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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: renard fox who wrote (22375)7/26/2000 10:34:18 AM
From: michaele23  Respond to of 42804
 
I hope this is those 5 million shares because that will be relatively short lived. JDSU went through a 7.7 million share sell off that hurt it for about a week. I doubt if the FOCI shareholders will sell all at the same time.



To: renard fox who wrote (22375)7/26/2000 10:37:05 AM
From: Greg h2o  Respond to of 42804
 
renard, i think what we're seeing is a weak naz, small investors scared sh*tless ahead of earnings/cc, and people on margin that are remembering the last time this stock moved down 70%. maybe the prospectus won't get announced by tomorrow, but i think next week will be just fine, as well. if we get below $60, i'm in with with whatever cash i can scrape together.



To: renard fox who wrote (22375)7/26/2000 10:38:15 AM
From: NeverSeemToLearn  Read Replies (1) | Respond to of 42804
 
<<Somebody knows something and is dumping the stock>>
IMHO, not so - just look at the volume.
<<Maybe the Chinese guys>>
I think so too - MRV stock they got is worth a LOT for them. The smaller stock options are selling now, but I am guessing that the bigger ones will sell after the earnings. I "expect" the CC to be good and still the stock to go down. We need about 3 to 5 mil of those shares out of the FOCI folks and then we resume our move up.

I plan to add to my position soon, now if I can decide when.... May be I will watch OBV starting from the date SEC filing was done to figure out an entry point....

Dayal



To: renard fox who wrote (22375)7/26/2000 12:24:17 PM
From: kvkkc1  Respond to of 42804
 
The selling pressure this morning may have been trying to beat the possible drop if we hadn't gotten the word that has subsequently come out. It allowed me to pick up some rvyhl's when the stock price was 63 and change. Sometimes you win and sometimes you don't. That's why they call it a market. I am pleased that the management came thru on their promise. Long for 5 years. knc