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

To: pass pass who wrote (5656)	10/28/1997 1:04:00 AM
From: Stu Bishop	Read Replies (1) \| Respond to of 42804

pass pass, Trends stay the same right up untill they change. Someone (market) has to be a maverick and reverse this. Perhaps the U.S. will exert some leadership tomorrow and buck the down trend. I can't believe our Goliath market is felled by a tiny stone throne at it by the juvenile piss ant Hang Seng. Think about it: ALTR: -39% AMAT: -43% MRVC: -31% CFMT: -55% ETEC: -40% SMTC: -30% It's a correction already; no, 10% is a correction, this is a tech crash, already. This cannot continue much further. Very little has changed but the prices. Surely just as the market insanity has trashed these shares, the market has to recognize that these are screaming values now. Later Stu B.

To: pass pass who wrote (5656)	10/28/1997 1:31:00 AM
From: Dan Ross	Respond to of 42804

Theoretically, the feedback won't stop until all markets reach 0. This is a joke. Actually, the Dow (if you define that as the market) can never go to 0 due to the way it is formed. Each stock split results in the divisor being re-calculated. In doing this, the index somewhat gets skewed up. I'll calculate sometime this week what the market would be if all 30 stocks went to 0 and post it. The S&P500 is a better indicator of the broad market. However, it too is a poor indicator of the broad market since the stocks in the index are in the top 5% of stocks when looking at market caps. traded on U.S. Exchanges. Dan Ross