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


To: James Young who wrote (5794)11/6/1997 1:41:00 AM
From: Dan Ross  Read Replies (1) | Respond to of 42804
 
500,000 is above average volume...however, it was concentrated which, like you, has me concerned.....I don't know what to say except what has happened in the past.....We used to see moves from 24 to 16 all the time......that is a 33% decline.....At 30, we are 33% off of the highs.....I just think it is oversold.....Possibly some concerns about the dilution we will see next Q......I am hoping for a quarter with sales in excess of $50 million. This would give a good ooommmphhh to those investors who are under water currently....

Dan Ross