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

To: benjamin who wrote (5954)	11/12/1997 5:41:00 PM
From: Mike Winn	Read Replies (1) \| Respond to of 42804

iqc.com Benjamin, From the ugly chart, it can possibly go down to 19 or lower but at some point, TA doesn't work anymore and you got to use your brain. If I own this stock, I wouldn't sell in the teens and I assume people would do the same, so the bleeding should stop somewhere there. But anything can happen in the market, so you got to play by ear also by watching the volume. Volume speaks! I may buy at 24 in high volume (start of uptrend) or at 20 in low volume (stop of downtrend). Mike.