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

To: Mike Winn who wrote (6101)11/21/1997 4:02:00 PM
From: signist  Respond to of 42804
 
Hi Mike,

Thanks for the help (again).

Now that the stock's average trading volume has increased
from 200,000 + to 400,000+ and until today's move up 2-9/16
the stock had been trending down or forming a base one could assume 3/4's of the trades in MRVC today, very well could have been short covering.(I should wait to download today's trading)
As I stated in the last thread my charts show 28.5 as a technical buy signal...but don't have any money left!(i was trying to get a Ta's opinion on the chart thing)
in @18,24+,25+,27+,29+,30,31+and 33+. Guess where most of my money is located. :-(
Having said all this...and with the recent good news (3) positive press releases and BEST inside BUY reiteration...I, at least, will feel better over the weekend. :-) I know you will with all your holdings you had in Rambus:-)

Thanks Again,

John LoBianco




To: Mike Winn who wrote (6101)11/21/1997 4:28:00 PM
From: Regis McConnell  Respond to of 42804
 
Mike, xyln would seem to have a 'really very high' short interest, even considering that it doesn't have 2x the outstanding shares of MRV it appears to have 8x the shorts.

Regis


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