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


To: signist who wrote (6942)2/4/1998 12:18:00 PM
From: BlueCrab  Respond to of 42804
 
Small stocks in the tech sector are exploding; started yesterday. CSCO news didn't hurt, either. This could go on a while.



To: signist who wrote (6942)2/4/1998 12:48:00 PM
From: Andrew Furst  Read Replies (1) | Respond to of 42804
 
CSCO's coattails? Russell 2000 inflows? CSCO is up 2% today, the Russell 2000 up less than 0.5%, while MRVC is currently up 8% on high volume. Something's happening with MRVC itself. The other networkers are not showing similar gains. Whether there's been a fundamental improvement in MRVC or just unusually heavy buying today, I don't know - but I wouldn't say it's simply a spillover effect from elsewhere.