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


To: Kamil Nemr who wrote (7184)2/24/1998 10:17:00 AM
From: Robert G. Harrell  Read Replies (1) | Respond to of 42804
 
Kamil, I think you're right on this. I looked at the intraday chart for the first 15 min of trading and there were no bars reaching 10,000 shares. The bulk of the trades looked to be in the 2-6,000 share size. This is not institutional selling. My guess is that this is mostly people who bought the secondary and were either led to expect higher earnings or who were spooked by the inventory increase but hadn't listened to the conference call.

After I listened to the CC I was wishing I had 2-3 times as much MRVC stock. It was extremely positive IMO but I'm not a techie. Where are all the old long time MRVC bulls on this thread with their opinions on the CC??? Dan Spillane are you too busy job hunting? Did you miss the CC?

Long and holding but disappointed.

Bob