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

To: Jim Bautch who wrote (7361)	2/27/1998 2:03:00 PM
From: Michael H. Dragon	Respond to of 42804

Its often considered a contrary indicator,but whoever is buying them is betting it's going down, whoever is selling them beleives it won't go that low,time will tell.

To: Jim Bautch who wrote (7361)	2/27/1998 2:17:00 PM
From: B.REVERE	Read Replies (1) \| Respond to of 42804

At 5/16th's, a few people are protecting their positions for a very small premium. Expect selling to dry up on Monday when margin calls from Tuesday's drop finish today. I believe what's in the earnings report and what Noam said about the next quarter. Sequential higher revenues doesn't sound like this company's in trouble. The street sells first and asks questions later. When next quarter earnings come out in two months, I expect good results and a recovery to $30. Later,