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

To: Mike I. who wrote (7466)	3/2/1998 11:30:00 AM
From: SJS	Respond to of 42804

You had a buy rec last week from BEST (and one in January from Volpe), it did nothing. I think it's way oversold so we appreciate the "supporting" buy. I think 25 or over in 3 weeks personally, but she's acting kind of funky... It has severly violated the lower BB, and based on technicals alone, she's due.

To: Mike I. who wrote (7466)	3/2/1998 12:07:00 PM
From: Seth Leyton	Read Replies (1) \| Respond to of 42804

Yeah mike, i've got one. The road show will begin in around 1 week. Volpe Welte Brown is a seller on level two but a buyer on Autex and instanet. I've seen this before and they are trying to press the stock to get good clients back in before the road show. They are traders and take advantage of the weakness. The road show, obviously, will be good and the 22.5 - 25 level is a great price to show new investors. It's down significantly from the secondary and most of the options on the stock from the xyplex deal are for $35. That gives them a significant reason to get the stock up. Hold for a couple of weeks and you'll show nice gains. Don't be afraid to take them though. I've lost faith that this stock will ever stabilize in the short run.