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

To: RXGOLF who wrote (7492)	3/2/1998 6:10:00 PM
From: Richard Birecki	Read Replies (3) \| Respond to of 42804

Well, I bought 405 shares today. My cash on the sidelines is now in the game. Either there is something we don't know about, or else this better than a solid buy. If it dips down to $20, ALL my remaining cash is coming in. I'm putting in a buy order for a few hundred more shares at 20 as we speak. Man, you guys are really monitoring the daily movements of the stock. The one thing I pray is that there is we know the whole story. That's all. But I sit here and watch, and just tell myself, "Patience, patience." Of course, I don;'t have any, so I'm hoping this stock doesn't dip much lower. Richard

To: RXGOLF who wrote (7492)	3/2/1998 6:24:00 PM
From: Kamil Nemr	Respond to of 42804

There are many indicators that I look at but I'll name a few here that I think have had a good track record with MRVC. My primary indicator is the stochastic oscillator, I use a fast and a slow oscillators, when the fast oscillator crosses the slow oscillator with a positive slope and after a severe decline in a stock this indicates a strong buy. This oscillator works best with volitile stocks such as MRVC. The second major indicator is called percent price rate of change, I would'nt go into defining the mathematics behind these indicaors for lack of time on my part. Anyway The PROC indicators crosses upper and lower limits triggering buy and sell signals, as of now it triggered a buy signal. Another indicator I use is called a moving upper and lower limit envelopes, when the stock price touches the upper limit it signals a sell signal and the lower limit generates a buy signal, again it just touched the lower limit today. These indicators are very basic but they work as good predictors for certain stocks, after studying the MRVC chart for the last two years, it looks like these indicators were excellent predictors with a 95% success rate. You have to determine which stocks are good candidates. Will be willing to help more when I have more time. Kamil