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

To: Eric L. who wrote (7719)	3/15/1998 1:23:00 AM
From: Texas_Hillman	Respond to of 42804

Hi Folks, An interesting observation: the week 3/2 - 3/2 1998 was the highest volume week for MRVC since at least 10/96 (historical data obtained from Daily Stocks), and perhaps ever (not checked). During this period, the price ranged from a low of $21 7/8 on the first day of that week, to a high of $26 3/8 on the last day. This is definitely rising on very high volume in terms of historical trading for MRVC. In the ensuing week, volume has remained strong, although not at the same levels, as the stock has consolidated. This points to a strong week ahead, in my opinion. However, market factors may work against MRVC, as the Clinton problem deepens (probably shrug) and as the rest of the market continues to overvalue. Here's hoping for a shift to the small-cap sector. Tex