Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kamil Nemr who wrote (7897)	3/27/1998 9:19:00 AM
From: Greg h2o	Read Replies (2) \| Respond to of 42804

RE<<it was obvious that more than 80% of the volume was MMs, they did not allow the price to get over 24 or below 23 for long>> I think you are placing FAR too much emphasis on MMs ability to move (or keep stagnant) the markets. Their main function is to facilitate trades. If more than 80% of the volume was from MMs, that just means they are doing their job. If there was enough demand for the stock, it would have pushed over 24. It's ludicrous to think that MMs, whose funtion it is to make 1/8 or 1/4 point on a trade, care which direction the stock price goes. Their only concern is that they don't get stuck with the stock overnite. As for the large buy volume you saw, for every buy there's a sell. I seriously doubt MMs are holding this stock overnite. regards, greg