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


To: Jack Colton who wrote (8078)4/5/1998 2:50:00 PM
From: Kamil Nemr  Read Replies (1) | Respond to of 42804
 
This is a copy of a message I posted on the Yahoo thread. I appreciate your input guys.

If you look at the MRVC chart for the time period between July and September 97 and then compare it to the time period between the end of January 98 till the present. I see a somewhat similar trend of an increase in price just before the July 97 earnings, held steady till earnings , then a drop. I observed the same trend taking shape between end of January 98 till present. If the trend follows the 97 pattern, then is it safe to assume that we might see the same breakout happening real soon just like the one that happened between September and October of 97? What do you think? Appreciate your feedback.