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

To: Sector Investor who wrote (8166)	4/15/1998 12:07:00 PM
From: Gary Schneekloth	Read Replies (1) \| Respond to of 42804

I am trying to determine is this move is just following the coattails of CSCO or on the merits of MRVC... Gary

To: Sector Investor who wrote (8166)	4/15/1998 5:56:00 PM
From: SpecialK	Read Replies (2) \| Respond to of 42804

2Questions related to options. 1. Yesterday the April 20 options were trading at 4 5/8 to 5 when the stock was 24 3/4 to 24 7/8 real time. I own these calls and I wanted to call the stock and sell it, effectively getting 4 3/4, as my sell order for 4 3/4 was not executing. The broker (Ameritrade) said that for the quantity of calls I didn't have enough cash + margin to call away the stock. In the money calls automatically call the stock if no action is taken prior to expiration, with the buy going through on Monday morning. Is this how most brokers work? 2. I changed my sell order after the close yesterday, putting the sell order at 5 1/2. First thing this morning, I see options traded at 5 1/8, the same quantity as my sell. My online account status said I had a cancel-replace going but no price or acceptance of my order, even though the order was placed the day before. I called the broker and he said YES, my options were sold at 5 1/8. I was somewhat relieved( these were down to 2 1/2 a few days ago) and upset( my order was to sell at 5 1/2 not 5 1/8. After lunch, when I called again, he said that the trade at 5 1/8 was blocked and my options were sold at 5 1/2. Shouldn't they have informed me that my options weren't sold, before selling them. With the positive market reaction, I could've changed my order. I just feel like I was cheated. Also, if the stock would have turned down, I'd still be holding those calls, with the thinking that I had sold at 5 1/8. It just seems wrong. All comments are appreciated. Thanks, Ketan GO LONGS, without me for awhile. Good Luck