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


To: Bruce Dorval who wrote (8597)5/6/1998 12:50:00 AM
From: WebDrone  Read Replies (1) | Respond to of 42804
 
Bruce- price correlation info

Bruce, I looked in to price correlations among networking stocks a few months ago in great detail.

For about 2 1/2 weeks, MRVC traded with BAY, using 5 minute intervals, to phenominal correlation, r= 0.95 or something. Then it stopped.

I have no facts as to why, only speculation about lazy use of computer trading.

What I have found is CISCO goes it's own way. Up. It's maddening. Why don't I just buy some? Aarg. It seemed so expensive LAST year!

I also found a good correlation between INTC, MSFT, and the networkers. Why? Speculations about lazyness.

Richard