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

To: facai who wrote (8946)	6/5/1998 3:28:00 PM
From: signist	Read Replies (2) \| Respond to of 42804

Hi Facai, The thing that I have seemed to have been over looking lately in "The overall Market trends" S&P500, DOW, Nasdaq, S&P100,S&P400, and Russell5000 all trending DOWN. The only sector I can find trending up a teeny bit is the Consumer sector. MACD indicator seems to indicate MRVC is in the middle of the recent down move. When this has happened in the past it seemed to me to indicate the beginning of a change up in the price of the stock, if one cares to believe in these things. The thing that really concerns me is MRVC recently reached a LOWER LOW and that indicator BOTHERS ME. If you have been around awhile this is just classic MRVC stock cycle.(except for the lower low) Price peaks before earnings announcement then dives lower only to rise again the closer we get to the next quarter's report. You probably know all this. John