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


To: Bong Lewis who wrote (9379)7/10/1998 1:49:00 PM
From: WebDrone  Respond to of 42804
 
Other "network semi's" are doing well today, too.

Sanm (+6%) and alrn (+3%) are the folks that make backplanes. Sanm seems to be running up before earnings, but other than that, I don't understand the runup. I speculate there are a lot of shorts looking to clear out- I would guess 6 days to cover in MRVC, even now.

Of course, I didn't understand the selloff, either.

As my old Dad says- "It is better to wonder why something is working than wonder why something is not working"