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

To: Phil Rosten who wrote (10093)	8/19/1998 11:54:00 AM
From: Bruce L	Respond to of 42804

Re: Precipitous drop on very low volume; MM's gunning for stop orders Within just 6 minutes on volume of just 11,000 shares MRVC fell from 19 3/4 to 18 7/8. Very interesting to look at T & S: Time shares Price 11:22 200 19 3/4 11:22 5000 19 3/4 11:22 1000 19 3/8 11:23 4000 19 1/4 (6 trades combined) 11:26 2300 19 3/16 11:26-27 3500 19 (4-5 trades all at this price) 11:28 7200 18 7/8 11:29 5000 19 We're now back to 19 7/16. It's incredible how few shares it takes to bring this company's shares down. It's obvious to me that the MMs are playing games - in this case probably gunning for maybe a stop order on that trade of 7200 shares at 18 7/8. Or they're trying by manipulation of a few small lowball trades to hold the stock under 20 for options expiration.