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

To: Cube who wrote (10173)	8/22/1998 4:46:00 PM
From: Sector Investor	Read Replies (1) \| Respond to of 42804

<<It has been my experience that making new lows on low volume is a very bad sign in the short term.>> So how do you feel about making new lows on very HIGH volume. Look at CIEN Closing Price/Volume history for the last month. Friday's volume was the highest in at least 1 year. $88 5/8 to $31 1/4 in one month. Oh my! What is Pink doing here when he could have made a real killing? MRVC didn't make a new low anyway. CIEN - Stock Price History Date Close Volume (00s) 08/21/98 31.250 294733 08/20/98 56.781 22276 08/19/98 58.438 54117 08/18/98 58.313 38583 08/17/98 56.125 90465 08/14/98 54.125 244168 08/13/98 71.188 8129 08/12/98 71.250 7568 08/11/98 72.875 14052 08/10/98 72.188 15073 08/07/98 75.688 13525 08/06/98 72.125 21228 08/05/98 69.469 20162 08/04/98 72.188 29324 08/03/98 73.500 30628 07/31/98 74.063 51960 07/30/98 79.375 72014 07/29/98 80.438 31300 07/28/98 83.500 18229 07/27/98 84.625 24764 07/24/98 83.063 21390 07/23/98 85.688 23232 07/22/98 88.313 25042 07/21/98 87.938 27441 07/20/98 88.625 15728