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

To: Sector Investor who wrote (10825)9/29/1998 7:44:00 PM
From: Jack Colton  Read Replies (3) | Respond to of 42804
 
I got a Z3 with 1st half profits from MRVC and ASND. Already had a GMC Suburban, Honda CRV, 3 Luminas and a Bus. What was left of the "play money" got wiped out by a margin call with what was left in MRVC.

But now I'm back, but a big BUY order in for MRVC, and I'm coming on strong. MRVC would make a great acquisition for a company like Intel, who really understands the business processes going on in a business like MRVC.

jack



To: Sector Investor who wrote (10825)9/30/1998 2:27:00 PM
From: Elliot S.  Respond to of 42804
 
It's good to know that the shorts are starting to cover. Maybe the worst is over. The remaining short interest is still substantial, maybe we can still get a short squeeze out of it. From a technical standpoint, the bottom looks like it's around 5 or a little less, and resistance to the upside looks like its around 10. Analysts still have a strong buy on this one. Very unpredictable to say the least.


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