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


To: Bruce L who wrote (10990)10/27/1998 7:48:00 PM
From: Sector Investor  Respond to of 42804
 
<< <Wouldn't this kind of volume drop us much further if it was all selling frenzy?>

It dropped us awfully far and awfully fast - 7 3/8 at the low. But to answer your question - as best I can - yes, it would have fallen much farther IF it had all been selling frenzy of sellers desperate to get out based on semi-specific leaks.>>

Thanks. I already knew the answer though. I have seen this stock drop 1-2 points on UNDER 100K shares, so we COULD have been back at $6 or below. I'm still inclined to think this was an easy exit for shorts more than anything else.