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

To: Greg h2o who wrote (11325)	12/1/1998 11:46:00 AM
From: Bruce L	Read Replies (1) \| Respond to of 42804

<Oh, and REAL institutions don't dump stock on non-news days without caring what price they get. Good ones fight for every 16th they can get.> Institutions do some pretty dumb things. Source: 30 years of reading such writers as Alan Abelson and Peter Lynch. The source for my observation that institutions put in general orders to dump a particular holding that is then mindlessly executed by a broker over a period of days or weeks is Lizzard ("Lizzard's Stock Swamp" on SI). This happens not infrequently. Your qualification regarding "non-news days" is significant. We have all seen institutions dump huge blocks of shares in a fashion that can fairly be described as mindless. Why do you think that underlying stupidity occurs only on "non-news days?" You further limited your observation to REAL institutions and "Good ones." I don't understand what you mean by a "REAL" institution: we all understood I was referring to financial entities who buy and sell stocks; they either are or they aren't. I would generally agree with a statement that "good" institutions usually don't make mistakes but don't see how that adds to the discussion. Just because a trade is of less than 5000 shares doesn't prove that it wasn't made by an institution; the latter do try and conceal their identities and their intentions. Of course, it doesn't prove the converse either; I only know the trades I described were mindlessly executed. bruce