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


To: Bruce L who wrote (11423)12/8/1998 12:55:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 42804
 
yep....pretty boring. we certainly need some kind of positive news. i shared an interesting discussion with an mrv sales person yesterday. without going into detail, i found no reason to sell the stock due to the conversation. also, it appears new major lines will be out around mid-year. while he felt some technology had moved ahead of mrv's, he felt confident the new products would leap-frog anything out there.
greg



To: Bruce L who wrote (11423)12/9/1998 12:05:00 PM
From: Bruce L  Read Replies (2) | Respond to of 42804
 
Tuesday followed the same pattern: negative money flow, negative MACD, albeit with increased - but still low- volume.

Today, the slide continues. We're seeing more large trades with two of 10K and 13.3K , with one on the bid and one on the ask. More medium size blocks also (4-6K) which are also split between buys and sells.

IMO some traders are losing patience with our stock given the blanket of silence that has been thrown over the company by management. Something is brewing (IMO) and we probably aren't going to know until the January earnings announcement. I think it will be positive -or I wouldn't be holding this stock- but it could be something nasty like a privatization scheme. All in all, the risk/reward ratio favors holding this stock.