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

To: signist who wrote (11733)	1/23/1999 8:11:00 PM
From: Sector Investor	Read Replies (1) \| Respond to of 42804

I posted the Metro Fusion Press release over on the SilkRoad thread and I have received some responses. Frank Coluccio's reply includes a link to New Access's web site which I had not found yet. I had to laugh as their Web site includes a page called "Press Release" - singular! I hope they have to revise that soon. <g> Here it is: new-access.com I will ask again if anyone plans on attending the Comnet/DC show? It is just a bit of a hike from Illinois :-) Is Anyone going or live close enough to attend? The 3 reply posts - thanks to all: Message 7445678 Message 7446362 Message 7446722 Now I'm going to read these more closely

To: signist who wrote (11733)	1/24/1999 2:22:00 AM
From: Bruce L	Read Replies (1) \| Respond to of 42804

Value of Level II John: Level II screens can provide valuable short term trading information to traders, but I have to say that it takes discipline and experience to profit from. Personally I learned of it about two years ago during a brief and unprofitable stint as a SOES/ DAYTRADER. You can get burned -and I learned the hard way - by attempting to apply the information it gives you in too a simplistic or superficial manner. Example: A stock has been on a run. In the ask column, maybe a moment ago there were 5 MMs (Market Makers) all offering to sell the stock at a particular price - with maybe 20-30 other MMs listed in the ask column with successively higher prices. Now the number of MMs offering at this price starts to diminish rapidly. With only one MM left offering at this price I make the not unreasonable deduction that the stock will go higher and enter an order to buy at this price. What I didn't take into account( by way of example) might have been that the particular MM at the low asking price was one with special clout in this stock, well able to hold the price because of a heavy supply of stock to offer at this level; or that the stock was reaching a level of previous resistance. Just after I have bought 3 or 4 other MMs show up in the "ask" column as also willing to sell at this same price. Over in the "bid" column where a moment before MMs were lined up 10 deep offering to buy at a sixteenth less, now in another instance all I can see are the flashes on the screen as MMs scramble to drop their bids. The downside can pick up momentum and in a moment I can have lost serious money. Contrast this with a situation where the bid and asks have been stable for a substantial period of time. I know the stock is at previous support. I see that all of a sudden the only MMs on the ask are lightweights who from long observation are only interested in "scalping" for 1/8th point or so. So I quickly hop on the situation hoping to take the stock for a ride of 1/2 or so. Bruce