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

To: Bruce L who wrote (11775)	1/26/1999 4:26:00 PM
From: ItsAllCyclical	Respond to of 42804

Bruce, this breakout is unique from the last in several respects. Sorry to hear you sold covered calls. 1) All the networking co's appear to be doing better, including COMS due to the internet. 2) MRVC has finally broke above it's 50 dma and the 50 dma is increasing. 3) New product announcement 4) Close near the high on heavy volume 5) Overall market is so highly valued that MRVC looks dirt cheap We have almost 2 weeks before earnings. Unless market tanks suddenly this rally will go to 15+ IMHO.