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

To: Sector Investor who wrote (12546)	3/28/1999 11:37:00 AM
From: Sector Investor	Respond to of 42804

And a bit more speculation on the last 2 cycles. These appear to be intra-quarter moves (what institution in their right "mind" would want to be seen holding MRVC at the end of a quarter? <gg>). Therefore nothing good (barring announcements) will probably occur before Thursday - the start of Q2. Look at the volume and closing price data I have provided for the last 8 months. The last cycle rise started on January 8th (pre-cursor on 1/6). The peak was reached on 1/16. We traded down until 2/16 (Earnings day), then traded down even harder until 3/2 (when I assume most institutions had fully exited). After 3/3 the volume drops and the price continues to drop (which I assume is frustrated individuals selling). The previous cycle rise began about 10/12 and peaked on 10/26, the day before EPS day, then traded down until a low on 12/15. Note that volume was significantly higher in this previous cycle (indicating perhaps institutions had some hope before, but don't now?) I also included data covering the drop period for those of you who have strong stomachs. Comments appreciated. MRVC - Common Stock Stock Price History Date Close Volume (00s) 03/26/99 5.938 1959 03/25/99 6.063 2912 03/24/99 6.063 1992 03/23/99 6.188 2108 03/22/99 6.438 1107 03/19/99 6.313 2043 03/18/99 6.250 2116 03/17/99 6.313 1667 03/16/99 6.438 2212 03/15/99 6.500 1516 03/12/99 6.500 1964 03/11/99 6.438 1830 03/10/99 6.563 1066 03/09/99 6.625 1322 03/08/99 6.625 1770 03/05/99 6.813 1680 03/04/99 6.625 1513 03/03/99 6.563 1372 03/02/99 7.000 2484 03/01/99 6.938 1598 02/26/99 6.688 1712 02/25/99 6.750 1525 02/24/99 7.125 2603 02/23/99 7.000 3637 02/22/99 6.813 1802 02/19/99 6.750 2948 02/18/99 6.438 4179 02/17/99 6.813 6176 02/16/99 8.000 2041 02/12/99 7.969 2609 02/11/99 8.125 2535 02/10/99 8.125 2337 02/09/99 8.563 2467 02/08/99 8.688 2440 02/05/99 8.500 3425 02/04/99 8.875 2944 02/03/99 9.375 3502 02/02/99 9.000 2537 02/01/99 8.875 2428 01/29/99 9.125 5814 01/28/99 9.031 6766 01/27/99 9.875 21551 01/26/99 9.875 29701 01/25/99 8.188 5827 01/22/99 7.875 3093 01/21/99 7.750 4159 01/20/99 8.375 12241 01/19/99 7.938 4027 01/15/99 7.688 2568 01/14/99 7.500 2313 01/13/99 7.375 4431 01/12/99 7.875 6021 01/11/99 8.031 14745 01/08/99 7.500 15641 01/07/99 6.219 2820 01/06/99 6.188 6358 01/05/99 6.250 1953 01/04/99 6.313 2223 12/31/98 6.188 3948 12/30/98 6.063 4689 12/29/98 6.156 4161 12/28/98 6.375 5735 12/24/98 6.125 1480 12/23/98 6.281 4144 12/22/98 6.375 2900 12/21/98 6.250 4188 12/18/98 6.813 4463 12/17/98 6.250 3955 12/16/98 5.781 2905 12/15/98 5.563 2671 12/14/98 5.750 3459 12/11/98 6.000 3110 12/10/98 6.234 2708 12/09/98 6.250 3260 12/08/98 6.500 4152 12/07/98 6.438 3055 12/04/98 6.563 2074 12/03/98 6.531 2970 12/02/98 6.594 2390 12/01/98 6.625 3671 11/30/98 6.563 3521 11/27/98 6.875 1547 11/25/98 6.844 2348 11/24/98 6.750 5231 11/23/98 6.813 6195 11/20/98 6.781 4050 11/19/98 6.844 2883 11/18/98 6.875 4449 11/17/98 7.000 3402 11/16/98 7.188 4418 11/13/98 7.375 1875 11/12/98 7.438 2742 11/11/98 7.656 2796 11/10/98 7.594 7151 11/09/98 7.125 4333 11/06/98 7.188 5616 11/05/98 7.656 2799 11/04/98 8.000 7195 11/03/98 7.813 8992 11/02/98 7.500 9363 10/30/98 6.938 24655 10/29/98 7.500 10228 10/28/98 7.594 6314 10/27/98 7.875 20209 10/26/98 9.063 19432 10/23/98 8.250 11253 10/22/98 7.469 3264 10/21/98 7.438 3164 10/20/98 7.250 15290 10/19/98 6.875 4942 10/16/98 6.375 4264 10/15/98 6.375 6129 10/14/98 6.000 2707 10/13/98 5.563 1815 10/12/98 5.656 5451 10/09/98 5.125 5349 10/08/98 5.438 6629 10/07/98 5.375 3581 10/06/98 5.500 3554 10/05/98 5.500 5812 10/02/98 5.875 3407 10/01/98 6.031 4351 09/30/98 6.188 3250 09/29/98 6.500 5873 09/28/98 7.125 5522 09/25/98 7.063 2636 09/24/98 7.375 4496 09/23/98 7.625 9694 09/22/98 7.875 10781 09/21/98 7.125 9681 09/18/98 6.063 3547 09/17/98 6.000 3373 09/16/98 5.875 3344 09/15/98 5.813 5582 09/14/98 5.938 5772 09/11/98 6.125 3563 09/10/98 5.875 4976 09/09/98 6.031 5094 09/08/98 6.313 8153 09/04/98 5.813 7637 09/03/98 5.875 11061 09/02/98 6.000 34805 09/01/98 5.938 42789 08/31/98 5.594 49356 08/28/98 6.813 115722 08/27/98 14.375 10150 08/26/98 16.875 3348 08/25/98 17.625 3053 08/24/98 17.563 2443 08/21/98 18.125 2124 08/20/98 18.688 818 08/19/98 18.938 3133 08/18/98 20.125 2882 08/17/98 19.063 2671 08/14/98 18.438 1653 08/13/98 18.250 3432 08/12/98 19.000 2854 08/11/98 18.500 2398 08/10/98 19.250 2362 08/07/98 19.750 7328 08/06/98 19.250 3473 08/05/98 18.500 3754 08/04/98 18.750 6709 08/03/98 19.563 3951 07/31/98 20.688 4529 07/30/98 21.938 4259 07/29/98 21.750 8884