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

To: Dan Spillane who wrote (12701)4/12/1999 2:43:00 PM
From: Michael J. Scimone  Respond to of 42804
 
Dan,

It's barking loud enough to bring back some old supports. I have been holding way more shares than I would like for a very long time, but most are in and IRA and I don't care to take that loss.

I expected it to recover within the next few quarters, but this is a nice surprise, doesn't look like the typical pre earnings run up we are all used to. Thank God I averaged down, was a leap of faith and having road a few other roller coasters (TXCC) past the dips.

So how about some of your TA on this ride. Many thanks to all the great posters on the thread, its is one of the few worth reading. Lets hope all us longs can put this one behind us this year.

m



To: Dan Spillane who wrote (12701)4/12/1999 2:45:00 PM
From: Bruce L  Read Replies (1) | Respond to of 42804
 
I'm not sure but I believe the MMs may be playing games now,e.g., phoney size on heir bids, shifting their positions to maybe lure in day traders. I'd be careful about buying right now. Ordinarily we'd see some pullback right now.

If not, then this move is just incredibly strong.

BTW, the 50K block I reported at 8 1/8 has now been erased.


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