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

To: Bruce L who wrote (13322)	5/9/1999 10:13:00 PM
From: Crossy	Respond to of 42804

Bruce, exactly my idea - we need some shortterm break (sideways) to make this upmove more sustainable. Preferably ABOVE $17 range, though.. best regards CROSSY

To: Bruce L who wrote (13322)	5/9/1999 11:32:00 PM
From: WebDrone	Read Replies (2) \| Respond to of 42804

Bruce, why won't folks "buy on the rumor, sell on the news?" This old saw has a lot of truth to it, much to my amazement. I can't figure out why anyone would sell when the rumor is confirmed, but that is what usually happens, unless expectations are shattered. Perhaps that is the mechanism- expectations rise faster than reality. I am feeling that some kind of correction would be normal. Many people are looking at a very quick double and more- and can be expected to take some profits. I still think any time a stock outruns it's top call strike price, it will take off. We are within striking range, again. Up or down- I don't think we will just sit at $14. Web (but then, anything can happen. That's why I have some shares just tucked away in a drawer. I am usually wrong.)