RE: [CANSLIM] MRVC

From: Mike Lucero <mikelu@prostar.com>
Subject: RE: [CANSLIM] MRVC
Date: Wed, 10 Sep 1997 02:51:34 -0700
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Hi, all. I've recently started IBD and DG subscriptions, and check =
DG-online.

I'm wondering how to tell whether to buy MRVC's (for instance) breakout, =
or wait to see if it's only the end of a cup and going to start a =
handle.

Because BCP is only near a new high, would one think it's more likely =
going to make a handle than break out?

Thanks,=20

Mike

- -----Original Message-----
From:	Jeff Beckham [SMTP:jbeckham@vcn.com]
Sent:	Tuesday, September 09, 1997 11:01 AM
To:	canslim@xmission.com
Subject:	[CANSLIM] MRVC



    From Briefing.com:

    MRV Communications (MRVC) 34 3/4 +2 1/8: former high-flyer breaking =
out
today
    amidst strong volume. Issue setting new 52-week high on volume of =
1.35
mln shares vs
    yesterday's 619,000 and 3-month average daily volume of 330,000. =
(Posted
13:06
    ET).


        Jeff


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