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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Sector Investor who wrote (25522)10/16/2000 2:22:14 PM
From: Sector Investor   of 42804
 
"Last Update: 12:35 PM ET Oct 16, 2000
NewsWatch Latest headlines

The uncertainty that choked off all deals on Friday appears to have subsided, with underwriters pushing about 10 IPOs this week."

"Alcatel Optronics

Alcatel's optical equipment unit is eyeing $1.3 billion in global proceeds in its IPO, which includes U.S.-listed American depositary receipts.

The French telecom and electronics giant is offering 16.5 million shares of a tracking stock at an expected range of $78.45 to $88 per share with lead underwriter Morgan Stanley.

The optical networking unit makes lasers, amplifier, detectors, optical switches for the Internet infrastructure."

"Although the estimated price for the deal is high, he said there appears to be strong institutional interest in the stock."

marketwatch.com

LMNE
How I luv ya
How I luv ya
My deal old LMNE
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