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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: Bridge Player who wrote (32020)5/16/2001 3:32:04 PM
From: James Calladine   of 42804
 
THE SPINOFF IPO MARKET IS DEAD........RIGHT?

Well, let's look at RSTN, the spinoff from CS
Went out on Feb 16 and closed that day at $13.06
Has been as high as $21.20, and presently trades at $17.70,
some 28% above the first day!

In comparison, LMNE on Feb 16 closed at $9.46 and is
presently trading at $4.72!

How has CS fared in the meantime. It closed at $15.09 on
Feb 16 and is now trading around $17.50

I've forgotten how many RSTN shares go to each CS holder,
but it looks like it is shaping up to be a good deal....!

Is if fair to say that CS know more about how to do this kind of thing than MRVC does (how is that for feeding you lines, Coach?)

Namaste!

Jim
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