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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: Red Dragon who wrote (4078)7/2/1997 1:09:00 PM
From: steve berman   of 42804
 
If it's a hot secondary offering, I don't know that the average buyer would be able to pick up MRVC shares at $27.50, anymore than the average buyer can buy into an IPO at the initial price. These prices are generally reserved for the borkerage houses biggest and best clients.

Besides, I believe the secondary pricing will be based on a market price at some point between now and the offering.
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