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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: shasta23 who wrote (4073)7/2/1997 2:03:00 PM
From: shasta23   of 42804
 
In a press release about the new shares i read

"Two million shares are being offered by the company, and 550,000 shares by certain shareholders.

In addition, the company will grant the underwriters an over-allotment option to buy up to 382,500 shares of common stock. "

two questions:
1)what means "certain shareholders" in this context and
2)does "over-allotment" that it will be altogehter ~2.9million shares?

I'm just curious and don't understand the terminology>

Stefan
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