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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 (7106)2/22/1998 7:22:00 PM
From: Ronald D. Stange   of 42804
 
Sector:

Noam (with a gleam in his eye) stated at the annual Board Meeting on 12/12//97 that they had $120-130M cash. Used Volve's estimate of Q4 shrs basic of 28.63M (Volve had 25.813 in Q3 + 2.0M secondary = 27.813M). My estimate of diluted shrs is 30.745M (options outstanding at EOY96 were 1.950M). There is a good .03 there!

Ron
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