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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: WebDrone who wrote (14064)6/23/1999 12:14:00 PM
From: Sector Investor  Read Replies (3) of 42804
 
Web, a bit further speculation.

If this is for real and they at least get a separate independent VALUATION of the MRV division (without actually selling), this is also a positive for the market perception of the entire value of MRVC.

If they DO sell in that price range (which seems reasonable to me), without doing ANYTHING else, just that $700 million in cash on the balance sheet ($600 million + the 100 million they have) would represent about $26 per share.

Anyway you slice it this is a short term positive. This could be VERY interesting. I still don't like it from a long term perspective though.

Perhaps just a separate independent valuation is all they are really after?
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