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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: akmike who wrote (15951)9/24/1999 3:17:00 PM
From: Greg h2o  Read Replies (1) of 42804
 
<<If NAC needs the money, they will simply issue additional stock from the treasury and dilute all of the existing shareholders including MRVC,unless MRVC buys their proportional shares.>>

that may be the case, but keep in mind, it's only a negative to the extent the proceeds aren't used to expand the company. MRV certainly has the money NAC is seeking... it wouldn't be about the money, but about the partnership along with the money. oh, and technically, if there are shares issued from NAC in exchange for cash, on the books, 60% of that cash (or book value) belongs to MRV. also, MRV, being the largest shareholder must approve of the transaction.
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