MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Sector Investor who wrote (16109)	10/1/1999 11:17:00 AM
From: Bridge Player	Read Replies (1) of 42804

Not sure if this reasoning is correct, Sector, but give this a try.... << warrants to purchase additional capital stock of New Access, which, if fully exercised for an aggregate of $2,050,000, the Company would own an aggregate of approximately 60% of New Access's capital stock >> <<The warrants are exercisable in two installments (provided the first installment is exercised) by July 1, 1999 and January 4, 2000, respectively.>> What this suggests to me is that in order to acquire the full 60% ownership, MRVC would have to exercise both installments, the 2nd by January 2000. And perhaps they have so far exercised only the first, prior to July 1 1999. BP

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