SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: signist who wrote (16192)10/8/1999 8:56:00 PM
From: akmike  Read Replies (2) of 42804
 
John-They have no cash? We all should be that short of cash: 108million before the offering and 382million after. MRV did not get stock or cash as NAC sold JNPR newly issued shares and NAC got the cash. I'm sure the details will come out soon and we will see that JNPR paid a lot more for the 2nd financing of NAC than MRV did for the first.
MRV no longer needs to fund NAC,gets improved visibility, and some serious sponsorship for this affiliate. All in all, IMHO, a very good deal for us shareholders.

Best regards,

Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext