MRV Communications (MRVC) opinions? Message Board

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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 (16762)	11/11/1999 12:04:00 AM
From: Bridge Player	Read Replies (1) of 42804

<< the stock will have to rise to roughly reflect the market value of MRVC's OA holdings. How could MRVC have a $740 million market cap if they hold stock in a company that alone is likely to be worth more than that in the market? >> I wish I had noted the names of the companies in question, but unfortunately I did not. About 3 months ago I ran across an example very similar to our situation with OA. A company trading at around 40 held stock in a recent partial spin-off that was worth over $70/share based on the market price of the spin-off. Hopefully someone who lurks here will recall? As I remember it was a case where the other company was not expected to keep its price at current levels. So is does happen. BP

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