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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 (20081)4/5/2000 11:57:00 PM
From: Michael P. Michaud  Read Replies (1) of 42804
 
Not that we aren't beating this one to death, but has anyone thought about the FOCI merger re: MRV stock price? The acquisition was for stock and cash based on stock price close of the 18th of FEB. I don't know what that was, but if we keep sliding, we may have to come up with more cash! Only an argument for those who think the recent announcements are "timing". I'd really hate to see this deal fall apart b/c the sagging price of the stock. We need FOCI to be a serious JDSU competitor. Anyone know when we might close on this FOCI deal? Are the FOCI folks still happy with the merger plans?
Mike
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