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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: cmg who wrote (22395)7/26/2000 11:59:27 AM
From: William D. Tanner  Read Replies (3) of 42804
 
excerpt from the S-1

We are currently a wholly-owned subsidiary of MRV. After the completion of
this offering, MRV will own approximately % of the outstanding shares of
our common stock or approximately % if the underwriters exercise their
over-allotment option in full. MRV currently plans to complete its divestiture
of Luminent within six to 12 months after this offering by distributing all of
the shares of Luminent common stock owned by MRV to the holders of MRV's common
stock. However, MRV is not obligated to complete the distribution and the
distribution may not occur within the contemplated time.
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