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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: Greg h2o who wrote (23814)9/13/2000 9:12:32 AM
From: Bridge Player   of 42804
 
<< MRV plans to complete its divestiture of Luminent by the later of three months after the receipt of a favorable private letter ruling from the Internal Revenue Service or six 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. >>

This is a change from an earlier intent to complete distribution within 6 to 12 months. If the offering is completed by end October 2000, then the actual distribution to shareholders would occur by April 30, 2001.

BP
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