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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: mact who wrote (25438)10/14/2000 1:15:13 PM
From: Sector Investor  Read Replies (3) of 42804
 
<<sector, i think u are under estimating lmne...20-30 is a given at the open imo...>>

Ahh, but that is my intent. It's better to discuss things conservatively.

"I have discovered this really amazing equation regarding the embedded value of LMNE in MRVC's price, but the proof is too long to include in this margin."

Actually, you don't have to be Fermat to figure this one out.

The answer is M=2L

MRVC will hold 144 million LMNE shares. The highest estimate of the number of outstanding MRVC shares is 72 million (Don't bother to post another number, as we will find out for sure when MRVC reports Q3 earnings, and for now I want a high end number).

So, whatever price LMNE trades at (you pick the number), simply double it, and that will represent the value of MRVC's LMNE holdings in MRVC $ per share.

So if LMNE trades at $25, that equates to $50 per MRVC share held in LMNE stock.
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