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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: Bridge Player who wrote (25472)10/15/2000 2:27:53 PM
From: Sam Nizam  Read Replies (2) of 42804
 
That price was simply for purposes of an example. No one has any idea what the price will drop to. The only
certain thing is that it will drop by an amount equal to the value of LMNE shares distributed.

I dont think that is certain at all. The whole idea of the spin-offs is to unlock shareholder value. If MRVC drops to a market cap of say 1 bil., that would be a huge discount to their Zaffire and CWNT holdings alone. Not to mention their other holdings. I just don't see it happening.
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