MRV Communications (MRVC) opinions? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

-0.1%

Aug 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rascalbythesea who wrote (31983)	5/16/2001 3:20:03 PM
From: Bridge Player	Read Replies (3) of 42804

Benny, if the bonds are called when the stock is trading at over $13+ something, the conversion price, they will be converted by the holders. MRVC will issue stock to the bond holders and the debt will be retired. It will NOT cost MRVC any money out of pocket to call the bonds and thus essentially FORCE conversion. If the bondholders fail to exercise their right to convert their bonds when the stock trades over the conversion price they would be losing money. That is why they will convert.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next