MRV Communications (MRVC) opinions? Message Board

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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: mahler_one who wrote (36167)	10/8/2001 9:07:40 AM
From: Sector Investor	Read Replies (1) of 42804

I've been trying to figure that out - and I am not the right person to ask. We need to get some series 7 person, I guess. There are 12 Million physical LMNE shares outstanding, but Longs own about 18 million shares (6 million short). Only 12 million shares will get MRVC shares. I don't know how that situation unravels without shorts covering, but there must be a way or they would have covered by now after MRVC announced the intended merger. At 0.43 ratio and LMNE at $1.95 on Friday, MRVC should be at $4.53, right? From Yahoo! I think it's $93 million in cash on LMNE's books as of Q2. messages.yahoo.com

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