MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: mahler_one who wrote (36167)	10/8/2001 12:06:32 PM
From: Dee Jay	Read Replies (1) of 42804

M1, MRVC is not transmutable into LMNE. So far as I can tell you cannot say "well, this here share of MRV stock is equal to 1.xxx shares of LMNE so here, take it and my short position in LMNE is covered". Short seller borrowed LMNE stock and short seller will have to replace it with LMNE at whatever price it takes to buy that UNLESS SS has already covered the short sale by a purchase that hasn't been used to close out the short sale. But why would anyone do that? Above is based on deduction and not any particular requirement that I can point a finger at. Dee Jay

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