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: Red Dragon who wrote (4012)	7/2/1997 12:54:00 PM
From: Red Dragon	of 42804

It seems that there will be a "cap" on MRVC's price until the secondary offering is completed. I posted earlier that if, for example, the offering price is 27.5 dollars a share (as someone else on this thread mentioned), then it seems that MRVC will not be able to advance more than a couple of dollars over this price. After all, why buy MRVC at 30 dollars when you can just pick it up at 27.5 at the secondary offering. Does this sound logical? Does anyone know the actual offering price and when it will be completed? Maybe the offering price "floats", meaning MRVC can advance, and the offering price will advance along with it??

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