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: Mr. Sunshine who wrote (41169)	6/2/2003 2:45:47 PM
From: NDBFREE	Read Replies (1) of 42804

<I veiw converts as essentially the same as options, expect the owners get paid interest until the convers are traded in for stock. Is this correct> Not really. With converts the buyer of the converts gets interest on the money they loaned to MRVC and the option (strictly their choice) to take the return of their money at some future date or the right to a number of shares for each $1000 they loaned to the company. MRVC could call (pay off) the loan early at a premium ($1000+ in my example). Believe holder of converts still has the choice of taking $$ or shares

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next