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: tim_h who wrote (41773)	12/11/2003 1:15:45 AM
From: Duffeck	of 42804

<<Take a look again, the converts have a fixed price of $2.32. I couldn't find any time constraints on the conversion and IR refused to answer any of my e-mail inquires on the subject. As far as I can tell the convert holders can demand shares at anytime and sell them. If they were able to sell their 9.9mil shares at these levels they could make close to $10mil on a $23mil loan with a duration of 6 months. Close to double their 5 years interest.>> Then why hasn't the convert holder (Deutch Bank} already converted? The only reason I can think of is that they are betting the price of the stock will continue to rise. By the way Tim you sound an awful like NHT over on the Yahoo thread. duff

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