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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: Renee Scherb who started this subject6/18/2004 1:44:23 PM
From: Greg h2o  Read Replies (1) of 42804
 
would be nice if MRV tried to sell CES to this group....

<<Alcatel, Finmeccanica Craft Rival to EADS
France's Alcatel and Italy's Finmeccanica said they have agreed to merge their space activities, capping years of talks and creating an entity that will put pressure on European Aeronautic Defense & Space Co., better known as EADS. Alcatel and Finmeccanica said they plan to merge their satellite businesses into new joint ventures -- one to focus on satellite assembly, the other to focus on satellite services. In total, the units are expected to have 2.15 billion euros of annual revenue. EADS, which tried a merger of its own with Alcatel in 2002, has had to cut jobs at its space unit, hurt by a downturn in the market for commercial satellites.>>
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