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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: mark rose who wrote (8511)5/1/1998 10:00:00 AM
From: Greg h2o  Read Replies (2) of 42804
 
RE:<< You will lose access to capital markets if that is the type of return you provide to your secondary offering investors.>>
Sorry to jump into this in the middle, but I want to point out that investment bankers could give a tinker's damn what happens to the investors after the secondary offering. Some do actually try to support the price for a while. I would pose that the situation is actually quite the reverse from what you suggested-- companies seeking capital will not use the investment bankers that can't help support the stock price after a secondary. There's ALWAYS an investment banking source willing to do a secondary....
regards,
greg
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