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: Greg h2o who wrote (9014)	6/12/1998 1:33:00 PM
From: David Semoreson	Read Replies (3) of 42804

I am very long, and bought more this week. Now I am getting concerned about this financing. My first take was that they have another acquisition and I trust them to make a good deal, so I was comfortable. Now three things I read on Yahoo Board have bothered me. 1) There was talk that the cash was for operations (why? too much inventory?) 2) The conversion was to be 25-27% over current price (major dilution) 3) Cancelled (nobody would take the deal?) Comments? ** David

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