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: signist who wrote (9071)	6/16/1998 12:45:00 PM
From: Greg h2o	Read Replies (1) of 42804

John, in the way I've heard it, it would be very unlikely that a debt offering would have been used for PR. It appeared to be such a rushed deal that I would have to assume it was being used either for an acquisition or for ramping up production. They certainly aren't stupid enough to do a placement without an explanation (while it may not be readable<g>) to shareholders. That's where the ability of a PR firm will help. They aren't going to sign a PR firm overnite, so hearing that they promised this 7 months ago is not exactly disappointing to me. I'm sure,along with institutional interests, there has been a thorough search and we'll be pleased with the outcome. It sure is nice, though, being able to buy amidst all of this pessimism. greg

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