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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: Roy S. Newman II who wrote (894)11/29/1996 6:39:00 PM
From: Dee Jay   of 42804
 
getting back to the business at hand (MRVC)it will be interesting to learn what Noam intends to do with the newly acquired $4 mill - invest in production facilities, R & D, ramp up production on the new products or a combination thereof? Any ideas or announcements?

In terms of dilution the book value per share should remain the same since this is a capital infusion (until expensed) but the eps will of course be diluted - but on the other hand, if the infusion permits the kind of sales multiple everyone anticipates that couldn't be obtained otherwise or at a much slower pace, of course we're all much better off, IMO. And that's the sort of thing that attracts investor attention including institutional accounts.

Dee Jay
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