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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: Bill Hardison who wrote (9506)7/26/1998 12:03:00 PM
From: Sector Investor  Read Replies (1) of 42804
 
The actual number is 4,294,502 as of 7/15.

Percentage of basic shares outstanding (26,387,000) is 16.27%

Percentage of diluted shares outstanding (28,582,000) is 15.02%

And, although I haven't seen the number, this has to be close to 10 days to cover, given recent volume.

These percentages are much higher if you subtract out management's holdings. I'm glad to see this, with earnings and CC so close. This number is AFTER our recent move up too - all the better (I hope).

Now, regarding the earnings report and CC - as the late Harry Caray used to say "Oh, for the long one".

Last 12 months' short interest:

06/98 3,491,961 421,136 8.29
05/98 2,451,112 446,661 5.49
04/98 2,961,645 577,178 5.13
03/98 2,224,600 892,251 2.49
02/98 1,465,730 424,508 3.45
01/98 1,844,272 437,199 4.22
12/97 1,885,764 451,913 4.17
11/97 1,130,491 596,820 1.89
10/97 1,062,785 482,934 2.20
09/97 1,147,054 406,289 2.82
08/97 1,030,372 261,768 3.94
07/97 1,706,696 408,142 4.18
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