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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: ram yariv who wrote (9712)7/30/1998 12:09:00 AM
From: BEEF JERKEY  Read Replies (1) of 42804
 
Question! (To Anyone)

What is the relationship of MRVC's current cash position to share value?

I believe MRV has ~ $150 Million cash with no long term debt to speak of.

Is it fair to simply divide this number by the number of shares outstanding and end up with a figure somewhere around $5.30/sh?

Furthermore would then be O.K. to apply this number against the current stock price $21.75 - $5.30 = $16.45 and say this is what you are really paying for the stock?
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