SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Janice Shell who wrote (1147)12/11/1996 2:32:00 PM
From: KOVICH   of 42804
 
Janice,

12/10/96 MRVC filed an S 3 regaurding the registration of shares that are being converted from the warrants that INTC bought.As well as shares that are being converted from convertable debentures that were issued for the fiberonics buy-out.Edmond Glaser told me it will take
the share count to 24 million shares. Hampshire raised their #'s to 14 cents for Q4 and 77 cents for 97.Management is comfortable with these estimates.

My only intention in addressing this issue is to deter the misconception that the fileing is for an additional 7 million shares.
I didnt want to read any B S from shorts or idiots who thought we might have 30 million shares after the fileing.After all 3 brokers I know said this was the case and it took a simple phone call to the CFO
to get it straight. I dont pretend to have the time to read a 300 page
fileing.

Kovich
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext