MRV Communications (MRVC) opinions? Message Board

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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: EdR who wrote (10551)	8/31/1998 1:24:00 PM
From: cmg	Read Replies (1) of 42804

Weren't those sales a part of the Seconday Offering in Sept. of '97 ? I don't remember if part of the secondary included some insider stock sales.... <<That is impressive on it's face. But when considered in conjunction with these transactions, on 9/18/97, it doesn't look so good: RAVNOY ZEEV Sold (S) 200,000 Common 35.75 $7,150,000 MARGALIT SHLOMO Sold (S) 200,000 Common 35.75 $7,150,000 LOTAN NOAM Sold (S) 100,000 Common 35.75 $3,575,000> yes.......THE INSIDER SALES WERE KNOWN FROM JUNE 97 WHEN MRVC FIRST STATED IN THE SEC FILING THAT 550K SHARES WERE GOING TO BE SOLD BY INSIDERS..CMG

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