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? -- Ignore unavailable to you. Want to Upgrade?


To: Regis McConnell who wrote (14051)6/23/1999 12:17:00 AM
From: signist  Read Replies (1) | Respond to of 42804
 
Hey Everyone, I am out hustling pencils and you all decided
to sell part of our company?

What the heck is going on?
I really made a sign that reads "Buy MRVC" and have been
standing on the corner at Venice Beach waving it at everyone
hoping someone might buy a share or two. Did it work?

and the stock goes doooowwwwwwwnnnnn.

Should I expect something different?

John



To: Regis McConnell who wrote (14051)6/23/1999 7:14:00 AM
From: Jack Colton  Respond to of 42804
 
So, The buy out rumor appears to be true.

That's what my sources had said, but I don't want to be a rumor monger.

Now, given the amount of financial instruments this company has outstanding, with a magic price of $35, IMO, if a division is sold off, it would not be done for less than $35.

Any comments or opinions?

Jack



To: Regis McConnell who wrote (14051)6/23/1999 8:39:00 AM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
Let me get this straight:

MRV division alone is worth $600 million to $1 BILLION, but the market cap of the whole company is only $300+ million?

That seems to value all the networking arms at MINUS $300 million to MINUS $700 million.

Now if that fact doesn't point out to the market how undervalued MRVC is, I don't know what will (besides this post of course).