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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Greg h2o who wrote (14174)6/29/1999 2:51:00 PM
From: WebDrone  Read Replies (1) | Respond to of 42804
 
Greg, Vlad (yahoo!) posted the bond information.

At this point, I can see that some bond holders might cover some of the short position.

My intuition (and I'm very mathematical) is that there is an optimum ratio of short shares for a bond price, and a given time premium.

Given that the time has eroded, and the shares are double their lowest price, the ratio of short shares has probably decreased.

I expect there are little computer models to determine the optimum hedge.

You guys have convinced me- some of the bond holders are covering a portion of their short positions.

It's all part of MRVC looking viable again.

Still risky, but the panic is out of it. IMO.

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