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

To: signist who wrote (16192)	10/8/1999 8:49:00 PM
From: Sector Investor	Respond to of 42804

<< The underwriters expect to deliver the shares against payment in New York, New York on October 5, 1999.>> That was Tuesday of this week. Questions: Could this have anything to do with why neither JNPR nor NAC has said anything further? Perhaps the transaction is not complete yet? Maybe they haven't received or can't use the money yet? Normal funds availability delays? Perhaps we still hear something next week? Oh, and john, you said they (JNPR) have no money, but it looks like over $100 million there to me. Comments appreciated. BTW, I still have not heard back on my request to get 1-2 SI'ers out to see the Littleton call center. I haven't forgotten, just no progress to report.

To: signist who wrote (16192)	10/8/1999 8:56:00 PM
From: akmike	Read Replies (2) \| Respond to of 42804

John-They have no cash? We all should be that short of cash: 108million before the offering and 382million after. MRV did not get stock or cash as NAC sold JNPR newly issued shares and NAC got the cash. I'm sure the details will come out soon and we will see that JNPR paid a lot more for the 2nd financing of NAC than MRV did for the first. MRV no longer needs to fund NAC,gets improved visibility, and some serious sponsorship for this affiliate. All in all, IMHO, a very good deal for us shareholders. Best regards, Mike