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

To: Greg h2o who wrote (16533)	10/26/1999 1:31:00 PM
From: Dee Jay	Respond to of 42804

if I remember correctly T spun off Lucent's shares directly to T's shareholders... How about a spinoff to sharholders AND an IPO AND retaining some shares in the corporate kitty? Or is that too wishful thinking? Dee Jay

To: Greg h2o who wrote (16533)	10/26/1999 1:33:00 PM
From: Sector Investor	Read Replies (2) \| Respond to of 42804

OA will supposedly go in the 10-20 X forward sales range that other similar companys have recently sold for. At 10 x Y2K sales (which the Van Kasper report estimated at $91 million), this equates to $9.1 Million for each percentage point given up. Now, OA needs some of that (half?) for their operating cash, so in this scenario (20% IPO), MRVC could get about $90 Million, OA gets the same, and MRVC's 80% gets valued at the market (not on the books though). Does this sound right?

To: Greg h2o who wrote (16533)	10/26/1999 1:42:00 PM
From: signist	Read Replies (2) \| Respond to of 42804

*IF the market places a value on OA at $1bil, MRVC will have shares of OA with a market value of $800mil...MORE than its current market cap!* Greg, I don't understand this part. If the market place places a value on OA at $1 billion MRV share(if they sold it would be $800 million) but whose shares would they be selling? Their personal shares I know. They would have already received from the broker $$$ for the 20%. The 80% in value is paper equity to MRV's bottom line??? Then eps increases and this and only this is how we( individual shareholders ) benefit which should increase the price of MRV stock? I am as dumb as I sound...don't believe me...ask my daughter! John