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


To: Sector Investor who wrote (16861)11/14/1999 8:05:00 PM
From: Joanne Fishman  Read Replies (1) | Respond to of 42804
 
Breaking news....From Reuters via JDSU thread (wish I knew how to move the http link).

Corning announced today it is buying Oak Industries for $1.8 billion. This represents a 51 percent premium over the $49.75 for Oak shares, according to Corning.

Corning spokesman said to look for increasing consolidation in the industry.

Shouldn't this be a positive for nBase/MRVC w/Red C?

And, thanks Sector for those recent posts.
--Joanne