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


To: BxK who wrote (17415)12/10/1999 10:07:00 PM
From: BxK  Read Replies (4) | Respond to of 42804
 
Fire up your search engines! Forget "Linux". The next mania is "spinoff". <g>

MRVC and ORTL exploded to new highs on high volume in the last 2 hours of trading today. MRVC started a bit earlier than ORTL.

Near term, MRVC will be doing a spinoff/IPO of Optical Access and Hyperchannel. Charlotte's Web, Zuma and New Access will likely follow.

Tellium, 18% owned by ORTL, a likely near future IPO and it seems possible ORTL would choose to spinoff all or part of the shares to their stockholders.

If anything most of the other optics and networkers were down today
with no others that I looked at mimicking in any way the end of day blast-off of MRVC and ORTL.

Just flipped over to the ORTL thread. Pat Mudge and others
are starting to discuss possible combos of ORTL and MRVC. I don't
think so. I think something common to both was noticed externally and this triggered the buying in both. Spinoffs is my stab in the dark.

quote.yahoo.com

The 10 day chart is surprisingly similar. Don't have a clue if it means anything.

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