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

To: Mike E. who wrote (23525)	9/5/2000 8:20:46 PM
From: Mike E.	Read Replies (1) \| Respond to of 42804

MRVC's current stake in Charolette's Web: (5) These shares were issued in connection with MRV's investment in Charlotte's Networks, Inc., one of MRV's partner companies. At August 24, 2000, MRV owed <sic> approximately 51.8% of the outstanding capital stock of this partner company. Source: freeedgar.com

To: Mike E. who wrote (23525)	9/5/2000 9:50:01 PM
From: candleLight	Read Replies (1) \| Respond to of 42804

<<an exercise price per share equal to lower of (a) the amount determined by dividing one billion dollars by the number of Luminent shares outstanding prior to the IPO reflected on a fully diluted basis or (b) 60% of the low end of the filing range for Luminent's common stock as initially filed with the Securities and Exchange Commission.>> If (a) and (b) are equivalent, $1B/60% = $1.67B. One more thing in this statement is that it's an exercise price that suppose to be lower than market price for executives.