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


To: Sector Investor who wrote (23804)9/13/2000 8:30:25 AM
From: Mac S. Giballa  Read Replies (1) | Respond to of 42804
 
Sector, it looks like MRV is likely to break support at $48 within the next few weeks, and then test $35-$37. Whattya think?



To: Sector Investor who wrote (23804)9/13/2000 9:44:56 AM
From: Johnny_Blaze_420  Read Replies (1) | Respond to of 42804
 
Sector, re: 12M shares. Also, 1.8M for overallotment which we will probably get. Total outstanding after offering 156M so 156M * 13 to 15 = 2.02B to 2.3B. Unless I am missing something. How did you get 1.3-1.5???

Jb420



To: Sector Investor who wrote (23804)9/13/2000 9:47:29 AM
From: David Semoreson  Read Replies (1) | Respond to of 42804
 
Actually its not just 1.5-1.8 billion market cap because the net proceeds are after expenses.

A better estimate of market cap would be 156m shares X $14 IPO price = $2.18 B

 
>Message #23804 from  Sector Investor at Sep 13, 2000 8:27 AM
>That's $1.5-$1.8 Billion.

I'm keeping the faith, and buying more calls.

** David