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

To: Greg h2o who wrote (23814)	9/13/2000 8:59:28 AM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

this was unexpected: <<After the completion of this offering, MRV will own approximately 92% of the outstanding shares of our common stock or approximately 91% if the underwriters exercise their over-allotment option in full.>> would have thought more was going to be sold to the public.

To: Greg h2o who wrote (23814)	9/13/2000 9:12:32 AM
From: Bridge Player	Respond to of 42804

<< MRV plans to complete its divestiture of Luminent by the later of three months after the receipt of a favorable private letter ruling from the Internal Revenue Service or six months after this offering by distributing all of the shares of Luminent common stock owned by MRV to the holders of MRV's common stock. >> This is a change from an earlier intent to complete distribution within 6 to 12 months. If the offering is completed by end October 2000, then the actual distribution to shareholders would occur by April 30, 2001. BP