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


To: Mike E. who wrote (25121)10/10/2000 9:30:30 PM
From: Duffeck  Read Replies (1) | Respond to of 42804
 
<<I'm a bit confused about some of the info in the filing. How does 3.6M shares = 11.693% of the outstanding? That would mean there are 30.79M shares outstanding?>>

The highlighted section reads "3,179,669 shares or 11.693% of the common stock outstanding of MRV Communications" This statement is from the "old" S-13G filed May 10th 2000. Before the split when there were approximately 27.2M MRV shares outstanding. The new S-1 says "3,557,710 shares or 5.503% of the common stock outstanding of MRV Communications". Dividing 3,557,710 by .05503 yields 64,650,372 shares outstanding.

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