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

To: NeverSeemToLearn who wrote (26129)	10/25/2000 4:19:11 PM
From: coachbobknight	Read Replies (2) \| Respond to of 42804

this is exactly the point of my anger and frustration... we all knew that these ridiculous valuations could not and would not last forever... the window of opportunity was from the spring of 1999 until today... we were first told of the spin-off in june of 1999...it is now oct. 25 2000...and nothing but an ipo that still could be cancelled... sickening...

To: NeverSeemToLearn who wrote (26129)	10/25/2000 5:20:20 PM
From: Michael P. Michaud	Read Replies (3) \| Respond to of 42804

<<<As a 90%+ holder of LMNE, MRV shares would have reflected the price of LMNE. As it was discussed before, you can even short LMNE and be long MRVC. I guess it depends on your investment thesis, if you plan to keep LMNE a very long time, the acquisitions make sense since it makes LMNE a stronger company. I, for one, believe that the valuations given to Optical Companies are not sustainable. By having delayed the IPO, we would not reap the rewards of high P/S multiples.>>> Not true. MRVC and LMNE shares will be priced as the market values them. Sure i've read all the discussions re: the value of the shares (A+B=C), but you can cite a hundred examples available today, but none will be able to predict what the market will value each co. There is no magic formula! You aren't a 90% holder of LMNE until you get spinoff shares. You can buy on the open market at a huge gap open premium, or you can buy them cheaper. take your choice. For the small guy like me, i want the stronger company. I rarely see IPO shares until after they start trading on the open market. BTW why would you want to short LMNE and be long MRVC?