SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Duffeck who wrote (27271)11/6/2000 3:11:30 PM
From: Zach  Read Replies (1) | Respond to of 42804
 
<<Lmne...gets the money>>

I haven't gone back and looked at the prospectus, but I can't image that it would be structured as anything other than a new issue of shares by LMNE. This IPO (although it benefits all of use MRVC longs) is being done to (i) start the process of making LMNE independent (essential to interest the likes of Spivey in running the show) and (ii) fund the initial working capital of LMNE. MRVC have been ways of using $200MM plus than funding LMNE's working capital.

Zach