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

To: Zach who wrote (27295)	11/6/2000 3:18:23 PM
From: Duffeck	Read Replies (1) \| Respond to of 42804

USE OF PROCEEDS <<I haven't gone back and looked at the prospectus>> From Prospectus: "We estimate that our net proceeds from the sale of the 12,000,000 shares of common stock we are offering will be approximately $154.2 million, or $177.7 million if we sell an aggregate of 13,800,000 shares upon the underwriters exercise of their over-allotment option in full, assuming an initial public offering price of $14.00 per share, after deducting underwriting discounts and commissions and after deducting estimated offering expenses. The primary purposes of this offering are to obtain additional equity capital, create a public market for our common stock and facilitate future access to public markets." duff