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


To: Bridge Player who wrote (41436)8/20/2003 7:37:28 PM
From: Bargain Hunter  Read Replies (1) | Respond to of 42804
 
It isn't an IPO. The stock is already publicly traded under TELM. But be aware that it will be diluted by 150% at the closing, in exchange for the purchase of ZHNE. Could lead to significant selling pressure by anyone keen to unload their ZHNE stock. Also I suppose there is some chance that the deal could fall apart.

At current TELM price ZHNE market cap would be about $250M compared with about $210M for MRVC.

I recommend moving any further discussion to the ZHNE board.