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

To: tim_h who wrote (41773)	12/10/2003 11:16:27 AM
From: Greg h2o	Read Replies (1) \| Respond to of 42804

you're right...2.32...was going off of memory. the stock moved so much that i missed a dollar....<G> i guess it's now a buck or so better than where you think it should trade? or do you still think it's going out of business as you've so grandly articulated in the past? your response to me appears as though you wish you had been the one purchasing the converts....

To: tim_h who wrote (41773)	12/11/2003 1:15:45 AM
From: Duffeck	Respond to of 42804

<<Take a look again, the converts have a fixed price of $2.32. I couldn't find any time constraints on the conversion and IR refused to answer any of my e-mail inquires on the subject. As far as I can tell the convert holders can demand shares at anytime and sell them. If they were able to sell their 9.9mil shares at these levels they could make close to $10mil on a $23mil loan with a duration of 6 months. Close to double their 5 years interest.>> Then why hasn't the convert holder (Deutch Bank} already converted? The only reason I can think of is that they are betting the price of the stock will continue to rise. By the way Tim you sound an awful like NHT over on the Yahoo thread. duff