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

To: Ajay Aggarwal who wrote (6050)11/18/1997 6:55:00 PM
From: Sector Investor  Respond to of 42804
 
<<When does this option expire ?>>

Per the 10Q:

"In November 1996, the Company completed a private placement of 200,000 shares of
Common Stock to Intel Corporation ("Intel") for $4,000,000 ($20.00 per share).
As part of the private placement, the Company issued to Intel three-year
warrants to purchase up to an additional 500,000 shares of Common Stock at
$20.00 per share. Of such warrants, warrants to purchase 200,000 shares of
Common Stock are currently exercisable under certain conditions."


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