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


To: Wesley Zega who wrote (7403)2/28/1998 12:43:00 PM
From: Sector Investor  Read Replies (1) | Respond to of 42804
 
<<I stand corrected (I think). However, "The Street" seems to reward acquisitions with devaluation. Case in point is ASND. When they announced acquisition of CSCC, the stock dropped 10 pts and is still half the value (combined with CSCC) as they were pre-acquisition.>>

You have to be astute enough to make your own calls on that. Ask yourself:

Where would ASND be right now if they hadn't bought CSCC? Answer: Somewhere in the teens.