SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: WebDrone who wrote (9047)6/15/1998 11:09:00 PM
From: Eric L.  Respond to of 42804
 
In response to an e-mail about the yahoo rumour of Stapleton's employment...

Hi Eric,

Yes, Stapleton Communications will be working with MRV Communications as
their investor relations firm. If you have any questions, you can call us
at 650.470.0200. Willa Patch will be in charge of the account.

Regards,
Laura Dayton
Stapleton Communications Inc.

This seems to be a good development & after a glance a the other co.s they represent, Stapleton seems like the right place for MRVC at this time....imho...

later
eric



To: WebDrone who wrote (9047)6/15/1998 11:16:00 PM
From: Eric L.  Respond to of 42804
 
Raytheon Sells Majority
Stake In Whittaker For A
Loss

Dow Jones Newswires

NEW YORK -- Whittaker Corp.'s (WKR)
single largest shareholder, Raytheon
Corp. (RTNA RTNB), has sold its stake
at a loss.

Raytheon sold its 1.97 million shares in
the Simi Valley, Calif., maker of
fluid-control and fire-safety systems,
June 12, according to a filing with the
Securities and Exchange Commission. It
sold its stake to Canpartners
Investments at $11.95 a share, or $23.6
million.

Raytheon received the shares in 1996
when it sold its Xyplex Inc. subsidiary to
Whittaker for $68 million in cash and
stock worth $50 million. Whittaker
agreed in January to sell Xyplex to MRV
Communications (MRVC) for $35 million
in cash and warrants to acquire 500,000
MRV Communications shares.

Raytheon is a Lexington, Mass.-based
aerospace and defense company.

-By Lynn Cowan 201-938-5451


Just for the threads FYI, can't say how to interpet but always like to know everything that's going on....