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


To: Saul Feinberg Jr. who wrote (9301)7/2/1998 9:21:00 PM
From: David Semoreson  Respond to of 42804
 
Thanks Saul, for making the call and posting the summary.

** David



To: Saul Feinberg Jr. who wrote (9301)7/3/1998 1:09:00 AM
From: Richard Birecki  Respond to of 42804
 
REavnoy said to Saul (Sounds like a biblical reference) Ans: well, the bottom line is no one knows how the market will
do in five weeks (at the time of the offering, the earnings
report would have been five weeks away, and at that time, the
market looked like it was going to tank). So we may have done
better, but we may not.

Saul, this is interesting. This means what? That they think they made a decent deal for an extra 100 million. OBviously it is going to be used for something, but with the stock depressed like that, to dilute at 27, seems like a strange strange play. Are they expecting the stock to down rather than up? And then, what is the 100 million for. Another aquisition??! I don't think their last one has been digested yet. It's obvious that something is up, or else they wouldn't have gone for it, it's not like they don;t have BOOKU cash already.

Richard
Bo Outlaw is on the line



To: Saul Feinberg Jr. who wrote (9301)7/3/1998 1:12:00 AM
From: Richard Birecki  Read Replies (1) | Respond to of 42804
 
Also ... based on RavNoys quote, I don't know how much you can read into it, but sounds like earnings are going to be right in line with expectations, and they thought in this market, that could be a "Negative"

Richard

Bo Outlaw is on the line