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


To: Cube who wrote (10543)8/31/1998 12:02:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 42804
 
Can you show me ANY company in the history of the universe that has EVER used a press release to announce insiders were selling.... I didn't think so.
Up until today, I think much of what you've said has been logical. I guess we all have off days....Of course, this one isn't costing you as much as MRVC's off day is costing me <g>!
greg



To: Cube who wrote (10543)8/31/1998 12:51:00 PM
From: EdR  Read Replies (1) | Respond to of 42804
 
Cube,

Weren't those sales a part of the Seconday Offering in Sept. of '97 ?
I don't remember if part of the secondary included some insider stock sales....

<<That is impressive on it's face. But when considered in conjunction with these transactions, on 9/18/97, it doesn't look so good:
RAVNOY ZEEV Sold (S) 200,000 Common 35.75 $7,150,000
MARGALIT SHLOMO Sold (S) 200,000 Common 35.75 $7,150,000
LOTAN NOAM Sold (S) 100,000 Common 35.75 $3,575,000>>

Thanks,
Ed...




To: Cube who wrote (10543)8/31/1998 8:51:00 PM
From: mph  Respond to of 42804
 
Cube:

That's old news (re the difference between insider sells and buys). Now I may be remembering incorrectly or confusing this with another company, but as I recall the insider selling last year was done in conjunction with the secondary. Others here can confirm or correct, I'm sure.

mph