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


To: George Dawson who wrote (11118)10/31/1998 1:12:00 AM
From: Sector Investor  Respond to of 42804
 
<<Examples would include authorizing shares but not issuing them except in the event of an attempted takeover. In that case the nonissued shares can be sold to dilute the shares of the concern attempting the takeover or sold to parties friendly to the company and who would vote for the company.>>

Interesting. This is why we exchange information - to learn things.

Well, your first sentence occurred today. Since they delayed the meeting without a reason given, I now wonder if the delay was to include the authorization of the 80 million shares in the proxy?