Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (12314)	2/27/1999 1:34:00 AM
From: akmike	Respond to of 42804

Web-this is supposition on my part,but i presume that the convertible offering last year included a registration requirement on MRVC in the event that any of the noteholders wanted to dispose of the notes that MRVC had to register the notes and the derivative common. There is undoubtedly a one-time tag-along for all of the other note-holders so that they can elect to have their securities registered or else they will have the expense going forward. As the world already knew this potential supply was out there it shouldn't have any negative impact at this stage and if the company picks up any of the securities on the cheap (like in Q4) it will be positive. Not a big deal from this perspective. Best regards, Mike