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


To: Sector Investor who wrote (12552)3/29/1999 11:21:00 PM
From: Sector Investor  Read Replies (2) | Respond to of 42804
 
Progress! When you go to the NBase Website, you now get this message:

Important Notice!

NBase Communications has been combined with Xyplex Networks, an innovator in wide area networking, routers, and access servers, to form NBase-Xyplex, a full range networking company with the industry's best fiber-driven connectivity solutions. NBase-Xyplex's leading edge technology products provide intelligent solutions to enhance network capabilities. And NBase-Xyplex has the Global Service and Support to make it all work.

Additionally the NBase Communications and Xyplex Networks websites have been combined to form the NBase-Xyplex Website at nbase-xyplex.com.

You will be automatically transported to the new site in 20 seconds, if the new site does not appear click on the link above. Please change your bookmarks accordingly.

NBase-Xyplex, Enlighten Your Network



To: Sector Investor who wrote (12552)3/31/1999 11:27:00 PM
From: incomep  Respond to of 42804
 
[Hello, thread, Anyone would like to comment on this death spiral Debenture? It seems the bottom is floorless.]
In September 1996, the Company completed a private placement of an
aggregate of $30,000,000 principal amount of 5% convertible subordinated
debentures due August 6, 1999 (the "Debentures"). Proceeds from this private
placement were used to purchase the Fibronics Business. The Debentures were
convertible into Common Stock of the Company at any time at the option of the
holders at a discount from the market price of the Common Stock at the time of
conversion that decreased over the life of the Debentures until it reached a
floor