MRV Communications - noch jemand hier? - 500 Beiträge pro Seite

[tschernobyl]

Hallo!

Gibts hier ausser mir noch jemanden, der in MRVC investiert ist?

Tscherno

[tomja]

Hallo Tschernobyl,

ich bin gestern beim durchstöbern der letzten taipan ausgaben auf mrv comm gestoßen.
laut taipan ein guter wert mit großen aussichten, wurden dort zu 50 empfohlen mit ziel 100 in den nächsten 12 monaten

frage an dich:

kleine einschätzung:
geschäftsfeld
mitbewerber
glasfasermark usw.

würde mich sehr freuen

mit freundlichen Grüßen

frei nach meinem Motto

einer für alle u. alle für einen

Tomja

[tschernobyl]

Hi!

Du willst von mir ne Komplettanalyse? Du machst mir Spass. Scherz beiseite, ich suche dir in Kürze mal meine Links zusammen. Ich gehe davon aus, dass du englisch kannst. wenn du dann noch fragen hast, her damit. auf eine gute diskussion. freitag ist übrigens Luminent-IPO, eine 90% Tochter MRVCs.

[tomja]

hola tschernobyl,

erstmal herzlichen dank für die schnelle antwort

ich bin ab montag für 4 wochen im schönen florida (um meine sehr bescheidenen englisch kenntnise aufzubesser)

eine gesamt analyse ist bei einer ventur capital gesellschaft ( als solche sehe ich nach meinen forschungen mrv com.) nun wirklich nicht möglich

hab mich da etwas zu weit vorgewagt?!

Mitbewerber: jds, nortel, zum teil cisco mit seinen unzähligen beteiligungen auch bald eine vc
Markt: laut analysten starke wachstumsraten u. das übliche bla bla (gerade das ist es was mich stört = alle sagten es geht nur in eine richtung u. auf einmal ist cisco nur nach die hälfte wert)

also das ist soweit bekannt, sprich der oberflächliche kram, mich interresiert die einschätzung von einem "unbelasteten laien" bitte nicht falsch verstehen (wir haben keine verpflichtungen dem unternehmen gegenüber u. können so objektiver sein!!!

mich würde deine persönliche meinung u. etwas mehr hintergrundwissen interresieren, so heißen:
1. verstehst du was mrv com macht
2. welcher reiß gerade in diesem wert liegt, es gibt ja genug mitbewerber: siehe oben

kleine pause!!!


also ran an den speck, freu mich schon auf infos von dir

PS der ipo von luminent, es stand im taipan das aktionäre von mrv com., aktien von töchtern zugeteilt bekommen oder so ähnlich???

Frage: stimmt das u. wenn müssen irgendwelche stichtage eingehalten werden????

das war`s von mir

frei nach meinem motto:

einer für alle u. alle für einen

mit freundlichen grüßen

tomja

[tschernobyl]

Hi Tomja!

Also, Luminent baut aktive UND passive Komponenten für die Laser/DWDM-Industrie, und ist damit Konkurrent zu JDSU und u.a. Oplink. Oplink ist auch der bessere Benchmark hinsichtlich Umsatz und Grösse. Wenn Luminent die Mkpt. von Oplink erreicht, ist MRV auf jetzigem Stand fast komplett bezahlt. Und MRV hat noch anderes zu bieten.
Es gibt ein sehr aktuelles SEC-Filing zu Luminent, sowas wie das IPO-Prospekt (ca. 60 Seiten, gut als Englisch-Lektion ;-)

Soweit ich weiss, bekommt man für 1 MRVC zwischen 1.8 und 2 Luminent-Aktien, ca. 6 Monate nach der IPO. Ähnlich soll es bei den anderen Töchtern laufen. Natürlich musst du einen Stichtag einhalten, ich habs auch schon irgendwo gelesen (muss wieder suchen).

Optical Access soll auch in 2-3 Monaten "reif" sein, der Antrag ist schon gestellt. Optical Access baut verbindungsloses DWDM-/Laser-Equipment. Stell dir vor, du hast 2 Hochhäuser in einer Entfernung von 1 Kilometer in NewYork, und willst beide EDV-mässig verbinden.
1. Möglichkeit: Kabel legen (teuer und aufwendig)
2. Möglichkeit: Verbindungslose Laser von Optical Access mit 1 GB Übertragungsleistung (aus der Erinnerung, genau hab ich es nicht mehr im Kopf). Die haben schon viele Anlagen installiert und wenig Konkurrenz auf dem Markt. Optical Access gehört zu fast 100% MRVC.

iTouch ist tätig im Carrier-Bereich der Telcos. Soweit ich weiss bauen sie Router, u.a. auch UMTS/G3-Infrastruktur! Der CEO hat sie als die wahre Perle MRVCs bezeichnet.

Zaffire (ca. 20%) baut All-Optical DWDM-Router, und hat auch schon erste Exemplare verkauft. Ein Vergleich mit Corvis oder Adva ist vielleicht etwas gewagt, aber man wird sehen. Hoffen darf man aber.

Charlottes Web baut GB-Router, und glaubt man einigen Leuten im SI-Thread zu MRVC, dann haben die auch wenig Konkurrenz im Markt. Nortel soll z.B. nix vergleichbares haben. Genau weiss ich das allerdings nicht.
Nbase-Xyplex baut auch Intra/Internet-Infrastruktur, hat aber wenig zu bieten im DWDM-Bereich. Ich denke, die sind eher uninteressant hinsichtlich der Phantasie.
Auf der MRV-Seite findest du die restlichen Beteiligungen, da gibts noch ein paar andere, quasi als Sahnehäubchen.

Dass MRVC eine Venture-Capital-Gesellschaft ist, kann man durchaus sagen. Die werden z.Zt. sehr zurückhaltend bewertet (SoftBank, CMGI, IMH), vielleicht deswegen die m.E. krasse Unterbewertung von MRVC.
Jau, der Chart ist natürlich nicht schön, und ich frag mich warum. Eine Erklärung habe ich nicht. Die Zukunft wirds zeigen.

Viel Spass in Florida. Bist du beruflich dort?

Tscherno

[tschernobyl]

Korrektur: Charlottes Web baut natürlich Terabyte-Router, keine Gigabyte-Router

[tschernobyl]

gleich hab ichs! Terabit, nicht Terabyte

[tomja]

Halo tschernobyl,

wieder einmal herzlichen dank für prombte antwort

wenn es ein stichtag gibt, werde ich schnell mein depot etwas umbauen müssen (denke möglicher stichtag ist der ipo tag?) um am freitag dabei zusein!!!!

ansonsten ist florida zum ausruhen gedacht, gearbeitet, gelebt u. geliebt wird in berlin

ach so: wir beide scheinen hier sowas wie alleinunterhalter zu spielen, bis jetzt schauen 20 interessenten vorbei u. keiner hat n´e meinung, mir solls recht sein

bis bald!!!

einer für alle u. alle für einen


mit freundlichen Grüßen


Tomja

[HenryIV]

Hallo Leute,

ich glaube, ihr postet unter der falschen WKN. es existiert noch ein anderes dikusionsforum. (900879)

weiss jemand, wann man in deutschland mit der einbuchung der lmne aktien rechnen können ?

HenryIV

[HenryIV]

hier noch zwei anmerkungen eines halbwissenden:

-ich glaube, der stichtag war nur wichtig für die bestimmung der aktien, die dividendenberechtigt sind, also die LMNE aktie als dividende erhalten. allerdings können die aktien wohl weiterhin gehandelt werden. ihnen haftet dass dividendenrecht an (also das bezugsrecht für die zahl an lmne aktien). man sollte also auch nach der ipo beim kauf einer mrv aktie bis zum dividendentag die lmne aktien bekommen 8und am nächsten tag gibt es dann einen ex dividende kurs, also nicht erschrecken und mit den stop-loss orders aufpassen)

-ich habe gehört, iTouch hat wesentlich bei der instalation der netzwerkstruktur im CERN in Genf beteiligt gewesen sein. für den neuen beschleuniger dort, wird ein terabit netzwerk installiert (kabel sind schon verlegt). weiss jemand ob iTouch mit dabei ist ?


HenryIV

[tschernobyl]

Hi ihr beiden!

Henry, ich schlage vor, wir nutzen diesen Thread, weil er etwas aktueller ist, und auch die richtige Schreibweise in der Überschrift hat ;-)
Gestern, äh heute gabs die Preisfestlegung für Luminent, und die war leider am unteren Ende bei 12$. Verkaufen werde ich aber jetzt nicht mehr.

Das mit iTouch/Cern weiss ich auch nicht, werde aber mal suchen.
Heute wird`s auf jeden Fall spannend, drücken wir Luminent die Daumen.

Tscherno

[tomja]

hallo u. willkommen HenryIV!!!

tschernobyl dir gelten natürlich auch meine grüße

noch sind es vier tage bis ich im sonnigen florida bin!

habe ich HenryIV richtig verstanden?

ich bekomme luminent aktien als dividendenersatz wenn ich zum tag der dividendenzahlung von mrv com., anteile an mrv com halte?

wenn ja dann habe ich gleich eine frage: wann ist der tag der dividendenausschüttung???

ich habe mich noch nicht mit mrv aktien eingedeckt, wird am montag nachgeholt, kamm heute einfach nicht zum handeln (letzter arbeitstag mit sehr viel streß)

schon im vorraus meinen herzlichen dank an euch beide für die unterstützung bei meiner investmententscheidung

einer für alle u. alle für einen

mit freundlichen grüßen

tomja

[tschernobyl]

Hilfe, kann mir bitte jemand sagen, dass ich nicht verrückt bin und noch bis drei zählen kann? Ich rechne

MRVC 64.3 Mill. Aktien à 29$ = 1.865 Mld.$ Mkpt.
LMNE 156 Mill. Aktien à 11.75$ = 1.833 MMld.$ Mkpt.
Differenz: 32 Mill. $

Ummsatz Mill.$ 3.Q 00 1.-3.Q 00
MRVC 83 222
LMNE * 79
*hab ich leider nicht gefunden, aber die andere Zahl sollte als Beispiel genügen.

Mit 3 Quartalen aufs Jahr hochgerechnet ergibt sich für MRVC (ohne LMNE!) ein KUV von 0.17 (in Worten NULL KOMMA EINS SIEBEN).
Was mache ich falsch?

[HenryIV]

Hallo ihr beiden,

ich freue mich, dass ich wenigstens zwei "mitleidende" habe. leider sitze ich bei mrv gerade ziemlich im roten bereich. ich habe mir immer wieder überlegt, die aktie zu verkaufen. zu einer absicherung mit stop-loss kann man ja bei den wenigen stücken in deutschland nicht raten. jetzt werde ich wohl drinbleiben, komme was wolle. zum glück bin ich auch nur mit einem geringen depotanteil investiert.

allerding gab mir heute ein artikel wieder auftrieb, den ich über yahoo.com gefunden habe und der von red herring stammt.


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Fish or Cut Bait: An incubator worth owning?
By Paul R. La Monica
Redherring.com, November 13, 2000
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Check out the FOCB Index!

Incubators. Econets. Technology holding companies. Venture catalysts. There are lots of buzzwords to describe companies like CMGI (Nasdaq: CMGI), Internet Capital Group (Nasdaq: ICGE), and Divine Interventures (Nasdaq: DVIN) -- to which I say pick your poison. Regardless of which name you choose, there`s no denying that the stocks of companies that nurture startups have been among the worst investments this year.

Ask a CMGI shareholder what CMGI stands for, and she might say Crummy Miserable Godforsaken Internet. The stock has plunged 87 percent this year. And there`s certainly nothing heavenly about the stock performance of Divine Interventures since its IPO or the round of layoffs the company just announced. Internet Capital Group recently decided to slash its workforce as well.

So with all this doom and gloom in mind, I have decided to write this week`s column about an incubator that I like. Say what? Yes, Virginia, there is a publicly traded incubator that is actually worth a look: MRV Communications (Nasdaq: MRVC).

HATCHING OPTICAL STARTUPS
Instead of funding fluffy niche e-tailing companies like Furniture.com and MotherNature.com (a moment of silence, please, for these two recipients of CMGI largesse that recently joined the ranks of the dot-com deceased), MRV focuses on optical networking and Internet infrastructure companies.

I first mentioned MRV back in August, when I unveiled the Fish or Cut Bait Reader Index, of which MRV is a member. At that time, I said that the upcoming IPO of its optical component unit, Luminent, would be worth watching. Well, that time has come. Luminent (Nasdaq: LMNE) priced its offering of 12 million shares on Thursday night at $12, below its original price range of $13 to $15 a share. The stock debuted on Friday and opened slightly higher than its offering price, at $12.06 a share.

MRV`s stock price has taken a beating this year, plunging 65 percent since hitting its 52-week high in March. However, the Luminent IPO could be one of several catalysts that might get MRV`s stock moving again. MRV looks to be a classic case of the sum of the parts being greater than the whole. Just look at Luminent`s pre-IPO valuation. According to Luminent`s prospectus, the company will have 156 million shares outstanding. At $12 a share, you get a market cap of about $1.9 billion. After the IPO, MRV will own approximately 92 percent of Luminent. So at its offering price, that stake is worth approximately $1.72 billion, but MRV`s market cap is currently just $2.11 billion.

Now, if only MRV owned Luminent, then you could make a case that it`s now fairly valued. But MRV owns three other operating companies as well as stakes in several others. In fact, another one of its wholly owned subsidiaries, Optical Access, which makes wireless optical systems to deliver high-speed data traffic over the so-called last mile of a network, filed for an IPO last month.

This will not only give MRV a chance to see how the public markets value these subsidiaries on a stand-alone basis but could also give MRV some needed Wall Street exposure. Currently, only one Wall Street brokerage, First Security Van Kasper, covers MRV. MRV CEO Noam Lotan says that will likely change, as several prominent brokerages are involved in underwriting Luminent and Optical Access. CS First Boston, US Bancorp Piper Jaffray, Robertson Stephens, and CIBC World Markets are underwriters on the Luminent offering, while Bear Stearns, in addition to CIBC and US Bancorp Piper Jaffray, is an underwriter for Optical Access. First Security Van Kasper is also an underwriter for both Luminent and Optical Access.

And the offerings of Luminent and Optical Access appear to be just the beginning of a series of MRV-spawned IPOs. MRV chairman Shlomo Margalit says there are likely to be three more IPOs of MRV-owned companies in 2001. MRV also owns broadband access company Itouch Communications and Nbase-Xyplex, a maker of switching gear. (Note to MRV: if you`re looking to spin this one off, you might want to try a name that`s a little friendlier on the ears than Nbase-Xyplex, which sounds like it could be a movie theater multiplex somewhere in the Crab Nebula.)

Mr. Lotan and Mr. Margalit each discussed the possibility of an IPO for both Zaffire, an optical networking company in which MRV owns a 20 percent stake, and Charlotte`s Web Networks, which makes terabit routers and is not, as it name might suggest, a portal for everything you ever wanted to know about children`s author E.B. White. MRV owns 53 percent of Charlotte`s Web Networks.

Charlotte`s Web in particular looks like it could be a monster home run for MRV. The company is in one of the sexiest areas of networking. And in addition to MRV`s 53 percent, Williams Communications (NYSE: WCG) and Sycamore Networks (Nasdaq: SCMR) both participated as strategic investors in the Charlotte`s Web`s second round of funding. "The market that Charlotte`s Web is embracing is huge but still embryonic," says Mr. Lotan. "If you look at the router companies that started three years ago, most are gone except for Juniper Networks (Nasdaq: JNPR), and there`s always room for a No. 2." But the way the market is valuing MRV right now, it looks like its stakes in Charlotte`s Web, Zaffire, and Optical Access, as well as in other optical startups like Zuma and Optical Crossing, are worth just $390,000. Kind of odd, don`t you think?

WHAT`S IT WORTH?
So how do we find a true fair value for MRV? Since only one analyst follows the company, should you rely on that one estimate to calculate a price-to-earnings ratio? Probably not, but for what that`s worth, MRV is trading at 189 times the sole earnings estimate for 2000. There is no published estimate for 2001.

For comparative purposes, it probably makes sense to take a look at companies that compete with MRV`s portfolio companies. In its prospectus, Luminent lists Agilent Technologies (NYSE: A), Corning (NYSE: GLW), Finisar (Nasdaq: FNSR), and JDS Uniphase (Nasdaq: JDSU) as competition. Optical Access competes with such companies as Netro (Nasdaq: NTRO), Extreme Networks (Nasdaq: EXTR), Foundry Networks (Nasdaq: FDRY), and Cisco Systems (Nasdaq: CSCO). Because we discussed Charlotte`s Web as a competitor to Juniper, let`s throw them in the mix as well.

I looked at the price-to-sales ratio for all of these companies using trailing 12 months sales. With only one revenue estimate for 2000 for MRV, a forward price-to-sales ratio doesn`t make too much sense. Neither does a trailing price-to-earnings ratio since MRV and Netro lost money last year. The average price-to-sales ratio for these companies, excluding MRV, is 40.2. MRV is trading at just 6.6 times its trailing 12 months sales of $295.6 million. Only Agilent is trading at a lower price-to-sales multiple, and it is not just an optical components or networking company. Pure-plays that have recently gone public, such as Juniper and Finisar, have extraordinarily high multiples -- those two trade at 140 and 71.5 times sales, respectively.

This is, of course, not to say that MRV is a low-risk stock that must go up. The fact that it is so tough to come up with a solid valuation is problematic, and the pricing of Luminent below its original range is a reflection of the more cautious outlook investors have for fiber-optics companies at the moment. But unless you believe that the party is over forever for optical networking and components companies simply because of a cyclical slowdown in the telecom carrier market -- a thought I`d dismiss as sheer folly -- then a company like MRV looks like a solid bet to me. Especially because Luminent, which is just one part of the overall MRV story, has a market cap that is already on par with that of MRV.

RED HERRING INDEX WINNERS AND LOSERS
Come on Florida! A nation turns its lonely eyes to you. The uncertainty regarding the U.S. presidential election caused already jittery investors to become even more wary about the market. The FOCB Index plunged nearly 10 percent last week and is now at its lowest point since the index was created in July.

But wait, this just in. The results have finally been tabulated, and we are set to announce a winner. It is (drum roll please) Qualcomm (Nasdaq: QCOM), which gained 15.7 percent this past week. I`m of course referring to the FOCB Winner of the Week. No recounts are necessary here, as the closet competitor to Qualcomm was Macromedia (Nasdaq: MACR), which gained a measly 3.1 percent. Only 6 of the 50 stocks in the FOCB Index finished with a gain for the week. The big loser was Redback Networks (Nasdaq: RBAK), which fell 30.6 percent on concerns of a slowdown in spending for Internet access equipment sparked by Cisco Systems`s third-quarter earnings report.

Finally, don`t forget to check out our new Digital Hollywood Index. As a matter of fact, going to this page should become a part of your morning routine. Click once, click often! The Digital Hollywood Index struggled along with the rest of the market, dropping 7.3 percent in the past week. The index`s box office smash was Wink Communications (Nasdaq: WINK), which gained 14.7 percent. Fellow interactive TV company Tivo (Nasdaq: TIVO) was the index`s major flop, falling 18.8 percent.

Discuss today`s column in the Fish or Cut Bait column discussion, or check out forums, video, and events at the Discussions home page.

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Ist doch recht interessant, oder ?


nochmal was zum spin-off von lmne.

die aktie wurde jetzt erst an den markt gebracht. der tag an dem die im eigentum von mrv befindlichen lmne aktien an die aktionäre ausgegeben werden (das sind glaube ich 90 % der lmne aktien) ist noch nicht bekannt. man erwartet, dass das 3-9 monate nach der ipo erfolgen soll (oder sogar muss). die verteilung der aktien ist kein "dividendenersatz". ich habe nur das recht das an jenen aktien klebt, die zum stichtag aufgenommen wurden hängt mit einem dividendenrecht verglichen. ein solcher spin-off ist durchaus nichts ungewöhnliches in den usa. wenn euch interessiert, warum die unternehmen spin-offs durchführen und wie sowas läuft, seht euch doch mal die threads von MIPS bzw. SGI und 3COM bzw. PALM an. dort wurden einige fragen gestellt und beantwortet, die auch hier interessant sein könnten.


und hier noch eine kopie aus dem anderen thread, der wiederum die kopie einiger fragen und antworten zur sache aus einem anderen board enthält.

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Hier mal was von raging bull user duffeck zum spin-off von luminent

gibt es eigentlich noch jemanden bei wo , der hier investiert ist?
die postings sind recht alt und sehr spärlich.
Meldet euch doch mal !

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More than you wanted to know about LMNE IPO (revised 11/05/2000)

Q0)What are the road shows for and when will the one for LMNE be held?
A0)The purposes of the road show are well described in this reference. http://www.e-analytics.com/ipo/bplan3.htm. The LMNE road show has around a dozen presentations which started Oct 23rd and will extend through 9th of November. http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=14664…

Q1) What happens at the LMNE IPO date?
A1) Trading of 12M LMNE shares owned by CSFB, CIBC, Robertson Stephens Inc, U.S. Bancorp Piper Jaffray Inc, FSVK and those sold at the offering price to their preferred customers commences on the NASDAQ. The 12M shares do not include an additional 1.8M shares for which the underwriters have the option to issue to cover over-allotments, if any.

Q2) What is the date for pricing and what is the date of the actual IPO?
A2) The pricing date will be November 9th. The IPO (public trading) is expected to occur the next day Friday November 10th.

Q3) What and when is the distribution date? When will I actually receive my LMNE shares?
A3) The `distribution date` is the date when a dividend of 144M LMNE shares is distributed to MRVC shareholders. The distribution date is the later of 3 months after the receipt of a favorable private letter ruling from the IRS or 6 months after the IPO.

Q4) What is the ``record date`` and why was it important?
A4) The record date is the date at which the number of MRVC shares outstanding is frozen in order to fix the distribution ratio. Any MRVC shares outstanding as of the record date are eligible to receive the LMNE distribution. Because these outstanding shares have the LMNE dividend attached, the shares may be bought and sold on the open market up to the distribution date.

Q5) How many shares of LMNE will I receive in the distribution?
A5) The exact number of LMNE shares that a MRVC shareholder of record will receive is calculated based on the number of MRVC shares outstanding on the record date. The ratio of LMNE shares for each MRVC share is(144/number of MRV shares outstanding at the record date). See Question 11. Taking the number of MRV shares outstanding as of 80M the distribution ratio would be 144/80=1.8 LMNE shares of each MRV share.

Q6)When will I actually receive my LMNE shares?
A6) If you hold your MRVC shares through a stockbroker, bank or other nominee, that firm will credit your LMNE shares to your account. You should allow several days following the distribution date for this to occur. If you hold your MRVC shares in certificate form, MRVC`s transfer agent, will mail the LMNE certificate shares to you approximately one week following the distribution.

Q7) When will I need to own MRVC shares in order to receive LMNE shares?
A7) You must be an owner of record of MRVC shares by close of market at 4:00 p.m. Eastern Daylight Time on the distribution date. This means you can execute a trade to buy MRVC up until 4:00 p.m. Eastern on the distribution date and still be entitled to the LMNE shares. Shareholders should be aware that if they sell MRVC shares between the record date and the distribution date, they may be selling their right to LMNE shares in the distribution.

Q8) Will the trading price of either MRVC or LMNE affect the number of shares I receive?
A8) No.

Q9) Will the number of MRVC shares I own increase or decrease after the distribution?
A9) The distribution will not change the number of MRVC shares you own.

Q10) What will happen to the price of MRVC after the distribution? Will the price go down?
A10) Yes, the market price of MRVC will decrease immediately after the LMNE distribution because the value of the LMNE shares that was inherent in MRVC will have been extracted and issued to shareholders in form of LMNE shares. Immediately following distribution, MRV shareholders will theoretically hold the same overall value that was held immediately prior to the distribution, however, that overall value will be associated with two separate stocks, MRVC and LMNE, as opposed to the one stock, MRVC, prior to the distribution.

Q11)How many MRV shares will be outstanding at the time of the record date?
A11)The total number of shares of MRV common stock outstanding as of September 30, 2000 was 72,403,510. This number does not include the shares resulting from the conversion of the $90M convertible notes still oustanding. These notes convert at a split adjusted ratio of $13.52375 per share. If as is probable the notes will be converted prior to the LMNE IPO then this will add another 6,654,959 shares. The fully dilluted number of shares is given as 79,816,000 in the Q32000 earnings release. The fully diluted number does not include any subsequent increase in MRV shares stemming from further excercise of employee stock options. These options add up to at least another 4M shares if fully excercised. So it is likely that by the time of the LMNE IPO there will be at least 80M MRV shares oustanding.

Q12) What will happen to the price of MRV stock immediately following the LMNE IPO and during the time period between the IPO and the distribution date?
A12) That depends the market performance of the LMNE stock after the IPO. If, as many here anticipate, the market reacts positively to the LMNE IPO and the value of the stock increases then, since MRV retains 92% of the LMNE stock, during this period the price of MRV stock should increase to reflect the appreciation of the present worth of the perceived value of LMNE stock at the anticipated distribution date discounted for uncertainties (e.g. a favorable IRS ruling) associcated with implementaion of the planned distribution. Additionally the price of MRV stock during this period will be affected by the performance of the remaining MRV business units (ie iTouch,OA and Nbase)and partner startups (eg Zaffire, Zumma, Charlottes Web & Hyperchannel)during this period as perceived by the market.

duff

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HenryIV

[tomja]

hallo HenryIV,

mein mitleid hast du, doch bedenke das potential beim nächsten aufschwung u. der kommt bestimmt (alles was den Glasfaserbereich betrifft ist am boden o. wird noch runtergeprüpgelt)

ich hoffe du bist mir nicht böse wenn ich heute erst meine order in den markt gegeben habe (limit: 26 US, nicht viel nur 100 st aber ich denke das ist ein anfang)

für mich gehts jetzt erst mal nach Florida, den Jungs mal beim stimmenzählen helfen (bei mir geht es etwas flotter: zwei für bush u. eine für gore usw.)

also haltet die ohren steif, last euch beide nicht unterkriegen

nach einer langen nacht kommt bestimmt auch ein strahlender morgen mit viel sonnenschein

in diesem sinne

einer für alle u. alle für einen

tomja

[tschernobyl]

Optical Access sets IPO at 5 mln shares, $11-$13 each

WASHINGTON, Nov 20 (Reuters) - Optical Access Inc., a wholly-owned subsidiary of MRV Communications Inc. <MRVC.O>, on Monday set its planned initial public offering at 5 million common shares in a projected range of $11 to $13 a share.

The maker of optical wireless communications equipment said in an amended prospectus filed with the Securities and Exchange Commission that it expects to raise $53.8 million in net proceeds.

The underwriters, led by Bear, Stearns & Co. Inc., have the option to buy 750,000 more shares in the event the 5 million shares are in high demand, according to the SEC filing.

After the offering there will be about 46.7 million shares outstanding in the company, which is seeking a Nasdaq listing under the symbol "OPXS." <OPXS.O>

Based on a median share price of $12 per share, that would give the company an initial market capitalization of approximately $560.4 million.

It plans to use the net proceeds for product development, working capital, and general corporate purposes, the Chadsworth, Calif.-based firm said.

MRV, an optical component and network infrastructure company, saw its shares close down $3 at $19-3/8 on Nasdaq. They have a 52-week high of $97-7/16 and a low of $14-7/16.

((--John Poirier, Reuters SEC Desk, 202-898-8399))

REUTERS

Rtr 18:11 11-20-00

[HenryIV]

zeit zum nachaufen bei mrv ?

gestern haben einige analysten luminent (LMNE) gecovert und zumeist mit "buy" (einer "strong buy") eingestuft. Kursziel waren so bei 12-14 $. dadurch sollte es auch wieder bei mrv aufwärts gehen.

wenn es interessiert: news von LMNE bei yahoo.com lesen.

HenryIV

[tschernobyl]

Hi!

ich habe (leider) schon ziemlich viele MRVC, und bin ganz schön auf`n Arsch damit gefallen. MRV ist sicherlich ziemlich günstig. Bei LMNE solltest du beachten, dass es die Konsortialbanken sind, die gecovert haben.

Gruss
Gregor

[chulote]

sowohl mrv wie auch lmne sind klare käufe. wie sagte am samstag ein analyst in der szene. die börse neigt manchmal zu über- und manchmal zu untertreibungen, aber in the long run...
bei mrv und lmne liegen wir goldrichtig, denn wir investieren in den zukunftsmarkt mit den z.z. höchsten wachstumsraten im technologiebereich. wie geil wäre es wohl gewesen vor 20 jahren bei microsoft oder vor 10 jahren bei emc eingestiegen zu sein. aber jede zeit hat ihre chancen: it`s time for mrv und lmne (natürlich auch jdsu, extreme n., ...)

[tomja]

Frohe Weihnacht allen miteinander!!!!!


aus USA zurück u. ein wenig erschüttert über den kursverlauf von mrv com!!!

doch ich denke wir sollten dem kind etwas zeit geben.

tschernobyl u. henryIV nicht den kopf hängen lassen


ich hoffe wir werden uns im neuen jahr etwas öfter hier treffen


ansonsten: weiterhin schöne Weihnacht u. einen guten rutsch ins neue jahr

(ich drück euch die daumen, daß eure (natürlich auch meine) wünsche bzw. kurssteigerungen in erfüllung gehen .


mit freundlichen Grüßen

tomja

[Stockfinder]

Nun rückt doch endlich mal einer mit dem Stichtag heraus - den man zum Erhalt von LMNE erfüllen muss!

[tomja]

hallo Stockfinder,

ich weiß ihn leider auch nicht.

schade, schade, schade!!!!

also alle mann ran

frei nach meinem motto:

einer für alle u. alle für einen (Stockfinder)

mfg tomja

[HenryIV]

Heute gleich zwei Nachrichten zu MRV
-------
Wednesday January 17, 7:00 am Eastern Time
Press Release
SOURCE: Luminent Inc.
Luminent, Inc. Schedules Release of Fourth Quarter 2000 Financial Results
CHATSWORTH, Calif., Jan 17 /PRNewswire/ -- Luminent Inc. (Nasdaq: LMNE - news), a manufacturer of high performance active and passive fiber optic components optimized for the metropolitan and access segments of communications networks, announced today that it plans to release its financial results for the quarter ended December 31, 2000 after the close of the Nasdaq market on Tuesday, January 30, 2001. After the release, Luminent will host an open conference call to discuss the financial results. Details of the conference call will be provided in a future company announcement.

About Luminent

Luminent specializes in singlemode fiber optic components and subsystems for high-capacity, long-reach data transmission for the metropolitan and access networks. With a broad product line of high performance active and passive fiber optic components, and the technical depth to offer next generation optical solutions, Luminent continues its commitment to quick responses, reliable and cost-effective solutions, and customer satisfaction.

For further information about Luminent, contact Eric Blachno, CFO, at 20550 Nordhoff St., Chatsworth, CA 91311; call 818-773-9044; or visit www.luminentinc.com.
----------
Wednesday January 17, 9:03 am Eastern Time
Press Release
Charlotte`s Networks Offers Industry`s First Gigabit Ethernet Interface Module for the Aranea-1 Terabit Router
Aranea-1 Terabit Router Uniquely Provides High-speed Optical Interfaces
ANDOVER, Mass.--(BUSINESS WIRE)--Jan. 17, 2001 -- Charlotte`s Networks, a leading developer of carrier-class routers for the emerging IP infrastructure, introduced an Octal Gigabit Ethernet (GE) Interface Module for the Aranea-1 terabit router at the SUPERnet exhibition in Santa Clara, Calif.

Charlotte`s Networks continues to expand the optical transport capabilities of the Aranea-1 by offering Gigabit Ethernet solutions to carriers and service providers.

The Aranea-1 Gigabit Ethernet module features non-blocking wire-rate throughput on all ports. A total of 128 GE ports, the highest port density available in the market today, can be installed on a single Aranea-1 chassis. In addition, the Gigabit Ethernet module provides unprecedented advanced filtering capabilities.

The GE Interface offers the most cost effective solution for dramatically expanding connectivity to core and edge routers and switches, Gigabit networks and host server farms.

``Charlotte`s Networks is proud to be first to deliver this scalability and port density with the Aranea-1 Gigabit Ethernet module. This enhancement facilitates a flexible, high speed and high capacity solution for service providers wishing to allow their clients optimal Internet utilization,`` said Ayal Avrech, vice president of Advanced Technologies at Charlotte`s Networks.

The Aranea-1 groundbreaking network processor technology handles millions of traffic flows, offering the means to analyze, monitor, control and forward data for billing applications. It is the only router in the market that is a true multi-service system, enabling not only IP and ATM services, but also TDM circuit emulation and cross-connect functionality.

Charlotte`s Networks` solutions give precise, predictable and measurable information about the quality of service (QoS) guaranty being delivered. This enables service providers to ensure unmatched reliable services and unlimited capabilities for future growth.

About Charlotte`s Networks

Charlotte`s Networks is a leading developer of carrier-class routing solutions for the emerging IP infrastructure. Charlotte`s Networks` innovative solutions provide the high performance, scalability, Quality of Service and reliability required by carriers, large Internet Service Providers (ISPs) and Competitive Local Exchange Carriers (CLECs). Charlotte`s Networks has headquarters in Andover, Mass., with R&D facilities in Israel. For more information, contact Charlotte`s Networks toll-free at 866/738-4675, or visit the company online at www.cwnt.com.

Charlotte`s Networks is a technology investment partner of MRV Communications Inc. (Nasdaq: MRVC - news). For more information, visit www.mrv.com.

This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by MRV with the Securities and Exchange Commission, specifically the most recent reports on Forms 10K and 10Q, and as amended, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in operating results, dependence on new product developments, rapid technological and market changes, manufacturing risks, volatility of the company`s stock price, financial risk management, and future growth subject to risks. The announcement of the anticipated filing of any registration statements contained herein does not constitute an offer of any securities for sale.
------
alles über yahoo.com gefunden.

HenryIV

[HenryIV]

Und gleich nochmal

Wednesday January 17, 9:25 am Eastern Time
Press Release
Zaffire, Foundry Networks and UTStarcom Team to Deliver Breakthrough Metro Broadband IP Solutions
Companies Successfully Test Interoperability of System
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 17, 2001--Metropolitan optical networking provider Zaffire(TM), Inc., Foundry Networks®, Inc. (NASDAQ:FDRY - news), a performance and total solutions leader for end-to-end switching and routing solutions, and UTStarcom, Inc. (NASDAQ:UTSI - news), a leading provider of Softswitch and wired/wireless access networks, today announced a collaboration that enables broadband IP transport over dense wave division multiplexing (DWDM) optical systems.

Connecting Foundry`s BigIron® Layer 3 Gigabit Ethernet switches and NetIron® Internet routers to the Zaffire Z3000(TM) optical service platform allows telecommunications service providers to offer one of the industry`s first Gigabit Ethernet services over DWDM in metro and regional-area networks.

``Foundry, Zaffire and UTStarcom together can provide a complete solution for next-generation telecommunications networks,`` said Hong Lu, president and chief executive officer, UTStarcom. ``Zaffire offers the best metro DWDM solution, and Foundry has the most comprehensive line of high-performance broadband IP routers and switches. They are an integral part of our WACOS Softswitch solution, which provides IP-based multi-service telecom switching for wired and wireless telephony services. IP over DWDM technology revolutionizes the access network by simplifying topologies while providing scalability and reliability at a lower cost.``

UTStarcom is partnering with both Zaffire and Foundry to provide a complete IP-based solution to its carrier customers in the Asian markets such as China. UTStarcom recently deployed the joint solution in a major metropolitan area in China.

``Zaffire and Foundry have rigorously tested the interoperability of this breakthrough metro solution,`` added Bobby Johnson, president and CEO of Foundry Networks. ``We are excited to see the enthusiastic reception of this powerful solution by the emerging metro service providers.``

Service providers deploying the combined Zaffire-Foundry solution can provision end-to-end, error-free, high-bandwidth IP traffic. The integrated Zaffire-Foundry system carries straight packet-over-DWDM traffic, allowing Gigabit Ethernet traffic to go directly over wavelengths. Use of Zaffire`s digital wrapper technology allows the DWDM layer to offer SONET-quality protection and network management capabilities without the use of SONET equipment. In addition, the integrated Zaffire-Foundry solution can also transmit Internet traffic in the form of Packet Over SONET (POS)-over-DWDM. Service providers can thus offer high-speed, low-cost, reliable and highly scalable IP service to their corporate customers in the metro and regional areas.

``By collaborating with Foundry, we combine two best-of-breed solutions which permit unprecedented bandwidth and flexibility over metro and regional networks,`` said Zaffire chief executive officer, James Fultz. ``Zaffire`s goal is to continue to drive down costs and simultaneously improve performance of current metro and regional networks.``

About Foundry Networks

Foundry Networks, Inc. (NASDAQ:FDRY - news) is a performance and total solutions leader for end-to-end switching and routing including Internet routers, Layer 2/3 LAN switches, and Layer 4-7 Internet traffic and content delivery switches. Foundry`s 3,000+ customers include the world`s premier ISPs and enterprises, portals, search engines, e-commerce sites, and universities along with the leading entertainment, pharmaceutical, government, financial, and manufacturing companies. Some of these customers include: AOL (NYSE: AOL - news), EarthLink (NASDAQ:ELNK - news), AT&T WorldNet, MSN, and Cable & Wireless (NYSE:CWP - news), Yahoo! (NASDAQ:YHOO - news), Incyte Genomics, Inc. (NASDAQ:INCY - news), The University of Washington, University of Miami, LucasFilm, U.S. Army, Air Force and Navy, NASA and NIH. For more information about the company and its products, call 888/TURBO-LAN or visit www.foundrynetworks.com.

About Zaffire

Zaffire, Inc. is a high-technology company focused on developing a next-generation, optical services networking system for service providers worldwide. Zaffire`s breakthrough optical technologies have been well received by new-generation carriers, CLECs, RBOCs, and IXCs. Designed specifically for deployment in metro and regional-area networks, the Zaffire Advanced Optical Services Network Architecture gives service providers a new level of transport control over existing and emerging data, circuit, and lambda services. The solution also significantly reduces the total cost of ownership and provides service providers with a high level of flexibility to price and deliver differentiated service offerings. For more information, see www.zaffire.com.

Zaffire is a technology investment partner of MRV Communications, Inc. (NASDAQ:MRVC - news). For more information, visit www.mrv.com.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:

PASTM, which provides voice and data services over city-wide mobile wireless networks;
AN-2000, a broadband and narrowband access system for wireline networks;
WACOS, an IP-based SoftSwitch platform designed to deliver voice and data services using a highly distributed architecture. WACOS contains a SoftSwitch call server, a distributed multi-service IP gateway and a full suite of subscriber management, mediation and billing services.
The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom`s research and development facilities are located in the USA and China.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s Web site at www.utstar.com.

This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Readers are referred to the documents filed by MRV with the Securities and Exchange Commission, specifically the most recent reports on Forms 10K and 10Q, and as amended, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements, including potential fluctuations in operating results, dependence on new product developments, rapid technological and market changes, manufacturing risks, volatility of the company`s stock price, financial risk management, and future growth subject to risks. The announcement of the anticipated filing of any registration statements contained herein does not constitute an offer of any securities for sale.

Foundry Networks, BigIron and NetIron are registered trademarks of Foundry Networks, Inc. Zaffire, Z3000, Z-Manager and ZOS are trademarks of Zaffire, Inc. PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries. All other trademarks are the sole property of their respective holders.

[HenryIV]

Noch jemand hier investiert ? Sieht eigentlich gerade ganz vielversprechend aus.

HenryIV

[tomja]

Hallo HenryIV,

ich bin auch noch dabei, leider vor meinen Floridaurlaub zu 26 rein. Bin aber auch sehr zuversichtlich u. mache mir um meine Investition keine Sorgen.
Bei mrv com halte ich es wie ein ehemals Großer der Börsenbranche: Kaufen u. liegen lassen!!

MfG Tomja

[farang03]

Ist eigentlich noch jemand dabei? Oder seid Ihr alle mit Verlust `raus, jetzt wo es demnächst interessant wird...Bye, DL

[Stamoulis]

jau bin noch dabei keine angst, du bist nicht allein

[sveli1]

ich bin natürlich auch noch dabei

[farang03]

Mal ganz wagemutig gefragt, kauft Ihr nach? Oder doch schon `raus?! Bye, H.