mpharbold1

More Consolidation in Optical Components

The combination of 2 poorly managed companies with almost no earnings does not equal 1 good company with great earnings. And correct me if I'm wrong, but isn't FNSR going to have to issue approximately 159.56 million additional shares for this merger to take place. The earnings per share of the resultant company will be diluted to almost nothing! The recent gain in FNSR is obviously good for OPTM shareholders, but this deal will not add long term value to FNSR shares.