Covad Communications - COVD Message Board

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Technology Stocks : Covad Communications - COVD

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To: Bald Eagle who wrote (2533)	11/28/2000 8:35:27 PM
From: Epics	of 10485

Remember that all growth funds that own this stock, owned it early in the year. At this juncture, people are bailing out of these funds left and right, any buying will hit resistence. However, there are value funds that will pick up where the growth funds leave off. Consolidation is inevitable, and the FCC cutting fees will be an earnings catalyst. This is a 2 quarter job at minimum, but with patience these stock will take off again, although you wont see 66 again. However, a 20 spot is not extraordinary 12 months out.

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