Covad Communications - COVD Message Board

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Technology Stocks : Covad Communications - COVD

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To: Mark S. who wrote (4074)	4/30/2001 12:07:26 PM
From: Captain James T. Kirk	of 10485

Ok, and you are correct to be very cautious. There is little to hang your hat on and more to not even touch this stock. However, eventually there is a price when one must jump. We have seen those prices twice, and if it were to go any lower, then getting in would not be an option because at those levels, the company is doomed. Did anyone see the bondholders letter today? Very odd timing, not really sure what their motivation is. They demand covad cut back on spending and preserve cash. Well my question to them is, haven't they already done that? And, doesn't it take cash to do business? I don't understand their point. Maybe it should have been written 5 months ago.

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