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Technology Stocks : Covad Communications - COVD
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To: margin_man who wrote (1318)10/3/2000 4:19:38 PM
From: Dale Stempson  Read Replies (2) of 10485
 
I have to now wonder where COVD would be without the positive press today. Folks were certainly taking the opportunity to sell into the short-lived strength this afternoon (and that was some major selling). I'm also concerned that this isn't over yet. My first reaction when COVD spiked up and then dropped back to 10-1/2 was that we would move up towards the close (in part thinking that the news would be better digested this evening and traders would want to establish positions prior to the market open tomorrow). Now I don't know what to think. What a bummer.

Regards - Dale
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