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Strategies & Market Trends : Rande Is . . . HOME

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To: HiSpeed who wrote (45328)1/12/2001 7:51:48 AM
From: GREENLAW4-7  Read Replies (5) of 57584
 
Regarding CORV lock-up, the only reason this stock is below 40 IMHO is because of this lock-up issue. I agrre from the look it would indicate pressure but you must do your DD. Institutions haing been SWOLLOWING this stock up over the last 2 months. I find that action as a pre-curser of the streets opinion of CORV's CEO Dr. Huber. Dr. Huber founded CIENA and currently holds about 50 patents in LIGHT-TECHNONLOGY,(OPTIC TRANSMISSION)

I originally found CORV when I read that CSCO tried very unsuccessfuly to buy them last year before they went public. The float is 30 mil which over 90% is now owned by institutions. No I do not own CORV at 80,60, 50, 30, I'm in at average 23. I willn not pump this stock up except to say this is very special. I would tell all that after lock-up ends and earnings are released you will wish you bought this stock in this area. I expect an announcement on earnings date or close to it 1/25. Lock-up is 1/24 and it may become a non-event if you look at the 144 filing!!

Like LPTH at 4 last year, CORV at 18-21 is the FUTURE TODAY in optical transmission!

Good luck all!! (p.s. research who owns the stock)
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