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Strategies & Market Trends : Sharck Soup
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To: GREENLAW4-7 who wrote (10277)2/27/2001 12:30:32 PM
From: Wes Stevens  Read Replies (2) of 37746
 
There are two problems with CSCO buying CORV. The first is that CSCO's currency has had a large devaluation lately. The second is that Huber will still want too much for the company - at least a double from it's current price. I just don't think CSCO will do the deal under the current conditions. It would hurt their stock and they cannot afford that.

CORV does seem to have found a base here and I think it's downside is limited. If one of their clients puts their switch into production it will pop big time.
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