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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (48481)3/6/2001 11:03:11 AM
From: Rande Is  Read Replies (6) of 57584
 
New topic: Is Corvis for real?

Or are they nothing but hype? They released new products this year and are said to be the frontrunner toward delivering all-optical switches for all-optical routers. . . something the industry will trip over themselves to buy. . .

Is this just another part of the hype that gave them a $31 billion dollar market cap their first week of trading? And is it headed for the pink sheets, so that the investment bankers that turned short over $100 per share can cover under a buck?

Or can they really compete and profit in the competitive fibre-optic industry? And has the stock been slammed to the single-digits [with a new market cap of $2.7 Billion, less than a tenth of the mkt cap at its IPO] to create new opportunities, once the investment banks start up HYPE machine up again and tell everyone how important their products are and how they will bring video-on-demand into every home?

Is this news true? biz.yahoo.com

Did this really happen?
biz.yahoo.com

I am anxious to hear all your thoughts.

Rande Is
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