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Technology Stocks : Covad Communications - COVD

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To: Captain James T. Kirk who wrote (4085)5/1/2001 7:18:22 PM
From: Bald Eagle  Read Replies (1) of 10485
 
DSLN is down in after hours. Doesn't bode well for COVD tomorrow. Still I'm so beat up already in COVD, a few more blows won't make much difference.
Can these bondholders' demands actually do anything harmful to COVD? Do these guys really want to run this company into the ground just so they don't have to cover a short position?
Surely paying a dollar isn't too much? Unless these guys are operators of a rival company, but I'm getting into conspiracy theory territory when I say that, so I'll leave that to others with a bigger stake than me in COVD. Mine is (or was) a substantial part of my portfolio, but I'm not in the hundreds of millions league.
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