CORV ==> comments from RealMoney.com and TheStreet.com
Fallen Telecom Stars Can't Muster Much Shine [10/22/01]
thestreet.com
These days, companies like CORV, SCMR and AVCI have viable products and great technologies, but no demand. All three companies developed cutting-edge telecommunications technologies focusing on the core of the network -- exactly the place where no money is being spent. Once cherished by investors, these fallen stars are having a tough time trying to shine because no one is buying their products. Let's take 'em one by one.
CORV has the best long-haul platform, which carries voice and data information over long distances, but it came late to the party. By the time its long-haul platform was ready, next-generation long-haul carriers like LVLT, GX, and Qwest had pretty much completed their buildouts and/or had committed to other platforms. And Corvis' platform is just that: a platform. It's not like the overbuilders can buy a single switch here or there to throw into their networks. They're either going to buy the Corvis platform or they're not. Because different platforms can factor into the entire design of the network -- and these carriers had plowed their not-so-hard-earned billions into Ciena's, Nortel's and Sycamore's long-haul platforms -- just about everyone but Broadwing chose the latter.
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The Hurtin' Thirty: Part 5 [8/24/01]
thestreet.com
Corvis: Long-haul fiber-optic plays were the rage a year ago, now, I mean, hello, they grow on trees. Worse, they fall from trees like dead leaves come the fall. Maybe someone will buy Corvis one day but I bet it's for less than it sells for.
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Nasty Shakeout Awaits Once-Hot Networkers [10/15/01]
thestreet.com
Winner: JNPR
Survivors: CIEN, TLAB, AFCI, EXTR, SONS & ONIS
Losers: SCMR, FDRY, RBAK & CORV |
