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Technology Stocks : Corvis Corporation (CORV)
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To: Jeff Jordan who wrote (1537)5/29/2002 3:03:03 PM
From: Robert T. Quasius  Read Replies (1) of 2772
 
I bailed out yesterday. Not that I don't believe in the future prospects of CORV, but rather a feeling that this is "dead money" for a year or two. Also, I get nervous when I see an out of favor stock slipping towards $1 per share. If we slip below $1, the listing is in danger, and a lot of institutional investors will dump the shares, accelerating the slide.

I'll look to pick up CORV in the 50 cent range, then put it away in the desk drawer for a couple of years.
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