Corvis Corporation (CORV) Message Board

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Technology Stocks : Corvis Corporation (CORV)

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To: SemiBull who wrote (1584)	10/25/2002 10:00:43 AM
From: im a survivor	Read Replies (2) of 2772

<<The purchases will be executed at times and prices considered appropriate by the company during the next two years. The share repurchase program may be implemented at such future date as Corvis may determine and may be suspended at any time and from time-to-time without prior notice. >> Thats a cop out...two years?? and they say they could bail at any time....so basically, they wanted to spin some good news, but leave doors open to do nothing...in 2 years, corv will be dead and buried, much higher, or bought by a big boy....company wants to put a positive spin on things, but at same time didnt actually want to comitt to anything.....and how many customers do they have??? Great technology....but you gotta sell stuff to make money...who is CORV selling to, and what are the chances they will suddenly start landing new contracts left and right?? Personally, I think they get bought....technology is worth something, even with a small customer base.....

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