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Technology Stocks : Corvis (CORV)
CORV 0.4200.0%May 27 5:00 PM EST
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To: SemiBull who wrote (301)12/3/2002 10:27:56 AM
From: The Ox   of 325
 
My guess is that this one was lagging the sector and it was mostly getting played simply because the sector was smokin' hot. Combined with the Homeland Security measure passing and CORV's recent attempts at gaining a foothold in the new Federal buildout of it's broadband infrastructure, add in another mention by G.Gilder that using CORV products could help the majors save big money. Also, they finally came out and said they would be buying back stock, which, imo, is long overdue and the company should have been buying when the stock was trading at $0.50.
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