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Technology Stocks : Corvis Corporation (CORV)

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To: im a survivor who wrote (1819)11/13/2003 11:58:11 AM
From: The Ox  Read Replies (3) of 2772
 
It's not obvious that this stock should be trading anywhere above $1.50. The company has to show that it's not hemorrhaging cash every quarter before they get even the slightest respect. I totally disagree with the view that this stock is headed to the teens. Not the way they've been operating in the past, no way. Now, IF--and it's a huge if imo--they can show even the first sign of fiscal responsibility and, for the very first time, come through on their many promises to stop the bleeding, then (and only then) is there a reason to be optimistic about CORV's future. Anyone following this stock through the years knows that this company is "full of promise" and very short on delivery. Until they deliver, the stock deserves it's current price.

At least that's my view!

mh
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