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Technology Stocks : Corvis Corporation (CORV)

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To: neverenough who started this subject	3/14/2004 4:46:18 PM
From: David T. Groves	Read Replies (5) of 2772

Corvis - put it all together! Maybe you have seen all these, maybe you haven't! Since Corvis will be flying this week (maybe) it's time to put it all together! BACKGROUND: Corvis Takes Matters Into Its Own Hands nwfusion.com Corvis sees the light telecomtv.com Broadwing/Corvis union: Year One- read second page of article also. nwfusion.com Broadwing's new lease on life: corvis.com Broadwing expands with Corvis gear telephonyonline.com Mark Pugerude to Lead Broadwing VoIP Introduction biz.yahoo.com Broadwing Hires 25-Year Industry Veteran to Launch and Lead Government Services Initiative biz.yahoo.com Although the Needham Investors Conference in January showed some great insight in the direction Corvis is going, it has become unavialable from the link at the Corvis homepage. Some of the subsequent articles above, show how they are implementing it. Luckily, I saved some slides from the presentation that show nicely where we are headed. Managing Broadwing for Growth: Government, Cable, Media, Broadcasting acronet.net Metro Access Strategy: They lit up a loop in Florida and have 200 projects like that slated! acronet.net The Network: acronet.net Market Attack Plan: Large Enterprises acronet.net Market Attack Plan: Mid Enterprises acronet.net Summary: They expect to be BREAKEVEN in mid 2004. Mark Spagnolo, Broadwings CEO stated "if not sooner" and that breakeven will come from grooming the network and cost savings, it does NOT rely on new customers!. acronet.net This is a PDF (acrobat) presentation from last year on the corvis site. corvis.com Broadwing Announces Bandwidth on Reserve For Carriers and Large Enterprises corvis.com FOCAL BUYOUT: Corvis / Focal Comm - 4000 customers $320 million revs added biz.yahoo.com Gartner - Corvis/Broadwing to Build Enterprise Base With Focal Purchase www3.gartner.com Focal - THE MERGER - SEC filing sec.gov PARTNERS: Broadwing & Shaw Communications biz.yahoo.com Corvis/Covad Relationship biz.yahoo.com CUTOMERS: Broadwing expands into Canada: Shaw deal: "definitely not a transport swap" telephonyonline.com Retex Selects Broadwing for Unique Private Line Solution - Potential 2300 customers biz.yahoo.com Fortune 1000 Company Joins Broadwing Customer List biz.yahoo.com Illinois Tool Works Renews Contract biz.yahoo.com MY TA: My long term chart (each bar is a week) shows me that we are ready to go up (JMO). We dipped below the bottom line Friday, but immediately popped back over it and ended UP for the day. My take on this is that it was the last chance to cover the gap that we left open on the last up move, mission accomplished!! The chart is self explanitory, and even shows some numbers where we could be in the future! Again, this is just my opinion. acronet.net DAVE

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