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Technology Stocks : Corvis Corporation (CORV)
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To: Luce Wildebeest who wrote (2742)10/26/2004 4:05:01 PM
From: im a survivor  Read Replies (1) of 2772
 
it was expected.....buyers always come in as a stock nears that magical $5 level...it's really a matter of how many buyers will step up and how long they will hold. Enough buyers to prop it up and it could form a solid bottom above 5ish..not enough and it could be just a short blip before it continues down.

Still boils down to their upcoming numbers and guidance...I suspect they are either holding back on some good news to put out with their numbers and expect them to paint a rosey picture regardless of the current numbers....typical for a company like this....if DELL guides a little lower it is no reason to panic and may present a buying opp.....a company like bwng? If they dont come out saying all good things, it will tank like a rock..thats why you see true and solid companies giving true and realistic guidance and companies like this having to use tricks ( holding good news to release on earnings, to mute disappointment in earnings and etc...), and painting a rosey picture, regardless of actual and realistic outlook....Heck, just look at this companies history.....seems like they always lose money, make lousy deals, lousy decisions.... but dont they always paint a rosey picture about how bright the future looks.....yep, they sure do.....and for as long as they have been painting this rosey picture, what have we seen?....black clouds! Why would it change now.....
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