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Technology Stocks : Covad Communications - COVD

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From: fishing4thebigone10/27/2005 4:23:02 PM
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Say it...I was right all along.

I just listened to that CC and what a bunch of bunk. Nothing but more empty promises. How much you wanna bet their CF+ 06 promise gets delayed for some reason?

Vic actually asked some painful questions that IMO went unanswered. 15 months and where is the growth you promised? The fellow that answered that with some lame packaging and software answer should be let go right away. Nothing but lame excuses. The need to start firing execs over there.

They WASTED that windfall of cash they got last year and I bet this co will be BK before CF+.
The "balance sheet" is not as strong as they lead you to believe.

Expect it to fall below .50 by new years on tax selling pressure. Buy it on Jan 2 for a dead cat bounce and sell right after it rebounds.

Can't blame this on naked shorting now can you? This is all MANAGEMENTS FAULT. NO EXECUTION ON ANYTHING.
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