Covad Communications - COVD Message Board

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Technology Stocks : Covad Communications - COVD

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To: Captain James T. Kirk who wrote (9719)	11/3/2005 10:50:47 PM
From: rjk01	Read Replies (1) of 10485

Cap you are already down on your entry "new low" 10-20% (way to go for a 40% jump), and I would not be so sure about never going down to .5-.6 again. You should have been patient...... after all those years you should have known better. 0.7 is my new entry (and even that might be jumping the gun). Our only hope for a price recovery is some big news (ala AOL). Chairman Dick Parsons, addressing ongoing speculation about the future of its America Online unit, confirmed that talks are underway with "a number of strategic partners." In a conference call with analysts, Parson said the AOL discussions "cover a range of potential strategic relationships and transactions" but said he does not yet know if the talks "will result in any transaction or what form any transaction would take."

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