SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Covad Communications - COVD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rjk01 who wrote (9742)11/3/2005 11:51:06 PM
From: Captain James T. Kirk  Read Replies (1) of 10485
 
So, AOL buys Covad, and becomes a nationwide provider of broadband and VoIP. It could happen??
You listening Chuck?
.80 is a total disgrace, and .70 would be at BK prices. From 1.50 to .80 in less than 6 months. Total distruction of share holder value. I can't imagine the board of directors is sitting back and enjoying this. A share price level that rivals the BK days?
All I can say is............WTF?
Luckily, I have not been heavily invested in Covad for many many months and it only equates to a very small fraction of my total portfolio now.
I bailed out of individual stock trading(mostly)a long time ago, and went long with a slow and steady approach of a mixed portfolio of mutuals and treasuries.
Covad stock is but a novelty, it will not make or break me either way, but it would be nice if we could at least double from here in 6 months.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext