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 (9799)	11/17/2005 10:26:17 AM
From: fishing4thebigone	Read Replies (1) of 10485

Its too late. We are firmly established in a death spiral now and there is little hope. Not much can be done to save this company short of a some angel bailing us out. IMO BK within 9 months despite CF+. How can this be you ask? We are in for more tax selling and lower pps that will further lower market cap and cause others to sell. The selling with beget more selling further lowering the market cap and putting pressure on debtholders to short and hedge their losses. CH let this get away from him and never really tried to manage the pps. The BOD is at blame here. The insider's buying is laughable and they just trying to cover their own butt and keep their job.

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