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Technology Stocks : Covad Communications - COVD

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To: Captain James T. Kirk who wrote (9833)12/2/2005 6:05:44 PM
From: John Erb  Read Replies (2) of 10485
 
Doesn't it worry you a bit that a rinky dink company like that has 5 BILLION shares authorized? What possible legitimate reason would there be for that many authorized shares? And why isn't there any financial information on them at all? There's no way to pin down any value for the PPS at all; it's just a line on a graph with greater and lesser fools moving it around.

>>>Message #9833 from Captain James T. Kirk at 11/30/2005 12:09:19 PM

My Stock Pick - High risk but possible High Return....

PLNI
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