Covad Communications - COVD Message Board

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Technology Stocks : Covad Communications - COVD

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To: rjk01 who wrote (10312)	8/4/2006 3:47:45 PM
From: Andre Williamson	Read Replies (2) of 10485

Haha, well my 2c (which is about what they're worth) haven't changed...the company is solid, treading water, slow growth, better diversified, will make some money eventually, but this isn't a 10 bagger like many would like. They're the poster-child for competition, allowed table scraps at the RBOC table. The most important thing here IMO is that the stock is light-years more volatile than the underlying business. Which means that the most money to be made is by buying low and selling after a decent gain. Holding everything (or worse, adding) in the expectation that it will go higher is greedy and foolish. I unloaded 3/4 during the latest run, and unfortunately added a bit too soon in the $1.60-$1.80 range. No worries, the company isn't going downward anytime soon so the stock will be back up well past that at some point within a year, I'd guess. Who knows, maybe within 6 months. No point in trying to time these things. Andre

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