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Technology Stocks : Covad Communications - COVD

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To: rjk01 who wrote (10356)11/14/2006 7:22:21 AM
From: Andre Williamson  Read Replies (2) of 10485
 
Andre, but did you think we would be at the 1 level?

Honestly I didn't have any set expectations. We've been sub $1 recently (a year ago) so I certainly am not surprised we're there again.

Having said that, I did add a lot more around the $1.50 level, simply because I didn't want to miss the next runup - which I am fairly confident will happen at some point. Would I have been better off waiting and buying now instead...of course! But hindsight is 20/20, and the stock could very well have run up to $2+ again (and still can and IMO likely will within the next couple of years sometime).

I can wait.

Andre
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