Covad Communications - COVD Message Board

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Technology Stocks : Covad Communications - COVD

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To: Jaknik2 who wrote (10444)	5/6/2007 1:07:16 PM
From: rjk01	of 10485

The old excuse was that they were banged by regulators, lobbyist of the big telo... constantly forced to reinvent the wheel. C kept promising growth and next year was the promised land. But next year was years ago, matter of fact next year seem to be worse as times goes. Growth promises never materialized cash is down, losses are bigger and pps is under 1 as it was years ago during BK days. The few that covered covd got burned so did funds who then pulled their money out. The CEO and the board are paid well (few millions in performance bonus ironically) the good people (D) moved to a better place. One will be hard press to say anything good about the past, present or near future. There you have it in nutshell.

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