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Technology Stocks : Corvis (CORV) -- Ignore unavailable to you. Want to Upgrade?


To: Frank A. Coluccio who wrote (73)6/23/2000 12:58:00 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 325
 
Anyone worried that there will be 334 million shares outstanding?

Given a market cap similar to to ONIS of 10 billion that gives a share price of $29.

IPO price is in $13 range.



To: Frank A. Coluccio who wrote (73)6/23/2000 7:11:00 AM
From: James Fulop  Read Replies (1) | Respond to of 325
 
>>do you have a url for that mention?<<

Unless there is another Technology Review, this should be it...but I don't see Corvis mentioned here

"The Microphotonics Revolution"

>>Get ready for optical switching in the telecommunications network backbone, then an all-optical Internet, and finally optical integrated circuits. The amount of data we can get almost anywhere will skyrocket.<<

techreview.com



To: Frank A. Coluccio who wrote (73)6/23/2000 9:31:00 AM
From: Carolyn  Read Replies (1) | Respond to of 325
 
I see that the URL was posted.
However, I have the print version; a sidebar, entitled Dialing for Dollars, mentions the Big 5 plus Corvis. It says this:

"If one of the establoished heavy hitters in telecom fails to dominate this market, several startup wait in the wings. Among them is Columbia, Md.-based Corvis. Founded in 1997 by David Huber (who earlier started Ciena, a company that struck it rich pioneering DWDM), Corvis has raised $300 million from some of the top venture capital firms. By eliminating the slowdowns when optical signals are converted to electrons and back to photons and providing ultra-long optical transmission without electronic regeneration, Corvis just might be one of the winners in the race for the all-optical internet." - Neil Savage

A chart below that sidebar says this about Corvis:

Corvis

Recent Moves -- Testing its all-optical devices with Broadwing Communications
Strategy -- Leverage technology for ultra-long optical transmission and optical switching to provide an all-optical network.

Your input would be most appreciated.