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


To: If only I'd held who wrote (190)7/29/2000 11:24:58 AM
From: Ice Cube  Read Replies (1) | Respond to of 325
 
Yes it is only your opinion because it is obvious you don't have a clue as to what the company does or the market for the product.



To: If only I'd held who wrote (190)7/29/2000 10:58:21 PM
From: Bald Man from Mars  Respond to of 325
 
From Reuters ---

Corvis Corp. (NasdaqNM:CORV - news) also rode the fiber-optic mania
that has swept the
new-issues market of late, surging more than 135 percent to close at
84-23/32 -- dramatically
above its $36 per share offering price. The fiber-optic equipment provider
said in a filing with the
Securities & Exchange Commission that is has ``not recognised
meaningful revenue'' yet.

``Some executives in the optical networking equipment business say this is
no different than the
power that semiconductor companies brought to the technology world --
this stuff could be
revolutionary,'' said Kenan Pollack, money editor at Hoover's Online. ``If
you were to go back 20
years and buy Intel for few billion dollars you might think it was
expensive, but carrying it forward
20 years that would have been a very good investment.''

Dude, picked up 400 shares on Friday, and plan to hold it for 20 years, and please don't tell me that my 34K investment is going down the toilet ...
<ggg>



To: If only I'd held who wrote (190)7/30/2000 12:38:29 AM
From: Danny  Respond to of 325
 
<<or that they have NO revenue>>

Well, maybe you have not read their prospect yet. In the
next 2 years, they have lined up 500M revenue from the
agreement with three telecom carriers, subject to
the success of the current trial system.