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

To: mact who wrote (226)	8/21/2000 3:46:25 PM
From: Raymond Duray	Respond to of 325

Corvis Drives 4,000 Kilometers-Successful Completion of Broadwing Trial lightreading.com Today Corvis Corporation (Nasdaq: CORV) announced that Broadwing Inc. (NYSE: BRW), has successfully completed the first field trial of Corvis’ 10 Gbit/s dense wave division multiplexing product over a 4,000 km stretch of Broadwing’s nationwide network without electrical regeneration. Using Corvis’ OC192 product, Broadwing transmitted traffic at 10 Gbit/s on a 4,000-km section of its network that stretches from Phoenix to Fort Worth and back to Phoenix, without having to regenerate the optical signal. This is the longest terrestrial transmission distance demonstrated in the field to date without any electrical regeneration. Eliminating expensive optical to electric to optical regeneration will allow Broadwing to increase the performance and reliability of its network, while also reducing capital and operating costs, says the vendor. Corvis announced its 10 Gbit/s over ultra long distances some time ago. But in its previous field trial, only OC48 interfaces were tested, sparking rumors that its 10 Gbit/s developments were in trouble (see Corvis Completes First Field Trials ). Corvis may announce yet more impressive distances and speeds in the future as the company integrates technology it acquired from Algety Telecom SA (see Corvis Boosts IPO With Acquisition ). The completion of successful field trials helps validate its highly valued stock, which hit the roof when it first debuted on the Nasdaq a few weeks ago (see Avici and Corvis Make Stunning Debuts ). And if industry gurus like Wu-Fu Chen, who see ultra long haul DWDM as one of the hottest tickets in optical networking, are right, Corvis stock may continue to shoot up as more customers announce completion of trials (see Wu-Fu Chen: In It for the Long Haul ). --Marguerite Reardon, senior editor, Light Reading, lightreading.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ mact, CORV is down for the same reason SCMR RBAK AVCI and EXTR are down. Something about 'rotation', and carousel rides.... Best, Ray

To: mact who wrote (226)	8/21/2000 3:52:03 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 325

Hi mact, Maybe for the same reason bkhm, avci, scmr, rbak is down. Maybe the end of their quiet period? (Be prepared for lots of news this week from their underwriters to drive it back up!) JMHO, but I don't see how anything above 80 is a realistic price for CORV. Sure it is nice to see it up near or over 100, but when we have a pullback? When I compare it to other companies in the optical networking area, I wonder where it will bottom if we have another April or May. JMHO, Merry