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Technology Stocks : Covad Communications - COVD -- Ignore unavailable to you. Want to Upgrade?


To: margin_man who wrote (1237)9/20/2000 11:17:05 AM
From: BWAC  Read Replies (1) | Respond to of 10485
 
Trace it all right back to the convertibles. Dumb selling them into this market. Companies need to stop these crazy instruments.

Good news is the shorting against the converts will stop at some point. The convert holders win on the way down. Cover. Then win again as the stock recovers.



To: margin_man who wrote (1237)9/20/2000 11:27:32 AM
From: ronayre  Read Replies (1) | Respond to of 10485
 
I'm waiting too... last time I nailed down 13 3/8
on the fall.
Looking like support in this 14 area now....
More $ on the ask and good volume plus a positive $ flow
But I'm not bitting yet.........