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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (5361)9/28/2000 1:24:38 PM
From: Larry S.  Read Replies (1) | Respond to of 11568
 
CORV - recent IPO in fiber optic sector: siliconinvestor.com stock has lower highs and now lower lows with the break of 67. IPOs are difficult to read trends. while i like the fiber optic sector a lot, i would pass on this stock. Think the downside risk is likely to accelerate. this is a very small company with small float and not established biz. From Yahoo's profile: "For the six months ended 7/1/00, the Company reported no revenues. Net loss totaled $127.6 million, up from $25.5 million." it may well turn and run, but the chart says out and high risk. jmho, sue larry