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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: lightfoot who wrote (39826)	10/27/2000 1:32:48 PM
From: Trumptown	Read Replies (2) \| Respond to of 57584

<<But the retail traders are selling>> - that's the name of the game...get their shares cheap, and sell 'em back at 5x their buy... RTHM double bottoming on the 60min now, if it holds...up it goes. It could break down here, but I just don't see it as a penny stock... SR

To: lightfoot who wrote (39826)	10/27/2000 1:34:17 PM
From: Bud K	Respond to of 57584

COVD and RTHM..... Great point you bring up. I own both and believe in both. I plan to hold and give them a chance. My most recent 10 bagger was a third tier stock which I consider both of these. I would hesitate to make any decision on this type of investment in the current market atmosphere. Am I disappointed in the short term, you bet. I'll be able to grin or cringe on December 29, which is my target date to have proven I am wrong or right. Bud

To: lightfoot who wrote (39826)	10/27/2000 2:06:24 PM
From: BANCHEE	Read Replies (2) \| Respond to of 57584

lightfoot Agree with your post on covd and rthm.. "Which is exactly what the institutions want. Once again it is an example of retail investors being led like sheep by the analysts. From PR biz.yahoo.com "During the first quarter of this year, Rhythms raised $925 million in new financing. Cash, investments and restricted cash as of September 30, 2000 were $748 million. These monies along with additional vendor equipment financing are expected to finance Rhythms' operational needs through the end of 2001. ALSO Revenue for the third quarter increased 41 percent to $17.2 million as compared to 2000 second quarter revenue of $12.2 million. This is a significant increase over revenue of $3.3 million for the third quarter ended September 30, 1999. As of September 30, 2000, Rhythms had 47,000 digital subscriber lines (DSL) in service, representing a 51 percent increase over the 31,100 DSL lines in service at the end of the 2000 second quarter and a significant increase over the 6,700 DSL lines in service as of September 30, 1999. Rhythms' installed subscriber base for the 2000 third quarter would have been higher by approximately 2,000 lines had it not been for the Verizon work stoppage. COVD Covad CEO sees company breaking even in 24 months NEW YORK, Oct 18 (Reuters) - On a day when his company's stock has fallen by nearly 60 percent, Covad Communications Group Inc.'s (NasdaqNM:COVD - news) chief executive said the broadband services provider has no need to tap capital markets, bank debt or vendor lines until the first quarter of 2002, and should stop posting fiscal losses within 24 months. ``I can get to the first part of the first quarter of 2002 without accessing capital markets, vendor lines or bank debt,'' said Robert Knowling, Covad's chief executive, in a phone interview. ``We believe in the next 24 months, we'll have more than 1 million customers and should be able to break even.'' Question...Why the down grades now.. Price is below 3...and 6 Makes me laugh..... Banchee