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

To: Bald Eagle who wrote (2533)	11/28/2000 6:39:20 PM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 10485

not in my trading account but my IRA is littered with a whole bunch of stocks that are in the low single digit (others include AIRN, TNSI, ... too many to list)

To: Bald Eagle who wrote (2533)	11/28/2000 8:35:27 PM
From: Epics	Respond to of 10485

Remember that all growth funds that own this stock, owned it early in the year. At this juncture, people are bailing out of these funds left and right, any buying will hit resistence. However, there are value funds that will pick up where the growth funds leave off. Consolidation is inevitable, and the FCC cutting fees will be an earnings catalyst. This is a 2 quarter job at minimum, but with patience these stock will take off again, although you wont see 66 again. However, a 20 spot is not extraordinary 12 months out.