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


To: Seeker who wrote (3435)2/2/2001 11:58:18 AM
From: Seeker  Read Replies (1) | Respond to of 10485
 
For anyone position trading COVD:

It appears from 1 min chart, we have no momentum but we still don't have alot of volume here.

"Smart" money appears to be holding for something. Either value or takeover. With all this consolidation that is taking place in everything and everywhere it would appear the takover odds here are better than 50/50.

Remember JMHO and I'am pretty new at this.

S