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

To: Rande Is who wrote (48485)	3/6/2001 11:14:46 AM
From: baddtiming	Respond to of 57584

I don't know the truth but the stock is cheap here and may be presenting a buying op...lots of institutional interest.

To: Rande Is who wrote (48485)	3/6/2001 11:24:42 AM
From: ALTERN8	Read Replies (1) \| Respond to of 57584

CORV is not a good buy here IMO, if the market turns south, CORV could have a -20% day today.

To: Rande Is who wrote (48485)	3/6/2001 11:48:01 AM
From: Joe Lyddon	Respond to of 57584

Orders can be cancelled. News is about a month old. . . Look what happened to ORCL in a week. Sounds like a real 'positive' but it may take longer to go up than meets the eye. That's my very first impression. . . I have not studied it; just read the news. BTW, GX had a very interesting TEST with HDTV from the USA to Japan using their fiber network. . . . . . it was proved to be faster than the satelites (which wasn't hard to do, in my view. . . One way direct has to be faster than going to a sat. & getting repeated) JMO Joe

To: Rande Is who wrote (48485)	3/6/2001 12:12:14 PM
From: maverick61	Read Replies (2) \| Respond to of 57584

Rande - on CORV - unfortuantely from a technical standpoint I can't address many of the questions you raise. Its possible its hype on all-optical switches was just a bunch of smoke and mirrors - then again, its possible it may turn out to be proven - as the brains behind CORV are indeed real and have a past history at CIEN. I think only time will tell if they were pure hypesters - or the real deal. That all said, what I do know is that the stock has sold off to pretty attractive levels. bigcharts.com Now remember - CORV IPO'd back in August when the Po'Boys were away and the mice were playing - so it soared to the $100+ level. At the same time, remember that big players did line up to pay $36 a share for the IPO. Now of course, many of those big players could have flipped those shares for a nice profit - but then again, if there wasn't interest, the price range wouldn't have gone from $13-$15 for 27.5M shares to $27 - $30 for 31.6M shares before finally pricing at $36 alert-ipo.com At this point, CORV is trading at about 22% of that $36 IPO price - and is even far under the initial proposed IPO price of $13-$15 Now we know the games underwriters played with many stocks during the heady NAZ days - but CORV was near the tail end - so who knows what the real valuation should have been. i for one never bought into the hype previously, and have never owned CORV. However, today, after watching it trade (really the only red stock on my screen), after seeing it on the top 20 most active list, and seeing big block go off around $8 - I decided to buy in (I am in at an average of $8). Its a speculative buy for me based on price and perceived value alone. its not a bet on its technology. But at this level I think its worth a risk. (note - I won't go down with the ship on it - but I will gamble a bit that at this level the risk/reward tilts more to the reward side)

To: Rande Is who wrote (48485)	3/6/2001 1:48:32 PM
From: Keith Monahan	Respond to of 57584

The issue with Corvis is that everyone is waiting for a significant new customer announcement. Their current customers are all pre-IPO and have equity stakes in the company. A new customer announcement would be viewed as validation of their technology, which most people know little about, due to the secrecy of Dr. Huber.

To: Rande Is who wrote (48485)	3/6/2001 5:10:30 PM
From: If only I'd held	Read Replies (4) \| Respond to of 57584

Interesting topic (CORV). I myself find it hard to beleive that it is all hype. In fact, why would CSCO buy into the company if they didn't have anything? I mean, you would think they would not only know better, but that they would have blown the whistle on the company already. Or the others for that matter? I think the stock is being cycled. Opened high, got pounded, liquidates all weak hands and uninformed investors, then off to the races as orders begin to materialize. Haven't they all pretty much done this? RMBS, CIEN, etc.. I also beleive that CORV is making investments of their own. On the other hand, it does seem odd that the company hasn't been bought out at these levels. Great time to snatch them up if CSCO wanted to have them. CORV's market cap is now pocket change to CSCO...and a lot of other companies for that matter. Disclosure, I am building a position in the stock a little at a time myself. (No margin of course...not yet) Can't wait till I can turn my back on it. I hope to make it one of only a few trades I make this year. I realize it could go lower. I view it as a 1-10,000% candidate...worthy of my investment dollars. If I had shorted it like I told everyone else to do, I would be using free money on the investment right now. Guess I have to use my ARBA money...hehe. Hope you have been fairing well these past few months.