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Technology Stocks : Corvis Corporation (CORV) -- Ignore unavailable to you. Want to Upgrade?

To: GREENLAW4-7 who wrote (365)	3/7/2001 8:46:03 AM
From: Tom Hua	Read Replies (1) \| Respond to of 2772

greenlaw, as much as I love to see CORV go up, I sincerely hope for it to take a dip into 7s and 6s so we can scoop up more shares at wholesale. It won't ever see single digits again once it hits double digits. Many funds are restricted from buying stocks under 10. Regards, Tom

To: GREENLAW4-7 who wrote (365)	3/7/2001 11:01:19 AM
From: gamesmistress	Read Replies (1) \| Respond to of 2772

Only those able to tolerate high risk would buy CORV now, because: 1) It's been sold off for months, and no base has formed. None. That's scary. Also, CORV has a very short trading history and it's impossible to tell from the chart what it's "true value" should be. 2) With the drop in the Naz all the old valuations are out the window. Things need to stabilize a bit more before new valuations are accepted. 3) Fears of recession, canceled orders....people are afraid things could get worse before they get better, no matter how "high growth" a company is. High growth doesn't matter if your customers are overextended and can't pay. I also think CORV is a good bet here, at least for a nibble, because things could turn around pretty fast. The demand is there, it's a question of paying for the goods right now.