Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: KaiserSosze who wrote (7584)	3/24/2001 12:19:44 PM
From: Jack Hartmann	Respond to of 19633

I check the CORV block trades during the last 30 minutes only one 10K sell at bid so that wasn't it. The AVCI news maybe drove CORV down in sympathy. Avici Systems (AVCI) Down 6.49% Enron Broadband announced today plan to reduce 2001 capital expenditures from an expected $750 mln to $250 mln or less. According to Merrill Lynch, company has been surprised by the availability of leased bandwidth. Enron is one of the three customers that generate 10% or more of Avici's business. Enron, Qwest, and AT&T made up over 90% of the company's revenue last qtr. From briefing.com Jack

To: KaiserSosze who wrote (7584)	3/27/2001 8:18:30 AM
From: Tom Hua	Read Replies (1) \| Respond to of 19633

Kaiser, Briefing.com picked up on the Lightreading article last night. This should keep CORV from sliding and when the announcement comes, it'll probably enjoy a nice jump. 12:05AM Corvis (CORV) 8 1/32: Optical networking site Light Reading reporting that sources close to CORV have confirmed that the company will announce "at least two" new customers as early as the next few weeks. Corvis currently has only three customers (WCG, Q, BRW), all of which own stock in the company, making additional customer wins key. Regards, Tom