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To: Tom Hua who wrote (8325)	4/12/2001 3:01:33 PM
From: Art M	Read Replies (1) \| Respond to of 19633

14:55 ET Corvis (CORV) 8.17 +1.42 (+21%): -- Update -- CIBC analyst believes that there will be upside to Corvis numbers when the company reports on Apr 26; says BRW and WCG have been strong and Qwest (Q) has been surprisingly better than expected; CIBC had included Qwest in its Q3 estimates but believes some Qwest orders may be seen in the June qtr. Art

To: Tom Hua who wrote (8325)	4/12/2001 3:05:20 PM
From: Jay Hardy	Read Replies (1) \| Respond to of 19633

SS GSPN @ 23. COVD saved from Chapter 11 . SANTA CLARA, Calif.--(BUSINESS WIRE)--April 12, 2001--Verizon's operating subsidiaries in New York and Massachusetts recently eliminated the rate structure that tripled collocation power rates charged to Covad Communications (Nasdaq:COVD - news) and other competitive local exchange companies. The re-structured power rates start immediately and are expected to save Covad, the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, millions of dollars in power charges. In New York state alone, Covad could save as much as $2.9 million annually. Have a great Easter Extended Weekend Everyone.