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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: StoxRider who wrote (18915)4/27/2001 7:17:13 AM
From: Sharck  Read Replies (1) | Respond to of 37746
 
Thanks for that post. I believe that many had anticipated CORVs CEO to make mention of more customers on board. That post suggests they have not found any firm companies down the pipeline and might explain the stocks trading behaviour AH. Of course any reversal in this situation from a big name could turn this around again. Will be worth watching....



To: StoxRider who wrote (18915)4/27/2001 7:25:26 AM
From: GREENLAW4-7  Read Replies (1) | Respond to of 37746
 
CORRECTION Dr. Huber stated new customers(plural) are still field testing CORVIS switch, and based on market conditions the sales cycle has been extended, still expects new customers in SECOND HALF of year.

I believe he did not mean the Fiscal year, but June-August.

The reward to risk ratio considering they are the only player in the space, is still very compelling to me. Near term if NASD gets sloppy......CORVIS will retest 6.38-7.25 area with no problem.

Rating: Long term BUY, near term accumulate