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.

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

To: KaiserSosze who wrote (730)	4/27/2001 9:50:20 AM
From: The Ox	Respond to of 2772

Why announce new customers now? For a short term pop that will be sold off by the end of the quarter? The sector fundies are terrible and I doubt any short term momentum can be sustained against the backdrop of doom and gloom being projected by the other players in the industry. I wouldn't be surprised if mgmt holds onto new customer information as long as possible, especially if these customers haven't taken delivery of product or are planning on buying later in the year. Too many pushouts and cancellations are happening. Just think of how the stock will react if a new customer is announced and then fails to make major purchases down the road? The street is so negative right now that I doubt even good news can be rewarded. Might as well wait, IMO.