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


To: FJB who wrote (826)5/4/2001 7:53:24 PM
From: Robert T. Quasius  Respond to of 2772
 
Careful now, he's very touchy...



To: FJB who wrote (826)5/7/2001 1:41:18 PM
From: SouthFloridaGuy  Read Replies (2) | Respond to of 2772
 
Nope, I don't get it. My resume is a shame, I have no knowledge of anything in finance. Today VLO bought UDS for almost $4 billion, or 125% of CORV's current valuation. Friday, UDS was trading at the following:

Market Capitalization $2.91B
Annual Dividend (indicated) $1.10
Dividend Yield 2.68%

Sales (ttm) $17.6B
EBITDA (ttm*) $1.07B

Return on Assets (ttm) 9.40%
Return on Equity (ttm) 30.62

CORV might never see figures like this, yet on Friday it traded at a valuation higher than UDS - a well known established company. In fact, JNPR doesn't see numbers like this and has a market cap of $19 billion.

Still a long way to go down for these overvalued tech stocks - long, long, long way.

Stocks are companies, not gambling devices, and as companies their valuations should be based on earnings and cash flow, not hope and glory.



To: FJB who wrote (826)6/19/2001 11:16:26 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 2772
 
To:NewYorkCityBoy who wrote (823)
From: Robert Grutza Friday, May 4, 2001 7:47 PM
View Replies (2) | Respond to of 967

Hi BOY, Your knowledge really shined through on this post. <VBG> You don't have a clue, do you?

Hey dude, I still don't have a clue. I think the next bet is when CORV will file for bankruptcy.



To: FJB who wrote (826)4/26/2002 1:51:10 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 2772
 
Hi BOY, Your knowledge really shined through on this post. <VBG> You don't have a clue, do you?

Hi there! Still clueless, but a lot richer.