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

To: SouthFloridaGuy who wrote (835)	5/7/2001 2:22:08 PM
From: The Ox	Read Replies (1) \| Respond to of 2772

Let's say a company wants to build an optical network. By using the CORV longhaul solution, the company is able to save up to 80% off of the cost of building the network infrastructure by limiting the number of electrical regeneration points needed to transmit the optical signals. The older optical networks required regeneration points every 500Km and the CORV solution allows for 3000Km before signal regeneration. Optical networks are just getting started. Bandwidth demands going forward are still increasing and most analysis points to substantial % increases in optical bandwidth over the next few years ( somewhere around 30% per year or more ). You insist that CORV is over-valued based on current/past financials while those who disagree with you are trying to point out that the future is more important to this company's valuation process. Since these are fundamentally different points of view, we will never get you to agree that the future is being priced into the stock. You can bring up companies from other sectors, with completely different fundamentals and valuation methods to justify why CORV is such an overpriced, bloated stock. Last week it was a donut company. This week it's an oil refiner. Anything to take the eyes off the ball.....

To: SouthFloridaGuy who wrote (835)	5/7/2001 2:31:25 PM
From: im a survivor	Respond to of 2772

<<Stocks are companies, not gambling devices, and as companies their valuations should be based on earnings and cash flow, not hope and glory. >> You can talk about what valuation should be all day long, but bottom line is the valuation is whatever it is worth today. And six months ago, it is worth whatever it was worth then.....and six months from now it will be valued at whatever it is at that point in time. We can all talk about shoulds and would's, but bottom line is a company is worth whatever the going price is for it on that particular day. You can compare apples to apples or apples to oranges all day long....it doesnt mean squat. Now, if you are of the belief that corv will be worth less then todays valuation tomorrow or the next day, then I suggest short it. One thing this market has taught everyone I would hope, is there is no clear cut was to determine market value, other then what a person is willing to pay for the stock on a particular day. If you think it will be higher, then go long...if you think lower, then go short. Seems pretty simple to me.