SI
SI
discoversearch

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.
Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: Venkie who wrote (5086)12/13/2001 3:39:32 PM
From: stockman_scott  Respond to of 13815
 
13:14 ET Covad Comms (COVD.OB) 1.39 +0.64 (+85.3%): Experiences a surge in price on news that a bankruptcy court approved co's reorganization plan. The plan completes the pre-negotiated bondholder agreement that eliminates $1.4 bln of high-yield and convertible bondholder debt for approx. $257 mln, or $0.19 on the dollar. According to Covad, shareholders will retain approx. 80% of the company. "We believe we are the first of the emerging telecommunications companies to exit successfully from bankruptcy with existing shareholders maintaining a majority interest."



To: Venkie who wrote (5086)12/13/2001 3:39:37 PM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
<<I am ready to buy some stks...let it bleed.
>>

Here are a few of my orders....

1000 jdsu $5.00
1000 ATML $5.00
1000 FDRY $5.00
500 OPWV $8.50
500 EXTR $11.50
500 EXTR $8.00
5000 CORV $2.00
500 NTAP $15.50
500 NTAP $10.25

25 KHEAB 04 atml $10 Leaps -- $1.50
25 KAJAB 04 jdsu $10 Leaps -- 2.50
15 KHFAC 04 Ntap $15 Leaps -- 5.00

and a few more......thats just off the top of my head...maybe some hit, maybe some dont....also have some orders to sell some puts...I'll take the premium upfront, and gladlt take the shares if they are put to me....only thing I have orders on are for beat up, low priced techs I think are near or close to a bottom........wonder how much more correcting ole nazzy is going to do........also looking for some EMC possibly, JNPR, RFMD...but the need to come lower......



To: Venkie who wrote (5086)12/13/2001 5:23:00 PM
From: Sig  Respond to of 13815
 
FWIW
I once followed stock splits. Now Kkd and Ally have both recovered from their post-split dips, Gnss has never split
but I would expect it to soon. Igt is another potential split.
I would thus not sell these stocks unless there is a good reason too. Would like more Gnss
Sig.