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

To: The Ox who wrote (1295)	1/30/2002 11:47:25 PM
From: Daniel Simon	Respond to of 2772

mh, Thanks, so you are saying that at the end of 2002 they should still have $1.25/sh in cash. I was using most recent quarter cash & share data which is obviously from before todays announcement.

To: The Ox who wrote (1295)	1/31/2002 8:34:50 AM
From: minorejoy2000	Read Replies (1) \| Respond to of 2772

From US Bancorp... Conrad W. Leifur, CFA, Senior Research Analyst Corvis Corporation (CORV – $2.18 - #) Rating: Market Perform; Volatility: High Curious Sense Of Timing Key Points: Corvis announces acquisition of Dorsal Networks, a start-up developing turnkey undersea optical network solutions, for $90 million in stock. Deal expected to close in Q2 02 No revenue contribution expected until 2003; shares issued will dilute current shareholders 11% Despite significant longer term opportunity, timing of acquisition seems curious in light of undersea capacity glut and immaturity of Dorsal’s solution.