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

To: King of Hearts who wrote (1302)	2/6/2002 2:18:06 PM
From: jimad	Respond to of 2772

Here is a summary of institutional holdings of corv from www.nasdaq.com Holdings Summary Description Institutional Total Number of Holders 155 Total Shares Held 71,176,122 % of Shares Outstanding 19.66% Total Value of Holdings $129,540,542 Number of Buys 59 Number of Shares Bought 22,836,870 Number of Sells 69 Number of Shares Sold 14,216,817 Number with Activity 128 Net Activity 8,620,053 Total Activity 37,053,687 Number of New Buyers 22 Number of Shares Newly Acquired 6,330,725 Number of Closed Out Positions 36 Number of Shares Closed Out 7,164,945 Insider (Form 4) Last 3 Mo. Last 12 Mo. Last 3 Mo. Last 12 Mo. Total Number of Insider Trades 0 21 Total Shares Traded 0 7,705,412 Number of Buys 0 3 Number of Shares Bought 0 108,000 Number of Sells 0 18 Number of Shares Sold 0 7,597,412 Net Activity 0 (7,489,412) Form 144 Filer Last 3 Mo. Last 12 Mo. Last 3 Mo. Last 12 Mo. Total Number of Filings 58 495 Total Proposed Sales (Shares) 10,149,728 65,927,149 Yes there is more sales than purchases, however, the big munchkins hold almost 20 % of stock. www.thomson.com tracked almost 50 % of trades were by Instituional and/or retail by volume. I think we will go to $1 / share. If you are willing to take more risk since this is a SPECULATIVE stock, then I think with a time horizon of 3-5 years one will be rewarded with share appreciation and taxes to be paid. however, this being JMO, I could also lose my money. This stock and the sector is not for the fainthearted. Indeed, cien stated their revenue will go down. I wonder what corv will annouce tomorrow. Maybe, the manipulators of Wall street have been pushing corv down to flesh out the small investor and buy and hold. I don't know, however, I will wait and see. good luck to all. jimad