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


To: im a survivor who wrote (1328)2/8/2002 8:49:50 PM
From: GraceZ  Read Replies (3) | Respond to of 2772
 
I just got around to reading CORV's income statement.

Let me start out by saying that when a company's revenues are a third of what they were a year ago while their cost of sales rises by 4.4 times AND that dismal result is BEFORE they take a restructuring and related expenses write off that is four times the year ago revenues and almost 12 times the current revenues you don't quibble about why its stock price is depressed or how much cash they have or how great is their technology !?

You simply sell the dog for whatever peanuts you can get for it and then you avoid it like a corpse.