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Technology Stocks : Covad Communications - COVD -- Ignore unavailable to you. Want to Upgrade?


To: rjk01 who wrote (10446)5/6/2007 11:20:05 PM
From: Andre Williamson  Read Replies (1) | Respond to of 10485
 
Looks to me like no one much is selling either - except for panicky retail investors.

Hey, when we hit $2+ a year ago I was the one asking whether we weren't getting ahead of ourselves and did people have any kind of lightening/exit plan. Wasn't particularly popular for saying that.

IMO there's no cause for fear here, the company is treading water, not bleeding out. Is CH the man for the job? I could certainly conceive of someone doing better, but is Covad going to be able to identify and hire that person? Given recent performance, I think management is overpaid, but I think people are dreaming if they think they can replace the current team with a better one at a lower price.

Andre