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


To: Bill McCullen who wrote (12)1/22/1999 4:22:00 PM
From: Leroyt  Respond to of 10485
 
Put in a little today to check on the RIDE on a stock like this. Normal valuations don't mean much. Bought at 41.5 (though I should have waited for the dip). I'll report back next week.

What the heck! Just trying to ride the internet craze!

later, leroyt



To: Bill McCullen who wrote (12)1/23/1999 11:10:00 AM
From: John Curtis  Read Replies (1) | Respond to of 10485
 
And speaking of 'ol MFS(sumthing of which I know) and their former troops, heh, I've found a lot of them have gone on to the likes of Qwest, Level III, etc.. Over-all those same 'ol MFS folks have gone from success to success, so need I say I found this URL interesting as it relates to COVD?

news.com

Regards!

John~



To: Bill McCullen who wrote (12)1/25/1999 12:33:00 PM
From: bucky89  Read Replies (1) | Respond to of 10485
 
At 50+, the valuation looks quite questionable IMO. $2B+ valuation for a company with lots of competition. In addition to all of the RBOCs, there's Rhythms, Northpoint, and DSL Network, as well as a few others.

On the other hand, COVD is probably another one of those Amazon.com stocks now.

bucky89