sporkme
drop the crantini and move it, sister
Premium,MVM
join:2000-07-01
Morristown, NJ
 ·Optimum Online
| reply to TKJunkMail
Re: Stock drop MAY indicate doubts about ROI on investment
said by TKJunkMail  :» finance.yahoo.com/q?s=DVWCovad's stock has been dipping in late afternoon trading. The tech sector today dropped about 2%, so the Covad stock drop may not mean much. On the other hand it might mean that Wall St doubts that Covad's investment in the faster technology will have a good ROI. What Covad does in the next few days may tell more about the reaction to the announcement. Wall Street probably realizes the following:
-Covad is (mis)managed, they are truly full of morons and have no real vision for the future. Briefly after their bankruptcy they got rid of a good portion of mid-level do-nothing management and things actually better (than before the bankruptcy or now).
-Covad is just pretending that they will somehow have perpetual access to copper.
-Even after erasing a pile of debt in their bankruptcy they still just burn cash like crazy.
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Alpine
Premium
join:2000-01-11
Atlanta, GA
| said by sporkme :Wall Street probably realizes the following: -Covad is just pretending that they will somehow have perpetual access to copper. Why wouldn't they?
Good for Covad. I honestly don't know much about their network or management, but it seems like they're trying to do this the right way - differentiated services that the incumbents don't generally offer and a network of their own (at least more than most CLEC-types.)
Adam |
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TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
 ·Sprint Mobile Broa..
·Comcast
| said by Alpine :said by sporkme :Wall Street probably realizes the following: -Covad is just pretending that they will somehow have perpetual access to copper. Why wouldn't they? Because in Verizon areas, for example, when Fios is installed they often snip the copper connectors to a house.
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Alpine
Premium
join:2000-01-11
Atlanta, GA
| Ok. Wasn't sure if he was referring to something physical like that or just implying that the Bells would cut off the CLECs after the UNE rules were relaxed (which hasn't and won't happen.)
I'd imagine that Covad would plan for that situation. Everyone realizes, I think, that "eventually" fiber will be the way to go. For the vast majority of the country, however, that's years down the road.
Adam |
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sporkme
drop the crantini and move it, sister
Premium,MVM
join:2000-07-01
Morristown, NJ
·Optimum Online
| said by Alpine :Ok. Wasn't sure if he was referring to something physical like that or just implying that the Bells would cut off the CLECs after the UNE rules were relaxed (which hasn't and won't happen.) It will happen when VZ rolls out fiber and when ATT is feeding everyone from RTs.
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Day dreaming days in a daydream nation |
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kamm
join:2001-02-14
Brooklyn, NY
·T-Mobile US
| reply to TKJunkMail
said by TKJunkMail :said by Alpine :said by sporkme :Wall Street probably realizes the following: -Covad is just pretending that they will somehow have perpetual access to copper. Why wouldn't they? Because in Verizon areas, for example, when Fios is installed they often snip the copper connectors to a house. Right and then VZ has to put it back when I will ask for it. |
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