Watch for breakout of this symmetrical triangle.
Recent news starting to be a little more favorable.
http://stockcharts.com/def/servlet/SC.web?c=covd
Breakout
I bought in
[email protected]. This stock has steam.
Clearing 50/200MA, I think it could gap up big tomorrow.
yes. One of the reasons why I purchased the stock.
This is getting like texas hold em. The more I play the worse of a player I think I am. I was watching this stock and never got in, and now I am liking it even more, but have no clue where this can go from here. I guess this is just were experience comes in. And that Ido not have in this realm of the industy. A stock that goes to the AMEX. AOB did not shoot up when it changed over. What do you experienced guys think?
any help for a newbie ?
Symbol change to DVW
Listed on the AMEX now.
Let's see what is what now....
Listing on the AMEX...and still can't get it together......it's up
News out maybe that is a help to their cause...... 8)
Covad Signs Agreement to Acquire NextWeb to Accelerate Entry Into Wireless Broadband
Business Wire (Wed 6:00am)
• Market Pulse: Covad enters wireless broadband via $24.7M acquisition
MarketWatch (Wed 6:12am)
• Covad to acquire NextWeb for $23 mln
at Reuters (Wed 6:56am)
• Why WiMax Could Hit the Hotspot
BusinessWeek Online (Wed 8:26am)
News Link:
http://finance.yahoo.com/q/h?s=DVW
News out. Moving in the pre-market.
COVAD COMM GROUP INC (AMEX:DVW) Delayed quote data
Pre-Market (RT-ECN): 0.85 0.18 (26.87%)....Volume @......578,200
Last Trade: 0.67
Trade Time: Dec 27
Change: 0.00 (0.00%)
Prev Close: 0.67
Open: N/A
Bid: N/A
Ask: N/A
1y Target Est: 1.50
Day's Range: N/A - N/A
52wk Range: 0.65 - 2.33
Volume: 419,400
Avg Vol (3m): 955,475
Market Cap: 178.61M
P/E (ttm): N/A
EPS (ttm): -0.09
• Covad, Verizon Settle Disputes, Ink Pact
AP (Wed 8:56am)
• Indications: U.S. stock futures set up for opening bounce
at MarketWatch (Wed 8:32am)
• Before the Bell: Celgene, Albertson's, Verizon in the spotlight
at MarketWatch (Wed 8:27am)
• Covad settles Verizon disputes, inks deal with MCI
at Reuters (Wed 8:23am)
• InPlay: Covad, Verizon enter into new relationship, settle litigation, DVW and MCI enter into separate agreement
Briefing.com (Wed 8:01am)
• Covad, Verizon and MCI Announce a New Relationship
Business Wire (Wed 8:00am)
Headline News Link....http://finance.yahoo.com/q/h?s=DVW
Covad, Verizon and MCI Announce a New Relationship...
Smart business decision.Out of multiple litigious headaches and reaffirm business goals.
Over the $1.00....
+10.42%.......Volume @........2,573,800
Looking nice.... 8)
Volume: 2,337,800
Avg Vol (3m): 1,390,230
End of the day chart.
Volume: 1,882,100
Avg Vol (3m): 1,426,450
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
5.08%above 13-day EMA
Press Release Source: Covad Communications Group, Inc.
Covad to Present at 8th Annual Needham & Company Growth Conference
Monday January 9, 10:54 am ET
SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 9, 2006--Covad Communications Group, Inc. (AMEX:DVW - News), a leading national provider of integrated voice and data communications, today announced that it will present at the 8th Annual Needham & Company Growth Conference on Thursday, Jan. 12, 2006 in New York. Charles Hoffman, president and CEO for Covad, and Christopher Dunn, chief financial officer, will speak at the event. The company is scheduled to present at 8 a.m. EST/5 a.m. PST.
A live broadcast of the event will be available in the Event Calendar section at http://www.covad.com/companyinfo/investorrelations. Please note that participants are required to register in order to access the Webcast. A replay of the Webcast will be available on the Covad website.
About Covad
Covad is a leading nationwide provider of broadband voice and data communications. The company offers DSL, Voice over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
Contact:
Covad Communications
Michael Doherty, 408-952-7431 (Media)
[email protected]Susan Jin Davis, 408-434-2130 (Investor Relations)
[email protected]or
Pinkston Group
Christian Pinkston, 202-423-6611 (Media)
[email protected]--------------------------------------------------------------------------------
Source: Covad Communications Group, Inc.
Closed above the 200-dma.
Volume: 2,894,100
Avg Volume (3m): 1,524,960
Press Release Source: Covad Communications Group, Inc.
CompUSA(R) and Covad Sign Deal to Offer Business-Class Broadband in 168 Stores Nationwide
Wednesday January 25, 8:00 am ET
DALLAS & SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 25, 2006--Covad Communications Group, Inc. (AMEX:DVW - News) and CompUSA, Inc. announced an agreement today to offer Covad's business-class broadband services in 168 CompUSA stores nationwide.
"With this deal, CompUSA is strengthening its commitment to being the one-stop technology shop for small businesses," said Larry Mondry, president and CEO of CompUSA. "Total package offerings in a retail setting are a real need for the small business market. According to TechInsights, a survey by CompUSA, 76 percent of small business owners buying technology want service, support, and broad product offerings all from the same retailer."
"We are excited by the opportunity to offer Covad's small business broadband products through CompUSA, one of the nation's most recognizable and trusted business brands for technology solutions," said Charles Hoffman, Covad president and CEO. "Placement of Covad's business-class broadband services in selected business-focused retail locations represents an important addition to Covad's distribution channel strategy. Partnering with CompUSA will extend our reach into the key small business market."
CompUSA will be offering a full range of Covad broadband access services, from shared-line DSL suitable for a small or home office all the way up to full T-1 connections. CompUSA has chosen Covad's broadband service to power its Digital Services demonstration kiosk in all 168 supported store locations, powering a variety of voice and data products. In 112 of the Covad-supported stores, CompUSA has established dedicated business services sales areas staffed with a business-focused sales force that will help customers ascertain their needs and make Covad a part of a total office technology solution. Covad's business-class broadband services will also be available for purchase through the Digital Services section of CompUSA's on-line venues: www.compusa.com and www.compusabusiness.com.
CompUSA will begin offering Covad services in mid-February. A 10-market road show introducing CompUSA's entire line of broadband data and voice products will help familiarize CompUSA associates with Covad's business-class broadband services. Financial terms of the agreement were not disclosed.
About Covad
Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
About CompUSA
CompUSA, Inc., a Dallas-based company, is one of the nation's leading retailers and resellers of technology products and services. CompUSA currently operates more than 240 locations in more than 90 major metropolitan markets across the United States and Puerto Rico. In addition, CompUSA's Web site offers an assortment of more than 170,000 items. Visit them at www.compusa.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The foregoing contains "forward-looking statements" which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Examples of forward-looking statements include expectations regarding Covad's reach in the small business market. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Covad's control that could cause actual results to differ materially from such statements. These risk factors include Covad's ability to sell its services in a retail store setting, future changes in telecommunications regulations and litigation concerning current regulations, and our ability to increase the revenue that we obtain from our services and maintain an efficient cost structure, among other risks. For a more detailed description of the risk factors that could cause such a difference, please see Covad's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Covad disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of Covad.
Contact:
Covad Communications
Michael Doherty, 408-952-7431 (Media)
[email protected]Susan Jin Davis, 408-434-2130 (Investor Relations)
[email protected]--------------------------------------------------------------------------------
Source: Covad Communications Group, Inc.
HEADLINES
• [$$] EarthLink, Covad Plan to Offer Deal for DSL and Web Calling
at The Wall Street Journal Online (Sun 9:34pm)
+8.84%........Volume @.........1,105,800
All I have time for is to post a chart.
Looking good to me.
Well from looking through this thread, it's me myself and I ::)
The 50/200 dma has taken place. "The Golden Cross"
Lawsuites have been settled with Verizon, look for them to do better, or be bought out. Either way going out on speculative limb here and going to target long term for 2.50
Volume: 2,610,000
Avg Vol (3m): 1,937,950
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
17.88%above 13-day EMA
-10.44%below 50-day EMA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 04/26/2006
Last Analyst Rating: Buy
Falling Wedge (Reversal) Pattern
The falling wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout.
The falling wedge can also fit into the continuation category. As a continuation pattern, the falling wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns.
As with rising wedges, the falling wedge can be one of the most difficult chart patterns to accurately recognize and trade. When lower highs and lower lows form, as in a falling wedge, a security remains in a downtrend. The falling wedge is designed to spot a decrease in downside momentum and alert technicians to a potential trend reversal. Even though selling pressure may be diminishing, demand does not win out until resistance is broken. As with most patterns, it is important to wait for a breakout and combine other aspects of technical analysis to confirm signals.
Press Release Source: Covad Communications Group, Inc.
Covad Channel Partner CICAT Networks Signs National Broadband Deal With Pacific Sunwear
Thursday March 9, 8:00 am ET
SAN JOSE, Calif.--(BUSINESS WIRE)--March 9, 2006--Covad Communications Group, Inc. (AMEX:DVW - News), a leading national provider of integrated voice and data communications, has been selected to be the primary provider of national broadband access to Pacific Sunwear, a leading specialty retailer of casual apparel, accessories and footwear for teens and young adults with over 1000 locations across the US. The deal was concluded through the efforts of CICAT Networks, a Virginia-based telecommunications service provider to enterprises, and Covad's largest broadband channel partner.
"Covad is pleased to join with CICAT in providing service to Pacific Sunwear," said Patrick Blair, Covad executive director of sales. "Our longstanding relationship with CICAT provides Covad the opportunity to expand our reach and better serve our customers in the distributed enterprise market."
Pacific Sunwear has deployed Covad DSL solutions in over 60 percent of its locations that have broadband access, and is planning on adding an additional 300 locations. The company is migrating its sites onto broadband access to take advantage of that technology's faster data speeds and capacity to run new applications. CICAT Networks continues to manage Pacific Sunwear's multi-site broadband rollout.
"Covad and CICAT are proven leaders in this space, because we put the customer first," said Brad Wise, CICAT's president and CEO. "Covad's national network and portfolio of business-class voice and data solutions, combined with CICAT's professional and technical expertise, enables our customers to focus on increasing revenue and improving productivity while we manage a complex national broadband rollout."
The partnership between Covad and CICAT has also resulted in broadband service deployments to companies such as The Children's Place, Strasburg-Jarvis, and AutoZone.
About Covad
Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
About CICAT Networks
CICAT is the trusted, independent single-source provider of telecommunications and network services to enterprises. CICAT enables its customers to work with one partner, while paving the way for new broadband-enabled business applications, including Customer Relationship Management and other revenue-generating, productivity-enhancing applications. Corporate headquarters is located at 3975 Fair Ridge Drive, Suite 350 South, Fairfax, VA, 22030. Telephone: 1-800-988-4736. www.cicat.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The foregoing contains "forward-looking statements" which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Examples of forward-looking statements include expectations regarding planned purchases and deployments of our services by our customers. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Covad's control that could cause actual results to differ materially from such statements. These risk factors include the ability of Covad to sell and deliver its services efficiently, to effectively compete with other providers of voice and broadband services, and to maintain an efficient cost structure, as well as potential changes in telecommunications regulations, among other risks. For a more detailed description of the risk factors that could cause such a difference, please see Covad's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Covad disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of Covad.
Contact:
Covad Communications
Michael Doherty, 408-952-7431 (Media)
[email protected]Susan Jin Davis, 408-434-2130 (Investor Relations)
[email protected]or
Pinkston Group
Christian Pinkston, 703-574-2137 (Media)
[email protected]--------------------------------------------------------------------------------
Source: Covad Communications Group, Inc.
Your not alone................ ;D
Following this stock since 1.40..............I failed to pull the trigger at $1.40.......There might be one more chance under 1.60, then off to LT of $2.50 analyst target.
Buying opportunity, in at 1.65
Quote from: Holygrale on March 09, 2006, 11:19:51 PM
Your not alone................ ;D
Following this stock since 1.40..............I failed to pull the trigger at $1.40.......There might be one more chance under 1.60, then off to LT of $2.50 analyst target.
Glad to see I'm not alone..... ;D
Volume: 2,785,900
Avg Vol (3m): 2,038,650
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
9.00%above 13-day EMA
-8.78%below 50-day EMA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 04/26/2006
Last Analyst Rating: Buy
;D
AP
Covad Shares Up After Upgrade
Monday March 20, 2:09 pm ET
Covad Communications Shares Climb After Analyst Upgrades the Stock on Expense Controls
NEW YORK (AP) -- Shares of Covad Communications Group Inc. climbed to a 52-week high Monday, after an analyst upgraded the communications service provider and said the company's management continues to aggressively manage costs, steering it toward profitability.
Needham analyst Greg Mesniaeff upgraded the San Jose, Calif., company to "Buy" from "Hold," and said in a client note he is "increasingly convinced" the company will execute its goal of posting positive earnings before interest, taxes, depreciation and amortization -- known as EBITDA, an indicator of financial performance -- in the third quarter.
"We also believe that Covad's deepening ties with Internet service providers such as EarthLink could potentially expand to other major portals," the analyst added. Covad had said last week it received $50 million in financing from Earthlink Inc. to fund the expansion of its voice services to new markets.
Covad shares climbed 20 cents, or 11 percent, to $1.94 in afternoon trading on the American Stock Exchange. In the past 52 weeks, the stock has changed hands between 65 cents and $1.80.
The company's technology uses existing telephone lines to provide broadband Internet access, and its main clients are Internet service providers. Mesniaeff added the company is one of the few providers of alternative telecommunications broadband infrastructure.
Press Release Source: Covad Communications Group, Inc.
Bandwidth.com and CompUSA Choose Covad's Voice Optimized Access for their VoIP Offer
Monday March 20, 11:47 am ET
SAN JOSE, Calif.--(BUSINESS WIRE)--March 20, 2006--Covad Communications Group, Inc. (AMEX:DVW - News), a leading national provider of integrated voice and data communications, today announced that it has been chosen to be a preferred DSL and T-1 provider to Bandwidth.com for its voice over IP solution, to be sold through an agreement with CompUSA.
"We are very pleased to be a preferred provider to Bandwidth.com as it partners with CompUSA to launch this exciting new voice solution," said Lisa Graham, vice president of wholesale sales for Covad. "Covad has a strong relationship with both companies and we look forward to helping them succeed in this venture."
Under the terms of the partnership announced at the Spring 2006 VON Conference last week, Bandwidth.com will launch its voice over IP solution targeting small businesses through CompUSA's retail locations, commercial sales and website. The service is a fully hosted IP telephony solution that incorporates Bandwidth.com's robust platform and feature set and will be available over Covad T-1 and SDSL voice-optimized access (VOA). CompUSA will launch the service in April 2006. Covad has been providing Bandwidth.com with T-1 and DSL services under a wholesale arrangement since 2002.
"Covad has a proven track record serving business customers and we are delighted to be offering Covad services to CompUSA customers," said Henry Kaestner, CEO of Bandwidth.com.
Covad's VOA enables small business customers to conduct multiple phone calls and access large data files concurrently over the same connection without compromising the quality of their voice services because Covad controls the flow of voice traffic over its nationwide network and prioritizes telephone conversations over data traffic.
About Covad
Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles, San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
About CompUSA
CompUSA, Inc., a Dallas-based company, is one of the nation's leading retailers and resellers of technology products and services. CompUSA currently operates more than 240 locations in more than 90 major metropolitan markets across the United States and Puerto Rico. In addition, CompUSA's Web site offers an assortment of more than 170,000 items. Visit them at www.compusa.com.
About Bandwidth.com
Founded in 1999, Bandwidth is a nationwide communications provider offering businesses advanced Internet, VoIP, network and wireless services. As a single source provider for businesses telecom needs, Bandwidth provides its customers with unparalleled selection, savings and service. The company's unique methodology, experienced team and dedicated customer service, ensures accountability and service superior to that of traditional Internet and VoIP providers. For more information, visit www.bandwidth.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The foregoing contains "forward-looking statements" which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Examples of forward-looking statements include expectations regarding the success of the relationship described in this press release. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Covad's control that could cause actual results to differ materially from such statements. These risk factors include the ability of Covad to sell and deliver its services efficiently, to effectively compete with other providers of voice and broadband services, and to maintain an efficient cost structure, as well as potential changes in telecommunications regulations, among other risks. For a more detailed description of the risk factors that could cause such a difference, please see Covad's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Covad disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of Covad.
Contact:
Covad Communications
Michael Doherty, 408-952-7431 (Media)
[email protected] Robert Dougherty, 408-434-2130 (Investor Relations)
[email protected] or
Pinkston Group
Christian Pinkston, 703-574-2137 (Media)
[email protected]--------------------------------------------------------------------------------
Source: Covad Communications Group, Inc.
Outstanding volume today... ;D Climbing back from its past,as news says it all.
The deal with earthlink will be very, very good for covad....... ;)
Volume: 9,407,000
Avg Vol (3m): 1,916,830
Technicals
Most Actives
Gap Up
Percentage Gainer
Last Price Quote is:
28.42%above 13-day EMA
11.62%above 50-day EMA
RS Rating: N/A
Fundamentals
Analyst Upgrade to Buy
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 04/26/2006
Last Analyst Rating: Buy
Got above $2.0. Can it hold and if so looking forward to $2.40
Great Pick Set.
Thanks
uc.
AP ;D
Covad Shares Continue to Climb
Tuesday March 21, 12:37 pm ET
Covad Communications Shares Advance for Second Day on Earthlink Financing Deal
NEW YORK (AP) -- Shares of Covad Communications Group Inc. climbed for a second day Tuesday, as investors continued to view the company's extended relationship with Earthlink Inc. a good sign.
Last week, the communications service provider said it received $50 million in financing from Earthlink to fund the expansion of its voice services to eight new markets.
"The bottom line -- this is a critical step for Covad," wrote Kaufman Bros. analyst Ari M. Moses in a client note, reiterating a "Buy" rating on the company.
Not only has the company converted a market trial into a commercial launch, he wrote, "but also will upgrade a portion of the company's network that currently accounts for 70 percent of revenue and will be doing so on someone else's dime."
Moses said the transaction "should effectively be cash neutral" for Covad. He added he does not expect revenue contribution from the new venture in 2006, and has "modest expectations" for 2007.
Covad's shares rose 18 cents, or 9 percent, to a new 52-week high of $2.19 in midday trading on the American Stock Exchange. The stock closed up nearly 16 percent Monday, after an analyst upgraded the company seeing improving financial performance.
In the past 52 weeks, the stock has changed hands between 65 cents and $2.02.
Another outstanding volume day.... ;D
Volume: 7,917,600
Avg Vol (3m): 2,213,720
Technicals
Close Above the 50-day EMA
Most Actives
Percentage Gainer
Last Price Quote is:
27.71%above 13-day EMA
14.98%above 50-day EMA
RS Rating: N/A
Fundamentals
Analyst Upgrade to Buy
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 04/26/2006
Last Analyst Rating: Buy
MCAD and other techs seem to indicate may get us a pullback.
Technicals
Most Actives
Last Price Quote is:
24.62%above 13-day EMA
15.96%above 50-day EMA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 04/26/2006
Last Analyst Rating: Buy
Press Release Source: Vodavi Technology Inc.
Vodavi Announces Agreement with Covad to Provide New Hosted VoIP Phones for the Very Small Market
Thursday March 23, 9:15 am ET
PHOENIX--(BUSINESS WIRE)--March 23, 2006--Vodavi Technology Inc. (NASDAQ: VTEK - News) today announced it will provide Covad Communications (AMEX: DVW - News), a leading provider of integrated voice and data communications, multiple new phone models designed for the Very Small Business (VSB) and Small Business (SB) VoIP marketplace. The phones will be manufactured by LG-Nortel Co. Ltd., Vodavi's strategic partner and largest shareholder. Vodavi will provide sales and support to Covad. The agreement will expand the range of options available to new and current Covad customers.
The 6800 Series phones employ the internationally recognized standard protocols, MGCP and SIP. They operate seamlessly with Covad vPBX service to access productivity-enhancing features like "find me/follow me," call logs, and contact lists. Prior to Covad's introduction of the 6800 Series phones, small businesses lacked a variety of cost-effective alternatives. Today, VSBs and SBs can implement the productivity advantages of VoIP with minimal up front costs, making total telecom savings even greater.
"Our goal is to transform business communications through cost-effective technology solutions," said Prakash Nagpal, director, product strategy, at Covad. "The 6800 Series is a welcome addition to our hassle-free VoIP service for small businesses and is yet another step in providing our customers with the flexibility they're looking for in a managed IP environment."
"We're pleased to supply reliable and affordable equipment to Covad customers," said Greg Roeper, president & CEO of Vodavi Technology Inc. "We look forward to doing our part to ensure that Covad customers enjoy the full range of VoIP services as made available through the 6800 Series of IP Terminals."
About Vodavi
Vodavi Technology Inc. is an advanced communications solutions provider delivering innovative business communications solutions that help small to large enterprises increase productivity and reduce costs. Vodavi's full range of communications solutions include traditional telephone systems, Voice-over-IP (VoIP) technology and converged communications solutions that allow enterprises to deploy traditional digital or VoIP communications simultaneously, providing a flexible and cost-effective migration path to new technology. The company is headquartered in Phoenix. For more information on Vodavi, visit www.vodavi.com.
About LG-Nortel
LG-Nortel Co. Ltd. is a Joint Venture of LG Electronics Inc. (Korea) and Nortel Networks Corp. (Canada). LG-Nortel specializes in developing and marketing telecommunications equipment and network solutions.
Contact:
RS Marketing Associates for Vodavi
Ruth Seigel, 480-502-0342
[email protected]--------------------------------------------------------------------------------
Source: Vodavi Technology Inc.
Press Release Source: Covad Communications Group Inc.
Company Profile for Covad Communications Group Inc.
Friday March 24, 5:01 pm ET
--(BUSINESS WIRE)----Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, wireless broadband, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
Company: Covad Communications Group Inc. Headquarters Address: 110 Rio Robles
San Jose, CA 95134 Main Telephone: 408-952-6400 Ticker: DVW(AMEX) Type of Organization: Public Industry: Technology: Telecommunications Earnings Release Dates: 1st Quarter: February 15, 2006
Key Executives: President & CEO: Charles Hoffman
CFO: Christopher Dunn
EVP Sales & Marketing: David McMorrow
Investor Relations
Contact: Robert Dougherty
Phone: 408-434-2130
Email:
[email protected]--------------------------------------------------------------------------------
Source: Covad Communications Group Inc.
Volume: 2,774,400
Avg Vol (3m): 2,402,650
Technicals
Most Actives
Last Price Quote is:
15.19%above 13-day EMA
14.96%above 50-day EMA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 04/26/2006
Last Analyst Rating: Buy
10:30AM Earthlink buys shares of Covad (DVW) 2.13 +0.30 : DVW note in a filing today that at the end of March, Covad sold to EarthLink 6,134,969 shares of common stock for $10 mln, reflecting a price per share of $1.63, which equals 105% of the arithmetic average of the daily volume weighted average trading price quoted on the American Stock Exchange for the cos' common stock for each of the 10 trading days immediately preceding the execution date of the purchase agreement. Also, DVW issued to ELNK a $40 mln 12% senior secured convertible note due 2011, dated as of March 29, for an aggregate purchase price of $40 mln.
I got in this one this morning. Nice breakout !! great volume!!
Rock on DVW...... ;D
AP
Covad Communications Shares Jump
Monday April 10, 12:26 pm ET
Covad Communications Group Shares Climb As Analyst Issues Upbeat Report
NEW YORK (AP) -- Shares of Covad Communications Group Inc. jumped Monday as an analyst saw short-term catalysts driving the stock higher and called the telecom services company a likely acquisition target.
Jefferies analyst Romeo A. Reyes boosted his target price to $3 from $2 and reiterated a "Buy" rating on the stock, saying Covad's line-powered voice technology business "enhances the depth, breadth and quality" the company's product portfolio.
Line-powered voice, or LPV, allows Covad to offer phone service, high speed Internet access and video "over a twisted pair of copper wires," the analyst wrote in a note to clients.
In March, the San Jose, Calif., company signed a deal with Internet service provider Earthlink Inc., receiving $50 million in financing pay for the expansion of its voice services to eight new markets. Reyes said the agreement "further validates" the quality of Covad's nationwide network.
Shares rose 19 cents, or 9.1 percent, to $2.29 in midday trading on the American Stock Exchange. The stock has more than doubled in value since closing at 87 cents on Jan. 3, the first trading day of the year.
The analyst also called the company an "even more likely acquisition target" thanks to the launch of its LPV technology.
"The LPV product would enable the acquirer to differentiate its product offering from the competition and control the Company's nationwide network," Reyes wrote.
Price Channel (Continuation) Pattern......Bullish..... ;)
A price channel is a continuation pattern that slopes up or down and is bound by an upper and lower trend line. The upper trend line marks resistance and the lower trend line marks support. Price channels with negative slopes (down) are considered bearish and those with positive slopes (up) bullish. For explanatory purposes, a "bullish price channel" will refer to a channel with positive slope and a "bearish price channel" to a channel with negative slope.
In a bullish price channel, some traders look to buy when prices reach main trend line support. Conversely, some traders look to sell (or short) when prices reach main trend line resistance in a bearish price channel. As with most price patterns, other aspects of technical analysis should be used to confirm signals.
Because technical analysis is just as much art as it is science, there is room for flexibility. Even though exact trend line touches are ideal, it is up to each individual to judge the relevance and placement of both the main trend line and the channel line. By that same token, a channel line that is exactly parallel to the main trend line is ideal.
Volume: 6,048,200
Avg Vol (3m): 2,402,770
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
18.94%above 13-day EMA
23.95%above 50-day EMA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 04/26/2006
Last Analyst Rating: Buy
Looking long term .....
Volume: 2,227,000
Avg Vol (3m): 2,703,480
Technicals
Most Actives
Last Price Quote is:
5.77%above 13-day EMA
18.90%above 50-day EMA
RS Rating: N/A
Fundamentals
Earnings Expected on Apr 27
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 04/27/2006
Last Analyst Rating: Bu
Fibonacci retracement 50.0%....bounce.
Oversold Indicators, turn north
Not great fundamentals, but still trending upward.
Volume: 2,932,900
Avg Vol (3m): 3,474,120
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
-1.16%below 13-day EMA
-5.53%below 50-day EMA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 07/26/2006
Last Analyst Rating: Outperform
Press Release Source: Covad Communications Group, Inc.
AOL and Covad Communications to Offer AOL High Speed Powered by Covad ADSL 6.0
Tuesday May 23, 8:00 am ET
DULLES, Va. & SAN JOSE, Calif.--(BUSINESS WIRE)--May 23, 2006--AOL LLC and Covad Communications Group, Inc. (AMEX:DVW - News), a leading national provider of integrated voice and data communications, today announced that consumers will now be able to access the AOL service with Covad's ADSL 6.0 high-speed broadband access product for as low as $39.95 per month.
"Covad's ADSL 6.0 access product is another example of our flexible approach to meeting consumers' needs as they move to broadband," said Joe Redling, president of AOL's Access Business. "Covad's national broadband network, high quality products, and expertise in DSL make them an ideal partner as we continue to expand our coast-to-coast AOL High Speed offer with even more provider and access speed options."
"This announcement signals a promising new direction in our longstanding strategic partnership with AOL," said Charles Hoffman, Covad president and chief executive officer. "We view ADSL 6.0 as the first of many innovative Covad products that will help AOL capture consumers' growing interest in moving to broadband."
Residential users will increasingly adopt high-bandwidth data services as they accelerate their move away from dial-up, according to Parks Associates, a leading industry and consumer research firm. "By deploying Covad's ADSL 6.0, AOL positions itself to take advantage of the residential user's increasing interest in high-bandwidth data access for applications such as online gaming, streaming video, and downloading music," said Kurt Scherf, vice president and principal analyst, Parks Associates.
Key features of AOL High Speed with Covad ADSL 6.0 include:
High-Speed Access: Covad ADSL 6.0 features download speeds of up to 6.0Mbps and up to 768K upstream.
Fast & Easy Setup: Plug-and-play installation makes establishing a wireless Internet connection quick and easy.
Customer Service: Help that's available 24/7, including help via phone, e-mail or instant message.
Safety: A comprehensive set of safety and security tools available to keep users safer against viruses, spyware, identity theft, and other online threats for no additional charge.
Content: AOL-exclusive and original programming including commercial free radio, streaming video and music are all more enjoyable than ever.
Storage: Additional benefits like unlimited email and picture storage on AOL.
Covad currently offers ADSL 6.0 to consumers only through wholesale partners such as AOL, who will begin offering the service this summer. AOL members and consumers should visit http://www.aol.com/highspeed to learn more and to sign-up.
About AOL LLC
AOL LLC and its subsidiaries operate a leading network of Web brands and the largest Internet access subscription service in the United States. Web brands include the AOL.com® website, AIM®, MapQuest® and Netscape®. AOL offers a range of digital services in the areas of education, safety and security, communications and music. The company also has operations in Europe and Canada. AOL, which is based in Dulles, Va., is a majority-owned subsidiary of Time Warner Inc.
About Covad
Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, wireless broadband, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The foregoing contains "forward-looking statements" which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Examples of forward-looking statements include expectations regarding the success of the relationship described in this press release and the adoption of high-bandwidth services by consumers. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Covad's control that could cause actual results to differ materially from such statements. These risk factors include the ability of Covad to sell and deliver its services efficiently, to effectively compete with other providers of voice and broadband services, and to maintain an efficient cost structure, as well as potential changes in telecommunications regulations, among other risks. For a more detailed description of the risk factors that could cause such a difference, please see Covad's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Covad disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of Covad.
Contact:
Covad Communications
Michael Doherty, 408-952-7431 (Media)
[email protected]Robert Dougherty, 408-434-2130 (Investor Relations)
[email protected]or
AOL
Anne Bentley or Cindy Harvey, 703-265-1746
or
Pinkston Group
Christian Pinkston, 703-574-2137
[email protected]--------------------------------------------------------------------------------
Source: Covad Communications Group, Inc.
Press Release Source: Covad
Covad Wins Communications Solutions' 2005 ''Product of the Year'' Award and Announces Unlimited Domestic Monthly Minutes for VoIP Customers Using PBXi Plus
Monday May 22, 1:00 pm ET
SAN JOSE, Calif.--(BUSINESS WIRE)--May 22, 2006--Covad Communications Group, Inc. (AMEX:DVW - News), a leading national provider of integrated voice and data communications, announced today that its PBXi Plus business-class Voice over IP (VoIP) product has just received a 2005 Product of the Year Award from Technology Marketing Corporation's Communications Solutions magazine. Covad also announced that it has made this award winning service even better by providing its new and existing PBXi Plus customers with unlimited domestic monthly minutes.(1)
"With this enhancement, PBXi Plus becomes an even better fit for how small and medium businesses use VoIP," said John Grady, director of product management for Covad. "PBXi Plus provides customers who have already invested in a premises-based telephone solution an unbeatable value combination: award winning VoIP technology, the quality of service (QOS) of Covad's nationwide network, a seamless installation experience and no upfront charges."
Covad's PBXi Plus targets small businesses and distributed enterprises that have existing on-premises phone equipment. The product integrates seamlessly with business phone systems because the business is able to retain its original handsets, phone numbers and equipment. PBXi Plus requires no upfront expense: Covad provides a professional installation and Cisco 2431 router at no charge. Full e911 service is included.
PBXi Plus runs over Covad's Voice-Optimized Access (VOA) T1 lines. VOA allows Covad to manage the quality of both voice and data services simultaneously, and enables our customers to realize significant cost savings, while eliminating the expense of maintaining separate voice and data networks.
The product is based on the Covad hosted platform and supports the functionality of the customer's existing PBX system, but adds other valuable features, including new online management and configuration capabilities. Covad also offers a hosted business-class VoIP product, Covad vPBX, for customers who are replacing existing premises-based solutions in favor of the convenience and reliability of a fully-managed VoIP solution.
No action is required for existing PBXi Plus customers to take advantage of the increase in monthly minutes: the service plan upgrade will be reflected in their June invoices.
(1) Minutes are capped at 101,000 minutes per month per site. Covad charges approximately $0.025 per minute for any usage above the 101,000 minute cap.
About Covad
Covad is a leading nationwide provider of integrated voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, wireless broadband, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The foregoing contains "forward-looking statements" which are based on management's current information and beliefs as well as on a number of assumptions concerning future events made by management. Examples of forward-looking statements include expectations regarding the success of Covad's PBXi Plus products. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Covad's control that could cause actual results to differ materially from such statements. These risk factors include the ability of Covad to sell and deliver its services efficiently, to effectively compete with other providers of voice and broadband services, and to maintain an efficient cost structure, as well as potential changes in telecommunications regulations, among other risks. For a more detailed description of the risk factors that could cause such a difference, please see Covad's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. Covad disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of Covad.
Contact:
Covad Communications
Michael Doherty, 408-952-7431 (Media)
[email protected]Robert Dougherty, 408-434-2130 (Investor Relations)
[email protected]or
Pinkston Group
Christian Pinkston, 703-574-2137 (Media)
[email protected]--------------------------------------------------------------------------------
Source: Covad
Press Release Source: Covad Communications Group, Inc.
Covad Joins Leading Global Telecom Providers to Found WiBro and Mobile WiMAX Community
Wednesday May 24, 8:00 am ET
SAN JOSE, Calif.--(BUSINESS WIRE)--May 24, 2006--Covad Communications Group, Inc. (AMEX:DVW - News), a pioneering national provider of integrated voice and data communications, announced today that it is a founding member of the WiBro and mobile WiMAX Community (WMC) alongside leading global telecom providers such as KT Corporation, TeleKom Malaysia Berhad, and PCCW. The WMC was founded to further the deployment and interoperability of WiBro, a mobile WiMAX broadband wireless technology standard.
"By joining the WMC, Covad gains an opportunity to learn from and share information with leading telecom providers in other countries," said Alan Howe, vice president of strategic and wireless development for Covad. "This puts us on the cutting edge of new developments in the fast-growing wireless broadband market."
"We are very pleased to have Covad as a US-based founding member of the WMC," said Hoon Kim, a manager for KT Corporation. "We look forward to developing shared strategies and exploring potential partnership opportunities."
Deployment of WiMAX is expected to grow substantially by the end of this decade, according to global industry research firm Ovum. "Covad is smart to partner with players like KT Corporation," said Julien Grivolas, telecommunications analyst from Ovum. "With the commercial launch of its WiBro services expected next month, KT is the most advanced operator in mobile WiMAX, while there are many innovative broadband wireless access initiatives in Asia. Consequently, WMC membership will provide Covad with some exciting opportunities."
Covad is also a member of the WiMAX forum, another industry group focused on furthering the spread of wireless broadband among businesses and consumers. Covad operates a wireless broadband network with over three thousand business customers in major markets throughout California and Nevada.
Press Release Source: Covad Communications Group, Inc.
Covad to Present at the Cowen and Company 34th Annual Technology Conference
Thursday May 25, 8:00 am ET
SAN JOSE, Calif.--(BUSINESS WIRE)--May 25, 2006--Covad Communications Group, Inc. (AMEX:DVW - News), a pioneering national provider of integrated voice and data communications, today announced that Charlie Hoffman, president and CEO, and Chris Dunn, CFO, will present at the Cowen and Company 34th Annual Technology Conference on Thursday, June 1, 2006 in New York. The company is scheduled to present at 3:05 p.m. EDT/12:05 p.m. PDT.
A Webcast of the event will be available in the Event Calendar section of Covad's website at http://www.covad.com/companyinfo/investorrelations. Please note that participants are required to register in order to access the Webcast. A replay of the Webcast will also be made available on the Covad website.
About Covad
Covad is a leading nationwide provider of broadband voice and data communications. The company offers DSL, Voice over IP, T1, Web hosting, managed security, IP and dial-up, wireless broadband, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
Contact:
Covad Communications Group, Inc.
Michael Doherty, 408-952-7431 (Media)
[email protected]Robert Dougherty, 408-434-2130 (Investor Relations)
[email protected]--------------------------------------------------------------------------------
Source: Covad Communications Group, Inc.
Nice move north off a Fibonacci retracement 50.0%.
4+ oversold indicators.
Looking for a long term target @ $7.00
Volume: 6,349,900
Avg Vol (3m): 3,579,540
Technicals
Close Above the 50-day EMA
Most Actives
Percentage Gainer
Last Price Quote is:
12.04%above 13-day EMA
8.99%above 50-day EMA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 07/26/2006
Last Analyst Rating: Outperfor
I nibbled on Friday. I expect this to be a quick trade. If it doesn't keep going up on Tuesday I'll pull the plug. If it hits $2.50 I'll probably sell there.
Travis - what do you base your $7 long term target on? I took a quick look at the fundamentals and didn't see anything there to support a 3-bagger move from here.
I suppose you could call it pure speculation on my part.
The technical chart shows the stock is in a rally as K line is rising on top of D line as the price is back above 50 day moving average.
I view it as a, Top Penny Stock, a High Return Stock, and a Strong Buy...
When a company has certain exclusive products that (are in demand), it usually means they will be successful.
When other companies want to get in bed with them, and it costs little or no money on DVW's part, that means success.
When you receive 4 upgrades and the prospects of more to follow because you will guide up and achieve profitability that will put you, and keep you in the black, that is success.
Volume: 6,349,900
Avg Vol (3m): 3,579,540
Support @ $2.03...1.73...1.52
Resistance @ $2.31...2.50..2.69
Technicals
Close Above the 50-day EMA
Most Actives
Percentage Gainer
Last Price Quote is:
12.04%above 13-day EMA
8.99%above 50-day EMA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 07/26/2006
Last Analyst Rating: Outperform
Then go to a 5 year chart to see $7.00 target.
Quote from: Lucas Scott on May 28, 2006, 04:03:18 AM
I nibbled on Friday. I expect this to be a quick trade. If it doesn't keep going up on Tuesday I'll pull the plug. If it hits $2.50 I'll probably sell there.
It turned into a quick trade indeed. And a quick 10% loss. Found good support in the 1.90's though. Considering re-entry. Not to be confused with rear-entry which is what best describes my reaction to seeing DVW down 13% when I woke up this morning.
Press Release Source: Covad Communications Group, Inc.
Covad Joins Frost and Sullivan in an Informative eBroadcast to Discuss VoIP Options for Businesses
Thursday June 1, 8:00 am ET
Panel of Analyst and Industry Experts Focuses on Efficiency, Cost Savings and Scalability of Network
SAN JOSE, Calif.--(BUSINESS WIRE)--June 1, 2006--Covad Communications Group, Inc. (AMEX:DVW - News), a leading national provider of integrated voice and data communications, will join together with analysts from Frost and Sullivan for a discussion today on the critical importance of Voice over IP (VoIP) for businesses seeking a competitive advantage. The "eBroadcast" will be available today at http://www.frost.com/prod/servlet/ebroadcast.pag?eventid=67545066 at 2 p.m. EDT/11 a.m. PDT.
The session, "Can You Really Afford Not to Use VoIP? Leveraging the Options for Increased Business Value," will be led by Sam Masud, principal analyst, Carrier Infrastructure, ICT Practice, Frost and Sullivan; Prakash Nagpal, director of product strategy, Covad; and John Grady, director of product management, Covad.
"It is important that businesses understand the options available to them," according to Nagpal. "Different types of businesses need different solutions, and VoIP providers must work with each customer to ensure the service they are using gives them the maximum benefit."
"Advancements in VoIP technology have provided new ways to benefit from the convenience and cost savings of a converged service, as well as the advanced features provided by Covad's portfolio of VoIP solutions," adds Grady.
"Getting up to speed on VoIP facilitates businesses for growth," said Sam Masud, principal analyst, Carrier Infrastructure, ICT Practice, Frost and Sullivan. "Covad's experience as a provider of VoIP for businesses allows participants to understand more clearly how different VoIP solutions can work for them."
Covad offers hosted and premise-based VoIP, and is currently the market leader in hosted VoIP. The interactive question and answer session is being held in cooperation with IPTelephony (iPulse), TMCNet.com, VoIP Action and others.
About Covad
Covad is a leading nationwide provider of broadband voice and data communications. The company offers DSL, Voice Over IP, T1, Web hosting, managed security, IP and dial-up, broadband wireless, and bundled voice and data services directly through Covad's network and through Internet Service Providers, value-added resellers, telecommunications carriers and affinity groups to small and medium-sized businesses and home users. Covad broadband services are currently available across the nation in 44 states and 235 Metropolitan Statistical Areas (MSAs) and can be purchased by more than 57 million homes and businesses, which represent over 50 percent of all US homes and businesses. Corporate headquarters is located at 110 Rio Robles San Jose, CA 95134. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.
Contact:
Covad Communications
Michael Doherty, 408-952-7431 (Media)
[email protected]Robert Dougherty, 408-434-2130 (Investor Relations)
[email protected]--------------------------------------------------------------------------------
Source: Covad Communications Group, Inc.
One to take a look at .....
The techs have turned for this one.
Technicals
Close Above the 13-day EMA
Most Actives
Percentage Gainer
Last Price Quote is:
3.95%above 13-day EMA
-9.89%below 50-day EMA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 10/25/2006
Last Analyst Rating: Outperform
More...
Formed a Symmetrical Triangle (continuation) Pattern.
Wanting to BreakOut.....
52wk Range: 0.66 - 2.72
Volume: 1,270,100
Avg Vol (3m): 1,866,900
Technicals
Most Actives
Percentage Gainer
Last Price Quote is:
6.13%above 13-day MA
2.19%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: 02/14/2007
Last Analyst Rating: Outperform
In After Hours trading Friday 09/07/2007
This one was up 36.36% to $1.05
SIGNS AGREEMENT: Covad Communications Group (DVW) announced that it has signed an
agreement with Granite Telecommunications. Granite will bundle Covad broadband with its offerings
of enhanced services, such as point-of-sale solutions, to its customers.
SIGNS WHOLESALE AGREEMENT: Covad Communications Group, Inc. (DVW) has signed a
wholesale agreement which enables Purecom to offer competitively-priced, high-speed broadband
packages to meet its growing customer demand. Purecom will begin marketing Covad T1,
SDSL, ADSL and ADSL2+ service to small businesses and residential subscribers nationwide.
Under the wholesale partnership, Purecom will benefit from Covad's ADSL service, offering
downstream data speeds of up to 6.0 Megabits per second. "A wholesale partnership with Purecom
enables Covad to leverage its investment in its next-generation broadband network," said
Jeff Rider, Covad VP of business development.