3SOF

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.