3SOF

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................

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................

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.....

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

 

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... 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                                                       
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....
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