langsam wird es peinlich, seit 19.10. jeden Tag +20% ! Covad Communications ! - 500 Beiträge pro Seite

[V.Mac]

Leute, Leute werdet wach !

Schaut euch unbedingt mal COVD, Covad Communications, an !

.....Covad Communications s(COVD: news, msgs) missed quarterly estimates due to an inability of a number of its smaller ISP customers to pay their bills.....

Also, als COVD am 17.10 nachbörslich mit den Zahlen kam, war es 4 Cent schlechter als erwartet, Verlust pro Aktie 1,22 anstelle von 1,18. Also rund 3% schlechter. Darauf hin ist die Aktie um rund 55 % von 10 auf 4,50 USD eingebrochen.

Und warum die schlechteren Zahlen ? Nicht, weil das Wachstum nicht erfüllt wurde, sondern weil Abnehmer der Dienste nicht rechtzeitig zahlen konnten ! Siehe Zitat oben.

Nun und momentan scheint man sich zu besinnen, daß der Kursverfall viel zu übertrieben war. Um den Kursverlauf mal zu verdeutlichen, hier den Chart:



Also, aus meiner Sicht sollten bei dem derzeitigen Umsatz - und Nutzerwachstum in 1-2 Jahren durchaus wieder Kurse im Bereich von 20 bis 35 USD möglich sein. Voraussetzung ist natürlich, daß die Telekomunikationsbranche (wieder) entdeckt wird und nicht, wie momentan, out links liegen bleibt.

DSL ist die Technologie der Zukunft, da Satelit momentan noch zu teuer ist, und COVD ist in USA Marktführer !

Wie gesagt,, schauts euch selbst an.

Es gibt bereits ein paar ganz brauchbare Threads unter dem Such-Code "Covad"

V.Mac

[Duschgel]

Spricht auch nicht gerade für eine Firma, wenn man Umsatz um jeden Preis machen will und die Bonität von potenziellen Kunden nicht prüft, oder?

dg

[V.Mac]

Leider weiss ich nicht, wie hoch der genaue Ausfall ist. Sollte aber nur einen relativ kleinen Umsatzanteil ausmachen.
Auf der anderen Seite, wie soll die Bonität den bei Weitervermarktern geprüft werden ?
Es gibt doch auch bei uns einige Klitschen, die nix mehr taugen, wie zum Beispiel diverse Flat-Line-Anbieter oder Gigabell, die können ihre Telekom-Rechnungen auch nicht zahlen. Aber daraufhin fällt die Telekom-Aktie ja auch nicht nochmal 55% oder ?

Ausfälle hat doch jedes Unternehmen schon mit einkalkuliert.

Aber immerhin, danke für die Anregung.
V.Mac

[V.Mac]

Also gut, heute gings mal etwas zurück, Schluß bei 6,35 USD, rund 5% minus heute.

Aber schauts euch an !

V.Mac

[pinklady]

Warum geht es heute mit Covad so runter?
Wollte heute einsteigen?
kann mir einer helfen?

[pinklady]

Hat keiner eine Antwort auf meine Frage?

[marsie]

...und wie geht`s weiter, V.Mac ?

m.

[V.Mac]

tach auch !

kaum macht man seinen Sommerurlaub im November und kommt nach gut 14 Tagen wieder heim, da siehts doch wahrlich nicht schön aus.

Gründe für den heftigen Rückgang muß ich erst mal suchen.

V.Mac

[pinklady]

Nun V.Mac hast du Gründe für den Niedergang von Covad gefunden?Wann ist der Tiefpunkt erreicht?

[V.Mac]

Tja, also so 100%ige Sachen hab ich nicht gefunden, aber alles in allem drückt es die schlechte Stimmung im DSL-Markt schon mit aus.

a) zur Zeit laufen in USA seit ca. 2 Monaten verschiedene Privat-Klagen in Zusammenhang mit dem Kauf von BlueStar Communications durch Covad.Da gehts um irgendwelche Falschangaben, die Covad da angeblich gemacht hätte. Es wurde wohl der Eindruck erweckt, daß die Q3-Zahlen wesentlich besser ausfallen würden als tatsächlich erfolgt. Dadurch konnte auch eine Anleihe über USD 500 Mio leichter platziert werden.

b) am 14.11.2000 wurden die Q3-Zahlen berichtigt, da 5 weitere Leitungsabnehmer "(deliquent Internet Service Providers (ISPs)" wohl in Zahlungsschwierigkeiten stecken und die erwarteten Erlöse nun wohl niedriger ausfallen, an und für sich ja nicht die eigene Schuld. Die Q3 Revenues (Einkünfte) mussten um rund 10 Mio USD reduziert werden. Dagegen wurde die Verluste um rund 5 Mio USD auf 125 Mio USD erhöht, eigentlich logisch.

c) Covad beabsichtigt, ca 14% Personalkosten durch Verwaltungsstraffung und Entlassungen einzusparen. (eigentlich doch positiv, zumindest für die Aktionäre, oder ? )

d) Auch Mitbewerber, z.B. DSL-Net, beabsichtigt, rund ein Viertel an Personal einzusparen.

e) Im Allgemeinen ist momentan in der gesamten Branche kein Blumentopf zu holen, auch Copper Mountain oder DSL-Net fallen wie die Steine, z.T. wegen nicht erfüllter Erwartungen.

Alle Angaben hier habe ich aus den Seiten von BigCharts.com unter Einabe des Kürzels COVD und dann News anklicken gefunden.

Fazit:

Aus meiner Sicht sollte die Talsohle erreicht sein und vor allem dann wieder ins positive drehen, wenn COVD seine Aussenstände eingetrieben hat und die Investitionen in den Ausbau des Leitungsnetzes etwas reduziert werden. Allerdings sind auf dem jetztigen Niveau etliche Firmen auch Übernahmekandidaten, wa also durchaus auch noch Spekulationen offen läßt.

Wenn ab Mitte Dezember der Markt wieder freundlicher verläuft, rechne ich damit, das COVD im Laufe eines Jahres auf jeden Fall wieder zweistellige Kurse zu bieten hat.

Soweit sogut

V.Mac

[V.Mac]

Ich habe da eine ganz interessante Einschätzung über den gesamten amerikanischen Telekom-Sektor sowie die dazugehörigen Netzwerkausrüster gefunden.

Viel Spass beim Lesen/Übersetzten:


Telecom Firms Tighten Belts, and Your Portfolio Will Feel It
By Roland Jones
Staff Reporter
12/5/00 10:56 AM ET



When big-spending companies say they`re tightening their belts, your portfolio might feel the pinch.


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A bunch of hefty telecommunications firms have said they plan to rein in their capital expenditures next year. Slower-than-expected sales and trampled stock prices have hurt these once freewheeling companies. Now, the spending slowdown is adding to investors` jitters about future growth prospects of not only these companies, but also the networkers and equipment companies such as Cisco (CSCO:Nasdaq - news) that are the beneficiaries of the recent spending spree.

And even if you`ve shied away from these more volatile stocks, you may indirectly feel the effects of this penny pinching: These warnings could be yet another sign that the economy is slowing down, which has across-the-board implications.

Why the sudden restraint in shelling out money for building next-generation communications technology? For one thing, loaners aren`t so interested any more in funding these costly projects, forcing many telcos to curb their spending budgets. BellSouth (BLS:NYSE - news), which controls local phone service for nine Southeastern states, is among the companies pulling back. The company has said it plans to reduce its 2001 buying budget to between $5.5 billion and $6 billion, down from this year`s planned budget of between $6 billion and $6.5 billion. BellSouth also cut its earnings projections for 2001, citing the costs of developing high-speed Internet access and business ventures in Latin America.

Other large telecom companies have followed suit, namely AT&T (T:NYSE - news), WorldCom (WCOM:Nasdaq - news) and Williams (WCG:NYSE - news). They have said they will spend less on such equipment as telephone switching gear and routers next year.

"The telcos have over-stretched themselves and will be weak performers next year," says Michael Boldin, director of real-time economics at Economy.com in West Chester, Pa. "In the phone business prices are falling and so are margins, and this is a clear sign that supply has outstripped demand. It`s no surprise that these companies are cutting back."

But it doesn`t end there. Reduced spending on technology for one company means less business for another, says Robert W. McLeod, professor of finance at the University of Alabama in Tuscaloosa. If a large buyer of technology, such as a regional telecom firm, says it will spend less on equipment and infrastructure it has a negative impact on it suppliers -- in this case technology companies such as Cisco and Lucent Technologies (LU:NYSE - news). "There is some concern out there as to where the new demand for technology is coming from, and some people are questioning these companies` ability to grow beyond their saturation point."

Capital expenditure -- the outlay of money to acquire or improve anything from company furnishings to technology -- is vital to a growing business, says McLeod. "A company that`s not spending enough could end up with out-of-date and inefficient technology," he says, adding that in fast-paced industries such as the high-tech sector, this can be fatal.

But a cutback in spending isn`t always bad news, he adds. In many cases, a company is simply in tune with its current economic climate and is showing it can plan for the future well by not investing in parts of its businesses that are going to remain idle.

The difficulty is deciding which companies are exercising good economics. A good way to do this is to examine what a company has told its investors in the past. If a company said it would do a major capital expenditure then cuts back because of a lack of demand or because the markets change, it`s bad news, says McLeod. However, if a company has a strategic plan to do something in five years or so, and you see that it has completed the project and is seeing a slowdown there`s no need to make any more expenditures of capital he adds. "It is hard to see a clear distinction without researching a company`s strategic plan and its earnings reports."

Indeed, companies like Level 3 Communications (LVLT:Nasdaq - news) and Global Crossing (GX:NYSE - news) are no longer in the primary stage of building their networks and so are less reliant on capital, he says. These companies spent large amounts of money on infrastructure projects started last year when the markets were doing well, and they are now almost complete.

However, in business what companies do and what they say are often two different matters, says Michael Hodel, a telecommunications analyst at Morningstar. Despite a planned budget of between $6 billion and $6.5 billion this year, BellSouth has already spent $6.8 billion over the past 12 months, he says. "Investors in these companies don`t like to hear that big capital expenditure investments are coming, so each year most companies say capital expenditure will be pretty flat," says Hodel. "This appeases investors, but to keep pace with competitors they usually end up spending more."

Big spenders like AT&T and WorldCom have seen their stocks come under heavy pressure. AT&T`s stock price has tumbled from just over $50 in April to just under $20, and WorldCom`s price has dwindled from over $50 in January to around $15 today. These companies will face tough scrutiny from Wall Street next year, and that will have an effect on the way they spend. And a drought in the capital markets means access to capital will be hard for newer local phone companies like Covad Communications (COVD:Nasdaq - news) and NorthPoint Communications (NPNT:Nasdaq - news), Hodel notes "The outlook is gloomy for these companies, and many that need more capital to build their businesses could go out of business or will be acquired."

And it`s not just the technology sector that`s affected. Other U.S. companies are scaling back their expenditures for 2001, but in most cases not as drastically as the telcos, says Boldin, who sees an increase in spending of between 5% and 10% next year in most sectors. "It was 15% not so long ago, and this is not sustainable now that the economy has slowed."

So while it might be a well-recognized ploy for companies that woo investors by saying that spending will be flat, they might not be crying wolf in 2001, says Hodel. "There`s a lot of belt-tightening going on, so things will probably be different next year."


Diese gesamte Einschätzung widerspricht natürlich meiner vorgestern geäusserten Einschätzung.

Wolle mer mal sehen, wohin es nächstes Jahr tatsächlich geht.

V.Mac

[V.Mac]

Covad schiesst heute den Vogel ab, bisher rund 90 % Plus in USA !!!!

Und nur (?) wegen zweier Meldungen, eine vom Unternehmen selbst und eine von einer Research-Firma, The SUBWAY.com.

.......Covad Communications Group, Inc. (NASDAQ: COVD) is a provider of broadband communications services to Internet service providers, enterprise, telecommunications carriers and other customers. Be aware that a class action complaints involving COVD was filed on behalf of investors by the law firm of Milberg Weiss Bershad Hynes & Lerach LLP.

COVD has a 52 week high of over $66 per share, and while volume is dramatically increasing in the stock, CRG feels that a rebound is possible depending on the outcome of the lawsuit. Watch for news on this stock. It has the potential to rebound if better numbers are releases in the future....

und jetzt die Firmenmeldung :

Covad Safety Net Program Offered to DSL Customers; Program Helps Customers Maintain Covad Service While Switching ISPs
MONDAY, DECEMBER 11, 2000 7:00 AM
- BusinessWire

SANTA CLARA, Calif., Dec 11, 2000 (BUSINESS:COVD), the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, today announced it is offering Covad Safety Net, a program which provides Covad broadband customers an opportunity to maintain Covad service while switching ISPs. The program is available to customers of financially distressed ISPs.

This program was put together in response to requests from customers who contacted Covad saying they felt their current ISP wasn`t properly supporting them and wanted assistance in finding an alternative broadband provider.

Available starting today from Covad`s website (www.covad.com), Covad Safety Net is an organized transition program offering affected customers a DSL connection and Internet Protocol (IP) services to either an ISP in the program or through COVAD.net, Covad`s direct Internet service. The transition fee will be waived and the switch to a new provider will occur with minimal interruptions to the customers` DSL connections.

"Supporting small business and residential customers who want broadband is the most important aspect of Covad Safety Net," said Chuck McMinn, Covad chairman. "We set up this program to offer broadband Internet services when customers feel their current ISP can no longer support them. By establishing Covad Safety Net, we are providing affected customers with a simple way to change service providers, while maintaining their broadband Internet connections."

DSL customers who feel their current ISP is not supporting them can see if they are eligible for the program by accessing Covad`s website at www.covad.com. By clicking on the Covad Safety Net button located on Covad`s homepage, customers will learn if they qualify for the Covad Safety Net program. Customers who qualify for the program will be guided through the Covad Safety Net process and assisted in getting DSL from either COVAD.net or an approved ISP.

Over the past four years of business, Covad has transitioned many DSL lines for customers that elected to switch ISPs through a proven, reliable ISP switching process. Covad is working to ensure that, where appropriate, customers are well informed of the Covad Safety Net process and are prepared for the transition to a new service provider.

"We worked diligently to make the Covad Safety Net experience as automatic, seamless and painless as possible for the customer and the affected ISP," continued McMinn. "We`re trying very hard to manage a difficult situation with as little customer disruption as possible."

The first set of customers began the Covad Safety Net process last week. Covad is in the process of transitioning 2,000 business and consumer DSL customers to either COVAD.net or to one of the approved ISPs. The transition is an automated switch, with all trouble shooting handled remotely. If for any reason the line is not transferable, the customer will need to re-order service and be reconnected through COVAD.net or an approved ISP.

"The Covad Safety Net program is a great solution for everyone involved," said Keith Markley, president and chief operating officer of DSL.net. "As a participant in the program we are in a position to help customers maintain their broadband connections. We support the customer and are working with Covad to transition connections as smoothly as possible."


Also eventuell haben wir heute den Umkehrpunkt gesehen.

Gestern noch auf Jahrestief und bis heute fast verdoppelt !

V.Mac

[Jockey]

hi leute,

habe covad bei 3$ in den usa gekauft...hier folgende meldungen von hammer online (www.hammeronline.com).

Friday, December 1, 2000

"Hold on to Covad (COVD:NASDAQ). It?s currently trading at US$2 and is as cheap as they come for an industry leader with triple-digit growth potential.

I put out a buy on Covad below US$6. It was at US$3 by the time you received the newsletter. Obviously, I think this is a better price. The stock was cut in half due to the old class action lawsuit.

I?ve seen this more than once. In fact it happened to Manugistics (MANU:NASDAQ), one of the companies I used in my example when explaining this Covad trade. These lawsuits are generally settled out of court and are paid in stock. So shareholders dilute themselves to pay for a settlement to themselves in shares. The only winners are the lawyers. If you don?t like it, stop electing the bastards to elected office.

Take a one-year view and stick with Covad."



November 14, 2000

"This company might just be the best buy of the year ? and the time to buy it is now!
Make 482% over the next 18 months from this DSL Broadband company.

You know the drill: the dot-com dead pool has been growing faster than the implant business in Nevada. The Globe.com, Dr. Koop.com, CyberianOutpost.com... I could go on but I?ll spare you the litany of bubble-to-bust bromides and trite platitudes regarding tulip manias and Austrian economics.

It?s now November. October has cleared away the last of the bullish sentiment. According to the Consensus Index of Bullish opinion published in Barron?s, the bullish opinions have declined from 45% to 37% over the past three weeks. This is a contrarian indicator, which assumes that most analysts are wrong at turning points in the market.

The same goes for the put/call ratio which has dropped below 0.60. Anything below a 1.0 is a buy; above a 1.70 is a sell. This chart simply measures investor sentiment. Again, it?s a contrary indicator.

The fall to grace
Its time to reevaluate the current investment climate. Over the past year we?ve had a series of bad tidings, ranging from interest rate hikes to a surge in the price of oil.

The Hammer believes that the sell-off in the U.S. markets has overshot. And based on certain factors, now is the time to buy bottomed-out technology stocks. Specifically, in the worst of the lot ? the broadband Internet industry. But first let me tell you why the big picture will become more benign for investors.



<9922_images/trans.gif> The price of oil will drop
Oil is a cyclical industry that takes from one year to eighteen months to cope with changes in supply and demand. I believe the price of oil has topped and is heading back into the low $20s. Prices recently plunged about $1 a barrel in anticipation of a hike in OPEC?s output, their fourth this year.

OPEC has an automatic supply increase mechanism. If oil trades above $28 a barrel for 20 straight business days then OPEC spits out an additional 500,000 barrels a day. Cheaper oil benefits transportation companies. The transports have been on an upswing; utilities have also been rising. Both of these are leading indicators.

<9922_images/util.gif> Drop in rates
Furthermore, there is every indication that the mythical soft landing is going to happen. The wealth effect bubble of personal spending is moderating. Personal consumption rose by just 2 percent in Q3 and core inflation rose by only 1.9 percent. This isn?t the rabid double digit inflation coupled with high energy costs and skyrocketing gold prices that so many 45 year olds keep warning me about. Gold is priced at $265 an ounce. Not even close to $800.

I believe these conditions leave room for a 50 basis point cut in interest rates by the Fed over the next year. Anyone who has been in the market over the past three years knows that when the Fed cuts rates ? Wall Street turns exuberant.

Further catalysts for earnings growth and a bullish 2001 include the massive spending by congress with its record surplus. Pork might be bad for long term economic gains in this country, but it?s fantastic for short-term increases in earnings.

<9922_images/manu.gif> There is only one conclusion you can reach after digesting these disparate circumstances ? The time to buy is now!

Buy the dips for long term gains
Last year, I recommended Manugistics (MANU:NASDAQ) after it got crushed on a slow down in revenues based on Y2K fears. I played the bounce from $13 to $21. It then went to $6 on its way to $107. Volatility can work for you.

Or check out Ciena (CIEN:NASDAQ). Here is a stock that went from $50 to $4 after being dropped by Cisco. It has since climbed back to a high of $154! Outstanding!

<9922_images/cien.gif> Now I?m not saying that every big tech you bottom fish for is going to be a huge winner. I am saying that if you take a two-year time horizon and buy solid companies shortly after the blood bath you will be rewarded.

Slow dial-up connection ahead
One of the many industries that has been taken to the woodshed is broadband Internet. The market has a tendency to sell-off great companies just before they get their act together. Day traders and IPO hypsters, uh I mean underwriters... Make big promises with short time horizons in new technology. When these expectations aren?t fulfilled they sell ? fast and furious.

And given that there are no fundamentalist value fund guys following these types of plays, they tend to lose up to 90 percent of their value. This is where The Hammer works for you.

With a broader understanding of business models, a shakeout of the wannabes, consolidation in the industry and this year?s macro-economic picture... I believe that certain market leaders ?which are expected to grow more than 300 percent next year and are trading at less than book value! ? could legitimately increase by more than 500 percent over the next year and a half!

The company I?m about to elucidate on below has the lead in market share and is trading under $6. Preposterous.

Problem solvers
If you?d let me switch gears here I?d like to say that the Internet still sucks. I am disgruntled that the Internet remains impossibly slow. So slow, in fact, that three-quarters of all online shoppers abandon their carts before checking out. More than once, Datek has told me to try again later. That?s reprehensible. And I have a T-1 line.

And forget about dialups at home. Every time your mother-in-law calls, you get kicked out of your favorite MP3 site.

These problems were supposed to be solved by now. We were promised speed, movement, go ? go. I want bits and bytes zooming around like Jeff Gordon at Taladaga. But no, don?t even try to go to your favorite portal on a Friday afternoon when the whole working population of North America is visiting NOOF sites or checking out the latest exploding whale.

Fiber to the home, satellites, DSL ? these were the problem solvers. What happened?

Digital Subscriber Line
DSL is broadband to the home that allows for fast Internet service over existing copper wiring. It is a technology that has been around for 11 years but hasn?t been implemented to any great extent, due to the fact that regional Bell operating companies (RBOC?s) have been lethargic and dull in their implementation.

RBOC?s must flip a switch at their central office (hook up a node at their DSLAM). They are descended from a monopoly and believe that they shouldn?t cooperate with any new idea that might increase competition.

There have been a series of court battles to speed up the process. Covad has won these fights, including a recent $750,000 lawsuit against Bell South. Furthermore, new legislation and an enforcement arm of the FCC seems to have had the effect of speeding up the cooperation of these RBOC?s. The Hammer believes that the customer service problems and time drags for installing DSL will be solved going forward.

<9922_images/covd.gif> The Covad story ? a beaten down leader
Once upon a time, Covad was the darling of Wall Street. In fact a mere 9 months ago, in March, its share price was at $66. Covad came out of the gate in February of 1999 riding the wave of Internet mania. Retail investors and analysts alike saw the four-digit growth rate and sent the company into the stratosphere.

We all remember March of this year, when bubble finally burst. The liquidity dried up and the dot-coms were sent to money hell. The good were taken down with the bad.

And then last week the bottom fell out. Covad announced that it has had problems collecting money from smaller ISP?s and telecoms. This is due to the massive shakeout of the telecom industry. Covad missed its revenue growth numbers by a mere $14 million (money that it is still due and might be collected in Q4). The market rewarded this announcement by sending its shares into the toilet.
REVENUE Note: Units in Thousands of U.S. Dollars
1997
1998
1999
2000
MAR
0
186
5,596
41,807
JUN
0
809
10,833
58,160
SEP
0
1,565
19,141
66,653*
DEC
26
2,766
30,918
?
Totals
26
5,326
66,488
166,620*
EARNINGS PER SHARE
1997
1998
1999
2000
MAR
-0.004
-0.260
-0.373
-0.730
JUN
-0.036
-0.740
-0.407
-0.860
SEP
-0.107
-1.227
-0.470
-1.220*
DEC
-0.164
-1.313
-0.530
?
Totals
-0.311
-3.540
-1.780
-2.810

Massive growth, low down payment
But let me remind you. The Internet is real. Hundreds of millions of people use it every day. Money will be made. And the time to buy is when nobody wants anything to do with it. Over the last year, Covad grew revenue by 1148%. Granted, it?s growth off of a low base, but in 2001 that number is expected to be 300%.

That means Covad is expected to have almost one billion in revenue next year. Its current market capitalization is only $800 million!

It is trading less than book and at less than one times forward revenue. That?s as cheap as they come for an industry leader with triple digit growth!

And it gets better!
The market acceptance of DSL is only at 3 percent. Covad owns 17 percent of this three percent. There is plenty of room for fiber to the home (our MDTV play) and DSL, as well as cable. Technologically, cable isn?t up to snuff for two-way internet broadband capability. So, start from that basic idea that everyone wants broadband, and DSL should end up with some portion of market share.

RBOC deals and desires
The biggest concern most people have regarding bombed out companies is that they won?t be around in a couple of years. Covad recently signed a monumental distribution deal with SBC Communications. SBC is the only telecom stock that has actually gone up over the past year.

SBC will resell Covad DSL connections nationally. This deal guarantees Covad $600 million in revenue from those sales over the next six years. Furthermore, SBC will buy 6% of Covad for $150 million. That price equals SBC?s buy at $15 on the share price. That?s more than a 150% premium over Covad?s current market value.

Given the 300 percent growth rate going forward, the new enforcement of competitive legislation, the SBC partnership and the ever important possibilities of a buyout by a larger telecom, such as AT&T... Covad seems like a screaming buy under $6 a share."



ich bin mit dem heutigen tag wieder plus minus - aber wenn ihr die bewertung seht, sind 3 $ immer noch lächerlich.

tip: auf covad.com das investor information package bestellen (unter ir)

gruss,
jockey

[pinklady]

Hallo Jockey
Kannst du mir in groben zügen sagen, was das auf deutsch heißen soll?

[V.Mac]

Normal, daß heute ein Teil der gestern erzielten Gewinne wieder abgegeben werden.

Und News gibts auch zur Einschätzung der finanziellen Lage bei COVD und die weiteren Aussichten fürs nächste Jahr.

UPDATE 2-Covad`s slower growth to produce smaller sales
TUESDAY, DECEMBER 12, 2000 10:54 AM
- Reuters

(recasts, adds details throughout)

NEW YORK, Dec 12 (Reuters) - High-speed Internet access company Covad Communications Inc. on Tuesday outlined plans to slow its growth in order to save cash and cut its losses, but its stock fell after it said revenues through 2001 would fall below Wall Street expectations.

Shares of Covad (NASDAQ NM:COVD) were down 15/32, or 15 percent, to $2-9/16 on Nasdaq. Covad`s stock has lost 93 percent of its value this year amid a broad sell-off in technology stocks.

Covad said it would concentrate on filling its existing network with more customer traffic rather than adding new lines and extending its geographic reach.

It also plans to focus on serving financially secure customers, renegotiate some client contracts and exit others, and reduce its exposure to customers who cannot pay their bills.

Santa Clara, Calif.-based Covad is one of several Internet-access companies that have been hurt as their Internet service provider customers have failed to pay for services received or have declared bankruptcy.

Covad, which provides wholesale high-speed Internet access over telephone lines using digital subscriber line technology (DSL), recently restated its third-quarter results and said it would cut its work force by 13 percent.

"To conserve cash, we will go only after the most attractive business, which will mean less (access) lines and less revenues than previously expected. This will significantly improve our cash position by reducing EBITDA losses and capital expenses," Covad`s interim chief executive Frank Marshall said in a conference call with analysts and reporters.

EBITDA is earnings before interest, taxes, depreciation and amortization.

Due to the slower growth plan, Covad said installed lines in service for the fourth quarter are expected to be 270,000. It said lines in service at the end of 2001 will total between 440,000 and 460,000, which is below Wall Street expectations of 680,000.

Slower line growth will cut revenues. The company said it now expects revenues of $60 million to $65 million for the fourth quarter and $380 million to $390 million for 2001.

Covad also said it expects to post a fourth-quarter loss on an EBITDA basis of $180 million to $190 million, and it will take a restructuring charge related to the job cuts of up to $20 million as well.

While Covad did not supply per-share figures in its forecast, analysts had been expecting the company to report a fourth-quarter loss of $1.34 per share, according to First Call. Analysts expect the company to lose $5.46 per share in 2001, according to First Call.

The decision to spend less money to expand its business will shrink 2001 EBITDA losses to a range of $450 million to $470 million, compared with current expectations of losses of $550 million, Covad said.

"We are going to grow the business with lines that get us to break-even and profitability faster," said Covad Chairman Chuck McMinn.

Covad said 14 of its Internet Service Provider (ISP) customers, who sell DSL directly to consumers, are "troubled," and four of them have filed for bankruptcy protection. They represent about 26 percent of Covad`s installed lines.

About 32 percent of its lines include "potentially troubled" customers who are currently paying their bills on time, it said. The other 42 percent of its lines include financially sound customers such as AT&T Corp. (NYSE:T).

Covad on Monday announced a program for its DSL customers that would allow them to switch from these troubled ISPs to others with no fee.

Other DSL companies facing problems include DSL.net Inc. (NASDAQ NMSLN) and NorthPoint Communications Group Inc. (NASDAQ NM:NPNT), whose financial deterioration led No. 1 U.S. local phone company Verizon Communications (NYSE:VZ) to cancel its planned $800 million acquisition of NorthPoint.


Bitte beachtet auf Grund der reduzierten Erwartungen auch die weiter oben gepostete Meldung von jockey bzw. Hammer, die von ganz anderen Zahlen ausgehen.

bei Hammer : Revenues bis 1 Billion(=Milliarde in D) USD, bei Covad selbst (wohl auch realistischer) nur rund 390 Mio USD.

Aber auf Dauer bin ich zuversichtlich !

V.Mac

[Jockey]

du hast vollkommen recht, mittlerweile wurden die erwartungen gerade halbiert. aber bedenke das damit immernoch ein kurs von 7-8 $ mehr als berechtigt waere.

[Bernardo]

FTD v. 29.12.00
DIGITAL BROADBAND US-Anbieter von Hochgeschwindigkeits Zugängen
mittels DSL geht in Konkurs! Investitionen zu teuer entsprechend
geringe Nachfrage wird als Grund genannt. Sieht das bei Covad
fundamental anders aus?

[V.Mac]

Also die letzten Meldungen lassen eher anderes vermuten.

a) knapp 400 Leute entlassen zur Kostensenkung

b) Covad Announces Operating Statistics for the Fourth Quarter and 2000; Covad Exceeds Line Expectations for Fourth Quarter
MONDAY, JANUARY 08, 2001 5:30 AM
- BusinessWire

SANTA CLARA, Calif., Jan 8, 2001 (BUSINESS:COVD), the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, today announced operating statistics for the fourth quarter and 2000.

Covad ended the year with the following operating results:

Lines in Service

-- 274,000 total lines in service
-- Approximately 50 percent of total lines were business lines
and 50 percent were consumer lines
-- 3 percent of total lines were sold directly to end users and
97 percent were sold through Covad resellers

Line Sharing

-- Over 17,000 line shared lines were installed this quarter
compared to 400 line shared lines installed in the third
quarter
-- Covad expects the number of line shared lines to increase as
operational processes continue to improve with the incumbent
local telephone companies
-- Success in installing line shared services varies
significantly with the different incumbent local telephone
companies

Non-Revenue Generating ISPs

-- The number of lines that Covad is not recognizing revenue on
is approximately 92,000
-- The number of ISPs for which Covad is not recognizing revenue
has increased to 19
-- Four of the 19 ISPs have filed for bankruptcy protection

Covad Safety Net Program

-- In less than three weeks, approximately 1,500 lines
(representing 30 percent of lines from two ISPs) were
transitioned to Covad.net or another ISP through the Covad
Safety Net program
-- Covad will be working with additional ISPs in the first
quarter to transition more lines in an effort to maintain end
user`s broadband connections

"We continue to excel operationally on many fronts. We beat line expectations for the quarter, we have transitioned to a line shared process in our consumer business and we are converting distressed lines through our Covad Safety Net program," said Chuck McMinn, chairman of Covad. "This continued strong operational performance combined with a strict focus on maximizing efficiency in the business, will help us demonstrate significant progress along our new plan for 2001."



Relativ gute und über den Erwartungen liegende neue "lines"

Also, vielleicht kann sich COVD ja wieder fangen und nach Norden durchstarten.

V.Mac

[V.Mac]

Tja, heute könnte es mal wieder so aussehen, als obs langsam wirklich wieder nach Norden ginge !

Ordentlich für heute !

V.Mac

[Bannerman]

Die Überschrift dieses Threads scheint auch für die aktuellen letzten 5 Tage zu gelten.
Anscheinend hat Covad ihr Geschäftsmodell den Gegebenheiten des Finanzmarktes angepaßt, was jetzt von den Investoren honoriert wird. Außerdem scheinen sie jetzt einer der verbliebenen DSL-Anbieter in USA zu sein (Marktführer).Nachzulesen bei:
http://www.thestreet.com/_yahoo/comment/streetsidechat/12783…
Steht wohl vor der Wiederentdeckung.
Gruß an alle verbliebenen Standhaften.

Nachdem QSC monatelang an Covad gemessen wurde, holt Covad jetzt vielleicht bis auf den gegenwärtigen Stand von QSC auf(derz. 6,2 Euro). Covad hat heute einen Stand von 5,4 Euro.

[laab]

COVAD macht Spass-viel Covad macht viel Spass.
Ist zwar nicht sehr professionell aber trotzdem richtig.
PS: mal den Gesch.Bericht genau lesen UND sich über DSL bei uns ...........in 1-2 Jahren .............etwas informieren.
@laab

[Jockey]

klar an einem tag wie heute ( +44,87% ) sind mal wieder alle seit jahr und tag in covad investiert. aber egal ich freu mich mit euch - habe covad schon ein paar tage länger. lasse die aktie liegen ... warum?

ihr solltet euch das invester paket schicken lassen (mail an [e-mail] genügt)

[V.Mac]

heute, was ja auch völlig normal nach der letzten Woche und besonders des letzten Tages ist, kommts zu Gewinnmitnahmen.

Langfristig bin ich nach wie vor davon überzeugt, daß wir wieder 2-stellige Kurse sehen.

V.Mac

[Bannerman]

Mal schauen, was Alan Greenspan zur Zinssenkung sagen wird. Ist ziemlich wichtig für covad, da sie mit ihren hohen Schulden unmittelbar von einer Senkung profitieren werden.

Auf der einen Seite geben sich alle so optimistisch, daß die Zinsen um 50 Basispunkte gesenkt werden.Auf der anderen Seite wurde heute nur vorsichtig gekauft bzw. Gewinne mitgenommen.

Entweder kommt morgen die große Enttäuschung, und die Kurse gehen in den Keller, oder die Leute haben doch nicht auf die Senkung vertraut, und die Rallye wird nachgeholt
(->Morgen)

Ich glaube, daß in der 2.Jahreshälfte Breitband ein großes Thema sein wird. Die Prozessorgeschwindigkeit bei Computern wirkt sich kaum noch auf Leistung aus.Anders bei der Internetzugangsgeschwindigkeit. Hier werden ganz neue Dienste geschaffen.

Napster verzeichnet rasend schnelle Zuwachsraten. Um dieses Programm sinnvoll zu nutzen, benötigt man einen Breitbandanschluß. Ähnliche Programme für Filme werden folgen, sehr zum Unwohl der Medienindustrie. Die einzigen, die daran verdienen werden, werden die Telekommunikationskonzerne sein.

[Bannerman]

Könnte Covad ein verkannter Star sein?

Covad weist derzeit eine Marktkapitalisierung von nur ca 565 Mio $ aus.Laut letztem Quartalsbericht besaß es allerdings Cashreserven in Höhe von 900 Mio $.
Quelle:
http://biz.yahoo.com/p/c/covd.html

Im Laufe des letzten Jahres hat Covad 96% an Marktkapitalisierung verloren. Es stellt ca. 272.000 Anschlüsse bereit.Aufgrund der Zahlungsunfähigkeit einiger ISPs generierten 30% davon bislang keine Einnahmen.Auch belasten hohe Anfangsinvestitionen das Ergebnis.

Einige andere DSL-Anbieter sind Pleite gegangen bzw haben noch höhere Einbußen des Aktienkurses hinnehmen müssen.

Mittlerweile hat Covad die Geschäftsstrategie geändert. Statt den Marktanteil aggressiv auszuweiten, soll verstärkt die Rentabilität erhöht werden, um früher den breakeven zu erreichen (Ende 2002 statt Mitte 2003).
Covad hat in USA den höchsten Marktanteil bei DSL. Möglicherweise kann durch den Wegfall einiger Konkurrenten (NorthPoint)der Marktanteil gesteigert werden.
Highspeed-Internet ist eines der aktuellsten Themen im TMT-Bereich. Hier könnte deutliches Erholungspotenzial da sein.

Die nächsten Quartalszahlen kommen Ende Februar.Bei einer Markterholung/Stimmungsumschwung könnte ein außerordentlicher Kurszuwachs (Wunschdenken)möglich sein.

Covad ist ein spekulatives Investment.Auch die Kursentwicklung Dollar/Euro ist zu beachten.

Dies kann und soll keine Anlageempfehlung sein. Ich finde Covad aber nach anfänglicher Skepsis toll.

[V.Mac]

@ bannermann und den Rest

Du sprichst mir aus dem Herzen, habe die englischen
Orginalmeldungen gerade auch gelesen. Insoweit kann ich
also deinen Ausführungen voll zustimmen. Bezüglich der
kurzfristigen Kursentwicklung ist beides möglich. Sollten
die Verluste, die am 27.2.01 bekannt gegeben werden
(deutlich) geringer als 1,5 USD/Aktie ausfallen, wirds
ne Explosion nach oben geben, Richtung 2-stellige Kurse.
Sollten allerdings die Zahlen schlechter als die 1,5 USD
Verlust ausfallen, wird wohl noch mal das Tief vom
Jahresende getestet. Übrigens, die Erwartungen habe ich bei
cordwhisper. com oder so ähnlich gefunden.

Auch nicht zu vernachlässigen ist, wie und womit eine
vollkommene Restrukturierung begründet wird und wie sie
umgesetzt werden soll.

Wenn das die Anleger glauben/überzeugt werden, sollte es
positive Auswirkungen haben.

V.Mac

[Bannerman]

Hi V.Mac!!!

Gibts Dich auch noch!
Ich glaube,wir sollten uns nichts vormachen, der Kurs wird in Amiland gemacht. Weißt Du sicherlich, bist schon länger dabei. Ich würde gern eine Wette abschließen: ab 1.10. ist der Kurs 25 Euro. Falls er darunter bleibt, schicke ich Dir eine Kiste Becks. Ansonsten viceversa.

Bannerman

[Bannerman]

Eine Warnung:
Ich habe Schröder als Kanzler vorausgesagt, bevor klar war, ob Lafontaine oder er Kanzlerkandidat der SPD wurde (vor der entscheidenden 48% Niedersachsen-Wahl), Dezember 97.

Allerdings habe ich nicht vorausgesehen, daß QSC 75 % und DTE. 50% an Wert verlieren würde.

Aber bei COVD ist die Gefahr nicht so groß.

[V.Mac]

Na das ist mir aber ne Freude !

Mein Lieblingsbier ! Woher weisst du das? Wo soll ich es denn abholen ?
Auf der anderen Seite : 1.10. lässt natürlich Spielraum. Könnte ja auch 2005 sein.

Bezüglich Kursrückgang bei COVD hast du (leider ) auch recht, COVD hat immerhin bisher schon über 90 % verloren.

Da bleibt nicht mehr viel Luft, aber kurzfristig sind auf jeden Fall, je nach Zahlen, auch noch mal 50 % minus locker drin.

Also bis 1.10.2001 sehe ich eher die 10 Euro / Dollar-Marke als Ziel. Wäre ja vom jetztigen Kurs immer noch ne Verdreifachung (rund) und damit nicht schlecht und ich aus meinen Miesen.

Bis bald

V.Mac

[Bannerman]

25 Euro:
Wenn man sich das mal vorstellt, ist das gar nicht so schwierig. 2 mal gute Nachrichten, der Kurs springt jeweils 80% und am darauffolgenden Tag nochmal 20%, und dann über das Jahr verteilt 10 kleine Anstiege von je 10%, und
SCHWUPS sind wir bei

25 Euro

Bleiben ja noch 8 Monate.

[Bannerman]

Nasdaq Intraday
http://quote.yahoo.com/q?s=COVD&d=1d
Täglich geöffnet zwischen 15,30 h und 22,00h

[V.Mac]

Heute ists lt. Videotext auf NTV Seite 211/5 wieder mal so weit:
+ 30,1 %

Na bitte !

Allerdings ist das relativ zu sehen, da in USA keine Kursexplosion stattfindet. Ist wieder mal viel mehr ein Werk der deutschen Makler !

V.Mac

[Bannerman]

Risky But Compelling:

DSL carrier Covad eyes second act
High-speed Internet supplier says don`t count it out yet
By Jeffry Bartash, CBS.MarketWatch.com
Last Update: 3:01 AM ET Mar 21, 2001


WASHINGTON (CBS.MW) - The story of Covad Communications and Wall Street reads like a Hollywood romance. Love at first sight. A sizzling courtship. Then, hurt feelings. Tabloid headlines. And, finally, a bitter separation.

Except that the separation isn`t final. And it won`t be if Covad co-founder and chairman Chuck McMinn can help it. Indeed, he aims to rekindle the relationship that once made the supplier of high-speed Internet connections one of the sexiest names in the telecommunications industry.

It won`t be easy. The stock rests at $1.50 - a whopping 98 percent off its all-time high. Press coverage has faded. Wall Street has lost interest. Bigger competitors such as the Baby Bells lurk at every turn. Some customers can`t pay their bills. Covad`s finances are in flux. More than one-quarter of the staff has been laid off.

Still, McMinn has a compelling story to tell. He correctly notes that demand for high-speed Internet access over ordinary copper phone lines, a service called DSL, is huge. At present, only 6- to 8 percent of all U.S. Internet users have high-speed access, he points out.

All the company has to do, he insists, is keep adding customers to its network, which can reach nearly half of all U.S. homes and small businesses, and big profits await.

At the end of 2000, the company served about 20 percent of the 2.2 million North American DSL users, on par with Verizon (VZ: news, msgs, alerts) and trailing only SBC Communications, according to RHK. The North American DSL market should top 18.5 million by the end of 2004, the research firm said in a recent report.

While Covad has slashed this year`s estimate for total DSL lines installed to 440,000- 460,000 from an earlier projection of 650,000, that would still represent robust growth of 61 percent to 68 percent over the 274,000 lines installed at the end of last year.

"Just because DSL companies, ours included, aren`t making money today doesn`t mean they can`t make money. They make money when they get enough subscribers on the network," McMinn told CBS.MarketWatch in an interview. "We are making money in some of our oldest markets - San Francisco, Los Angeles, San Diego, Seattle. It`s just that our newer markets haven`t been open long enough to be profitable."

The big question is, can investors wait until they are?

High riser, high roller

It wasn`t always that way for Covad (COVD: news, msgs, alerts) . The company burst on to the scene in January 1999, when a stock priced for initial sale of $18 opened its first day of trading at $40.50. Slightly more than a year later, in March 2000, Covad peaked at nearly $67.

Flush with publicity and a high stock price, Covad easily raised - and spent -- millions more on rapid expansion. The ambitious strategy was fueled in part by pricey acquisitions carried out under the equally ambitious Chief Executive Robert Knowling, a Baby Bell expatriate with grand designs on beating his former employers at their own game.

"Everyone went for a land grab, and everyone overgrabbed," said Don Sinsbaugh, vice president of research at Punk Ziegal, a firm that focuses on high-tech and biotech companies.

At the time, Wall Street`s ardor for Covad was easy to see. The Internet boom was reaching a crescendo, and investors suddenly realized that millions of consumers and businesses would need much faster access to take full advantage of the Web. The Baby Bells, which had actually developed DSL service years earlier, seemed uninterested. For Santa Clara, Calif.-based Covad and companies like it, here was a chance to seize control of a great growth market.

The collapse of the boom ended all that. Within a week after Covad hit an all-time high, the stock market started a yearlong retreat. Investors turned bearish on independent DSL carriers, and any bad news at one company hurt the group as a whole. Capital markets soon shut off the spigot to companies like Covad, whose very existence depended on debt financing.

"It`s sort of a catch-22. They had us build a big network that required a lot of subscribers, then turned off the capital flow at just the point we were adding those subscribers," McMinn said. "It`s like building a 20-screen cinema and not hiring the ushers to take the tickets."

Under pressure from investors, industry analysts say, Covad`s board moved to dump Knowling. McMinn, who ran the company from 1996 until Knowling came aboard in 1999, was re-instituted as chairman. Frank Marshall, a former Cisco Systems executive, was named chief executive.

Getting fit and trim

McMinn acted fast. Within weeks of taking over, he broke the news to Wall Street that Covad would have to reduce initially reported third-quarter revenue and increase its loss. The reason: more than a dozen Internet service providers, which teamed up with Covad to offer DSL to individuals and small businesses, could not meet payments. Like other high-tech companies, they had fallen prey to slowing economic growth and stingier capital markets.

Soon thereafter, Covad issued a series of announcements in which it unveiled plans to cut one-fourth of its 3,700-member workforce, close 260 central offices, curb expansion and scale back on spending - all in an effort to conserve the company`s dwindling though still substantial pile of cash.

The last blow fell in late February, when Covad postponed the release of fourth-quarter earnings and saw trading in its stock temporarily halted by the Nasdaq. The company said it was reviewing its accounting practices, which would result in lower fiscal 2000 results and up to $100 million restructuring charges. The revised numbers should be issued soon.

If the company has any chance to recover, analysts say, it`s got to get all the bad news out of the way once and for all.

"This is the last chance to get to the bottom and begin from there," Sinsbaugh said. "And they`re well aware of that."

Going for the green

In making over Covad, McMinn, an experienced hand in the venture capital business, aims to attract institutional investors again. Just as important, he hopes to ensure that Covad has enough cash to last until the end of 2002, when the company hopes to start generating positive cash flow - basically the ability to pay bills out of its own pocket.

In the first nine months of 2000, Covad lost $433.5 million on sales of $156 million, and it`s expected to lose a similar amount this year.

With $900 million in the bank at the end of last November, Covad needs to find new sources of financing within the next six to nine months, analysts say. It`s only got enough green stuff right now to last until the first quarter of 2002.

"In the long term, they need financing, period," said David Burstein, editor of DSL Prime, an industry newsletter. "The nature of the business is that you need a lot of financing the first four or five years, and then after that, you should be profitable."

To get that financing, Covad has to show good subscriber growth in the first nine months of 2001 and prove that it`s got expenses under control. "We need to demonstrate to the market in the first, second, third quarter that we`re on that plan," McMinn said.

If that`s the case, he believes, funding won`t be hard to come by. "The amount of capital we need to get to cash-flow positive - we can raise that capital from private sources," McMinn said. "There are plenty of smart, private sources that recognize a great economic deal when they see one."

Meeting the more modest subscriber growth and revenue targets, however, is not necessarily a given. Covad is cutting back on marketing and outreach at the same time the Baby Bells are ratcheting up efforts to sell their own brand of DSL service.

Kelly Dougherty, a broadband analyst at RHK, said the Bells possess an array of advantages -- size, brand name, economies of scale, established marketing channels and millions of phone customers who could be potential DSL subscribers.

"I think it`s going to be dominated by the Bells," Dougherty said. "Certainly there is an opportunity there (for Covad), but it`s a matter of capturing it in a timely fashion."

Getting down to business

Covad`s goal is to attack the small-business market, which the Bells have largely ignored. Right now, the company`s customer base is evenly divided among small business and consumers. McMinn would like to boost the ratio to 60-40 in favor of business.

"The margins are much lower in the consumer market," Dougherty noted. "The real money is in the business market."

Yet even that market could become more competitive. Covad could face competition from independent local phone carriers that are moving to offer more data services; or, perhaps more likely, the Baby Bells could launch a broadside by cutting prices on T1 lines, an older but more reliable and secure high-speed technology. Prices for whole or partial T1 lines have already shrunk since DSL exploded onto the scene a few years ago.

On the bright side, Covad has already built a large network and doesn`t need to spend as much to maintain it. Moreover, prices for data transport are declining amid an industry glut and the cost of semiconductors used in DSL networks has also plunged.

"They`re costs are going down dramatically," said Burstein, the first industry analyst to sound a cautionary note when DSL stocks soared in early 1999. Back then, he argued that the Bells wouldn`t sit on their duff forever and let a bunch of upstarts dominate a lucrative new market.

What could also help Covad is the U.S. Federal Reserve`s string of interest-rate cuts designed to reinvigorate the economy. "With rates falling, money will be freer and more available for investment," said Sinsbaugh, who`s optimistic that Covad can ride out the current storm.

Staying alive

Even if McMinn pulls Covad out of its nosedive, the prevailing view among analysts is that the company will eventually get bought out. Indeed, SBC Communications (SBC: news, msgs, alerts) already owns a 6 percent stake and other large carriers have reportedly expressed interest.

McMinn, for his part, argues that Covad can go it alone. He notes that the company acts as a wholesaler for a number of big carriers, including AT&T (T: news, msgs, alerts) , WorldCom (WCOM: news, msgs, alerts) and XO Communications (XOXO: news, msgs, alerts) .

"If any of those tried to buy us, the others would stop giving us orders," he said. "That`s why SBC did the deal that they did with us. They recognized that it`s much better to be our partner and do business with AT&T, WorldCom and down the list, rather than to try to buy us out."

Certainly, it would be ironic if a Baby Bell bought Covad out. If not for companies such as Covad, the Baby Bells might still be sitting on DSL technology - an observation McMinn is rightly proud to point out.

"We built the largest footprint in the United States that covers 45 percent of all the homes and businesses in the country, basically from a standing start, in under three years," he said. "We people want DSL."

Whether they`ll get it from an independent Covad, however, is open to question. Check back for availability in six months.

Jeffry Bartash is a reporter for CBS.MarketWatch.com in Washington.

http://www2.marketwatch.com/news/yhoo/story.asp?source=blq/y…

[V.Mac]

Nun hab ich wieder einen neuen Termin für die Zahlen gefunden:

3.4.2001

gefunden unter http://www.earningswhispers.com/stocks.asp?symbol=covd

Mal sehen was rauskommt.

übrigens, unter http://www.justwhispers.com/whisper.php3
werden die Schätzungen bestätigt.

V.Mac

[Bannerman]

Hi V.Mac!
Wie kann das sein das die einfach den Termin eine weitere Woche nach hinten schieben?
Wahrscheinlich hatte fsch Recht, und die sind doch schon pleite, und der Aufschub dient nur dazu, das die großen noch zu einigermaßen vernünftigen Preisen rauskommen.

Dann bin ich leider gekniffen. Schade.

trauriger und enttäuschter Gruß,
B.

[V.Mac]

Tja, der Termin ist schon wieder verschoben, nämlich auf den 9.4.2001, nachzulesen unter http://www.earningswhispers.com/stocks.asp?symbol=covd

Ausserdem gabs in den letzten Tagen immer mal wieder ganz interesante Analystenstimmen zum allgemeinen US-DSL Markt.

Zu finden unter http://www.bigcharts.com/quickchart/quickchart.asp?symb=covd…

Was bleibt zu sagen : Momentan siehts tatsächlich nicht ganz rosig aus. Meine Hoffnung beruht momentan eigentlich nur darauf, das COVD genügend Cash hat bzw. neuen Cash bekommt, um die geplanten Entwicklungen wirklich durchzusetzten.

V.Mac

[V.Mac]

und heut ist´s Fass mal wieder voll.
glatt ein Drittel Kursverlust in USA. Ist nur noch was für Hartgesottene wie mich.
Leider ist fast die ganze Kohle futsch.

Da kann man mal wieder ins Grübeln kommen. Hätte ich doch beim ersten Kauf doch nen Stopp - Kurs gesetzt. Hätte ich doch nicht noch zweimal gutes Geld schlechtem hinterhergeworfen.

Meine zweite Santa Cruz.

Aber die halte ich diesmal aus, und wenn ich alt und grau werde.

V.Mac

[V.Mac]

Scheinbar wirds doch mal wieder besser:


Covad Announces Operating Statistics for the First Quarter of 2001
THURSDAY, APRIL 05, 2001 5:30 AM
- BusinessWire

SANTA CLARA, Calif., Apr 5, 2001 (BUSINESS:COVD), the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, today announced first quarter operating statistics as of March 31, 2001.

Lines in Service

-- 319,000 total lines in service, a 16 percent increase from
12/31/2000

-- Approximately 50 percent of total lines are business lines and
50 percent are consumer lines

-- Our direct channel, including covad.net and Covad Business
Solutions, represents seven percent of total lines while 93
percent were sold through Covad resellers

Covad Safety Net

-- Covad reduced the number of lines on which it is not
recognizing revenue to 51,000, which represents a 45 percent
reduction from December 31, 2000

-- Since December 31, 2000, the number of partners for which
Covad is not recognizing revenue has been reduced 32 percent
to 13 ISPs

-- Approximately 10,000 orders have been accepted from former
NorthPoint end users and 15,000 more are pending

Line Sharing and Self Installation

-- Approximately 31,000 line shared lines were installed during
the first quarter of 2001, an 82 percent increase over the
fourth quarter 2000

-- More than 21,900 users completed their installations with a
self installation kit provided by a Covad partner or by using
Covad`s newly introduced DSL JumpStart self installation kit

-- One consumer using the Covad DSL JumpStart kit reported that,
"The install process was seamless. Five days to get the Loop
going, four days later I received the self-install kit. I
figured that I`d have to make a phone call, coordinate line
problems, etc. Nope! I put the filters on the phone
lines...plugged in the modem and changed its IP addresses,
plugged in the power, plugged in the phone jack, powered
everything on and...BOOM...it was up. I was astonished!"

"Covad has shown that the ability to scale our business is a major strength and is key to our operational success," said Chuck McMinn, Covad chairman. "Our goal is to load the network and we are doing so by growing our line base and offering the Covad Safety Net for end users who have lost their broadband connection. Our performance in the first quarter gives us confidence that we can overcome the distressed partner issue and continue to grow our consumer business in a profitable way by utilizing line sharing and our new Covad DSL JumpStart self installation kit. We have also diversified our distribution channels with our big brand customers like Compaq, Avon and Sony and we are seeing results with growing direct sales. Should there be any doubts about the viability of the DSL market, our first quarter operational results show that demand continues to be strong and that Covad is on the right track since we adjusted our business operations to the rapidly changing market conditions."

About Covad Communications
Covad is the leading national broadband services provider of high-speed Internet and network access utilizing Digital Subscriber Line (DSL) technology. Covad offers DSL, IP and dial-up services through telecommunications carriers, enterprises, affinity groups, PC OEMs, application service providers, and Internet Service Providers that resell Covad DSL to homes and small businesses. Covad`s other subsidiaries include Covad Business Solutions, which provides customized broadband solutions directly to small businesses, and Covad`s Integrated Services (CIS) division, which enables companies and organizations to become virtual Internet and broadband service providers. Covad services are currently available across the United States in 109 of the top Metropolitan Statistical Areas (MSAs). Covad`s network currently covers more than 40 million homes and business and reaches approximately 40 to 45 percent of all US homes and businesses. Corporate headquarters is located at 4250 Burton Drive, Santa Clara, CA 95054. Telephone: 1-888-GO-COVAD. Web Site: www.covad.com.


Jetzt gehts hoffentlich wieder Richtung Norden.

Und noch einigermassen gute Zahlen am 9.4. und dann...........................................


V.Mac

[Bannerman]

@V.Mac
I am still on board. My offer stays valid until octobre.

All Time High,
Bannerman

[V.Mac]

und die nächste Nachricht war auch keine gute !

Vorerst Delisting (das mit dem "e" hinten dran) wg. nicht eingehaltener Verpflichtung zur pünktlichen Zahlenvorlage.

Covad gets delisting notice (COVD) By Michael Baron
Covad Communications (COVDE) is off 15 cents, or 13.6 percent, to 95 cents, after the Santa Clara, Calif., provider of digital-subscriber-line broadband services said it has received a delisting notice from the Nasdaq because of the delay in filing its Form 10-K for 2000. The company plans to request a hearing with the exchange to discuss its listing status this week. Covad added that it currently expects to file its Form 10-K and full 2000 results during the week of May 7. The company cited accounting complexities caused by the rapid growth of its business and the financial difficulties of some of its Internet Service Provider partners for the delays. "We are taking the extra time that is necessary for a full review of previously discussed issues," said Chuck McMinn, Covad chairman, in a press release.

Na das kann noch heiter werden. Bleibt nur zu hoffen, daß es möglichst bald wieder zurück zum NASDAQ geht, d.h. daß eben doch bald die Zahlen beigebracht werden und daß danach das Re-Listing wieder ansteht.

V.Mac

Oktober ???

[Bannerman]

Das es so schlimm kommt hätte ich nicht gedacht. Aber es war mir schon irgendwie klar. Entweder es gibt nen drastischen Anstieg, oder die Firma ist im nächsten Jahr pleite.
Glaubst Du, ein Re-Listing ist vor Oktober nicht mehr drin?

[Bannerman]

Ach so meinst Du Oktober, V.Mac!

Seitdem hat die Aktie schon 2mal dramatische Kurseinbrüche, und erst einmal ein, ebenso glänzendes, Comeback gefeiert. Klingt also ziemlich verrückt. Ich persönlich habe mein investiertes Geld schon "fast" abgeschrieben.

Trotzdem, bis Oktober kann wirklich noch viel passieren. Z.B. es taucht ein Investor auf, die Zinssenkungen fangen an zu greifen, die Nasdaq stürmt nach einer guten Quartalszahlensaison aufwärts, Covads Kostensenkungsprogramme wirken sich aus etc.

Covad ist jedoch derzeit ein absoluter "Zockerwert", den es vielleicht im nächsten Jahr nicht mehr gibt (Risiken)

Allerdings habe ich auch nicht vor, beliebig meine Aussagen zu ändern, nur weil es im Tagesgeschehen so fies aussieht. Was derzeit abgeht, ist eine ziemlich dicke Hysterie. Deswegen bleibe ich derzeit erstmal dabei. Vielleicht können wir ja wenigstens im Oktober zusammen ein Becks trinken.

Schöner Gruß,
Bannerman

[V.Mac]

Nun, COVDE hat lt. eigenen Angaben noch Cash bis 1. Quartal 2002 und lt der " Spokeswoman Martha Sessums " ist das Hauptaugenmerk auf jeden Fall auf ein Erreichen der Profitabilität nicht mehr um jeden (Wachstums)preis gerichtet. Da wird auch noch mal kurz auf das Schicksal von einigen DSL-Providern und Covad-Konkurrenten eingegangen.

Hier die ganze Meldung, von Bigcharts.com


UPDATE 1-Covad says received Nasdaq delisting notice
MONDAY, APRIL 23, 2001 2:19 PM
- Reuters

(updates with company comments, details, share price)

SANTA CLARA, Calif., April 23 (Reuters) - Broadband services provider Covad Communications Group Inc. (NASDAQ:COVD) on Monday said it received a notice of delisting from the Nasdaq exchange because it has not yet filed its earnings report for the quarter ended Dec. 31.

Covad said it would request a hearing with Nasdaq regarding its stock listing status this week, and would continue to trade on the Nasdaq National Market pending a final decision.

The company said it expects to file its quarterly earnings report and full 2000 results in the week of May 7, and said that should satisfy Nasdaq`s concerns.

Covad said the delay was due to an audit, related to new accounting rules and financial difficulties due to exposure to troubled Internet service providers (ISPs).

Spokeswoman Martha Sessums said the company had enough cash to last through the first quarter of 2002, and said it has shifted gears to emphasize achieving profitability rather than focusing on rapid growth.

"We`re completing our audit. We just need some extra time to get it done," Sessums said, adding that the company expected to keep trading.

Covad had to restate third-quarter earnings due to exposure to troubled and bankrupt ISPs. The company has said a new federal accounting regulation, known as SAB-101, would result in reduced revenue for 2000 of about $52 million.

Covad`s audit and late earnings come amid troubles in the digital subscriber lines (DSL) provider industry. NorthPoint Communications Group Inc. (OTC BB:NPNTQ) filed for bankruptcy early in the year and rival Rhythm NetConnections Inc. (NASDAQ NM:RTHM) faces Nasdaq delisting after its shares fell from nearly $111.5 in April 1999 to as low as 16 cents earlier this month.

Separately, PSINet Inc (NASDAQ NM:PSIX), a troubled ISP, on Monday said it had also received a delisting notice from Nasdaq. The company, which has warned it may go out of business or reorganize in bankruptcy, said it would not appeal the delisting.

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

Fakt ist zweifelsohne, daß in diesem Gesamtmarkt noch viel Potential steckt. Wer allerdings als auf diesem Markt überlegt, das sei ebenfalls mal dahingestellt.

Meine Meinung (und nur meine!) ist, daß COVAD den Kampf wohl gewinnen wird und nach Präsentation der Jahresabschlußzahlen am (ab) 7.Mai 2001 wieder ohne "E" gehandelt wird, d.h. es ist aus meiner Sicht ein Wiederaufnehmen im regulären Handel möglich.

Da immer mehr Mitbewerber die Segel streichen, sollte es für Covad möglich sein, nun ohne großen weiteren Infrastrukturaufwand die eigene Kundenzahl auszubauen.

Aber das alles ist wie gesagt nur meine Meinung, die Entwicklung und die Zukunft wird mir recht oder auch nicht geben.

Ich werde in den nächsten Tagen bei Kursen unter einem € noch ein letztes Mal "gutes Geld" "Schlechtem" hinterherwerfen, weil es jetzt schon bald wieder wurscht ist, ob noch ein Tausender mehr drauf geht. Aber man bekommt halt auch eine ganz ordentliche Stückzahl für relativ wenig Geld. Und vielleicht (Lieblingsbörsenwort) ver-x-facht sich dann der letzte Einsatz ja auch.

Ich bleibe am Ball.

V.Mac

[Bannerman]

Ich finde auffällig, daß die Aktie immer so um 1 Dollar gehandelt wird. Nur nach der Bekanntgabe des Delisting fiel sie kurz auf 87, um dann bei 1,12 zu schließen.

Auch beim letzten Mal war die Aktie nur relativ kurz unter 1 Dollar. Das habe ich aber nicht so gut verfolgen können, da ich im Urlaub war.

1.Es gibt eine Regel für Delisting von der Nasdaq, wenn eine Aktie längere Zeit (glaube 1 Monat) unter 1 Dollar gehandelt wird.

2.Chuck McMinn hat angekündigt, das er "seine" Firma nicht von der Börse kaputtmachen lassen würde (in einem der Interviews auf der Yahoo-Seite).
Sollte Chuck im letzten Jahr bei Höchstkursen einen Teil seiner Aktien verkauft haben, hätte er das Geld, bei 1 Dollar Kauflimits zu ordern, damit die Firma erhalten bleibt.

Oder ein noch verdeckter Investor kauft ein. Das ist alles Spekulation von mir, aber auffällig ist dies schon.

Bis die Aktie wieder normal unter COVD gehandelt wird, nach der Veröffentlichung der Zahlen, ist sie ein ziemlich heisses Eisen. Sollte die Limit 1$-Theorie stimmen, verknappt sich das Angebot von Mal zu Mal. Vielleicht haben wir diesem Umstand auch die kurzfristige Erholung auf 1,48 $ zu verdanken.

Besser aber erstmal nicht kaufen, zu riskant. Ich sitze meinen Teil aus.

[V.Mac]

na zur Zeit gehts erst mal weiter runter in den Staaten, aktuell um 88 US-Cents

Allerdings habe ich heute keine COVAD betreffenden Meldungen gefunden.

Wie gesagt, ich bleibe am Ball.

V.Mac

[V.Mac]

Heute gibts einen allgemeinen Artikel zum Thema DSL :

No winners in high-speed Internet war
Consumers stuck while industries, lawmakers duke it out

By Jeffry Bartash, CBS.MarketWatch.com
Last Update: 9:03 PM ET Apr 25, 2001

WASHINGTON (CBS.MW) - Everybody is for the consumer.

U.S. lawmakers, who want cheap and fast Internet service in every home, are for the consumer. So are the Baby Bells, which deliver local phone service to 95 percent of all homes and small businesses. And so are rivals of the Baby Bells, including upstart local phone companies, long-distance carriers and Internet service providers.

Everybody, it seems, wants to get fast Internet access quickly to the consumer. How to do that, however, remains the subject of a fierce and likely unresolvable dispute, pitting the Bells against their rivals and putting politicians in the middle.

And consumers? They`re on the sidelines. They`ll just have to wait until the combatants call a truce, which means fast and affordable Internet access could remain years away for millions of Americans.

Contentious bill

On Wednesday, the House Commerce Committee held a highly charged hearing on a contentious piece of legislation that would allow the Baby Bells to sell high-speed Internet service over long distances free of most current government regulations.

The bill is shepherded by powerful committee Chairman Billy Tauzin, R-La., with the support of the ranking Democrat, John Dingel of Michigan.

Still, the so-called "Internet Freedom" act has drawn the ire of a number of groups, who`ve put on a full-court press in Washington in effort to dynamite the tracks before the train leaves the station. So far, they seem to have succeeded. The bill, which died in committee last year, had 220 co-sponsors in the previous Congress, but only 76 in its latest incarnation.

Foes argue that the bill would allow the Bells to monopolize the market for fast Internet access over phone lines, slow widespread deployment of the technology and sound the death knell for competitive local carriers, an industry that`s already on life support.

The Bells say they need the legislation to speed up rollout of their fledging high-speed Internet services. Without regulatory relief, they say, it doesn`t make financial sense to quickly build out such expensive networks, especially in more costly-to-serve rural areas.

The Bells also note that other high-speed providers such as cable operators don`t labor under the same government restrictions, which require the Bells to open their networks to rivals at cheap wholesale rates. That`s unfair, they say, and puts them at a disadvantage.

Under the 1996 telecom deregulation act, the Bells can`t offer long-distance service until they meet a 14-point checklist created by Congress to stimulate competition in local markets. The Tauzin-Dingel bill would eliminate that requirement in the data market, but leave it intact for local-voice service.

Critics say that`s unnecessary. "The Bells don`t need this legislation to offer digital services. They offer such services today," said Edward Markey, D-Mass. "The key to entry into the market is in their own hands."

Called a `sham`

Apparently many lawmakers agree with Markey. Despite the best efforts of the powerful Baby Bells, they are losing the war. Tauzin is facing opposition even from many members of his own party. One Republican, Charles Pickering of Mississippi, flat out predicted that the bill - he called it a "sham" -- couldn`t pass in the House or Senate.

"It`s fundamentally flawed," he said. "It cannot be fixed."

That`s too bad for consumers. Without congressional action, millions of Americans are going to face a longer wait for affordable high-speed service. Whatever the Tauzin bill`s flaws - and there are many - at least it recognizes the problem.

The problem is this: the so-called New Economy, which has brought good jobs and higher wages to millions of Americans, is in danger of faltering.

To get it moving again and to recognize the promise of the Internet, consumers and small businesses need to be plugged in. Standard 28K or 56K modems simply don`t cut it. Cable companies don`t reach nearly as many customers as local phone carriers. And new satellite or fixed-wireless services probably won`t entice enormous numbers of customers.

"It`s astounding that only 5 percent of Americans have high-speed access today," Tauzin said. "If there`s any hope that the New Economy can be resuscitated, those numbers have to change fast."

Baby Bell representatives heartily agree. "Without broadband deployment, many local communities will never realize the promise of high-speed Internet, and Internet companies will not be able to reach their markets," said Tom Tauke, a former congressman and Verizon`s top lobbyist.

Letting the Bells enter the long-distance data market unfettered, however, is not the answer. Without the prodding of regulators, they would have less incentive to spend the billions of dollars upfront it`ll take to reach the vast majority of American consumers. Nor would they have any reason to cooperate with rivals that sought access to their networks.

"It restricts access to a monopoly supply. That`s disruptive to a competitive market," argued Clark McLeod, chief executive of McLeodUSA (MCLD: news, msgs, alerts) , the largest competitive local phone carrier in the U.S.

Business is business

Charles McMinn, co-founder of Covad Communications (COVDE: news, msgs, alerts) , noted that the Bells possessed high-speed Internet technology for years but did little with it.

"The speed of deployment by the Baby Bells would not have happened without competition from companies such as Covad," he asserted.

If the Tauzin bill passed, he warned darkly, Covad would have to withdraw from the consumer market. Just a few years old, Covad is the nation`s largest independent supplier of high-speed phone service, serving 320,000 residents and small businesses.

To listen to the Bells` rivals, Congress ought to just leave current regulations in place and let competition work its magic. What the Bells` rivals don`t frankly acknowledge, however, is that they are most likely to target business users because they are more profitable. That`s the way it always works in newly competitive telecom markets.

Take Covad. The company took on hundreds of millions in debt to build its network, but now finds itself unable to raise cash on Wall Street amid the stock market retreat and downturn in the U.S. economy.

As a result, Covad has sought to sign up more profitable business customers in an effort to raise extra cash to fund its operations. Other competitive carriers are even more dependent on business customers. Consumers are seen as costly to acquire, difficult to retain and far less profitable.

So any way you cut it, many consumers will have to set their clocks back. When it comes to high-speed Internet access, few in this dispute are working on "Internet time" any more.

Jeffry Bartash is a reporter for CBS.MarketWatch.com in Washington.

V.Mac

[V.Mac]

Ich hab den Artikel erst mal hier rein kopiert und dann gelesen. Da ist ja eine Passage dabei, die schon nachdenklich stimmt.

If the Tauzin bill passed, he warned darkly, Covad would have to withdraw from the consumer market. Just a few years old, Covad is the nation`s largest independent supplier of high-speed phone service, serving 320,000 residents and small businesses

Naja, noch ist der Ofen nicht aus, es müsste ja erst mal die genannte Änderung den Senat durchlaufen und auch Zustimmung finden.

V.Mac

[Bannerman]

Hier kam Freitag ein Interview mit Charles McMinn, Chairman von Covad. (Audio-Dokument).

http://biz.yahoo.com/oo/010427/56632.html

[Bannerman]

Aus der FTD vom 2.5.2001 www.ftd.de/dsl
Viele US-Firmen stehen ohne Internet da
Von Helene Laube, San Francisco

Die angeschlagenen unabhängigen Anbieter schneller Breitbandzugänge müssen ihren Kunden die Leitungen kappen.

Zahlreiche US-Unternehmen mit Breitbandzugang ins Internet fühlen sich plötzlich in die 70er Jahre zurückversetzt. Anstatt ihre Geschäfte per schneller Internetkommunikation zu erledigen, verschicken sie wie Anno dazumal Briefe und Faxe. Grund: Die angeschlagenen unabhängigen Telekommunikationsunternehmen, die so genannte Digital Subscriber Lines (DSL) anbieten, kappen Tausenden von Firmenkunden und Hunderttausenden von Privatkunden die DSL-Leitung.

Viele Anbieter dieser schnellen Internetzugänge haben entweder schon Konkurs angemeldet oder operieren am Rande des Niedergangs. Ihre Netzwerke haben sie entweder ganz eingestellt oder drastisch verkleinert, um die Kosten zu senken. Für viele Kunden, vor allem außerhalb der Ballungszentren, ist der Effekt der gleiche: kein Internetzugang, ihre Websites sind offline, Kunden und Geschäftspartner von ihnen abgeschnitten. Viele müssen auf unbestimmte Zeit ohne einen leistungsfähigen Internetanschluss auskommen, da es keine Alternativen gibt oder die Bestellung einer neuen Leitung Monate dauern kann.



Hype in der Breitbandbranche verflogen


Der Start der jungen Breitbandbranche vor über zwei Jahren war von viel Hype gekennzeichnet. Begleitet von Prognosen explosionsartigen Wachstums, wurden die DSL-Pioniere wie Covad, Northpoint und Rhythms von Venture-Capital-Gebern und den Börsen mit Millionen zugeschüttet, die sie vor allem in den Bau ihrer Netzwerke steckten. Die ehemals staatlichen Telefongesellschaften überließen den Markt den Neuligen, die von den Giganten weiterhin die Kupferkabel mieten müssen, über die DSL läuft. Inzwischen haben die Ex-Monopolisten das Potenzial erkannt und schnüren ihren Konkurrenten mit teils wettbewerbswidrigen Methoden die Luft ab.


Die rückläufigen Investitionen der Unternehmen in die Telekommunikation und das Versiegen der Geldquellen an den Börsen veranlassen Beobachter, den DSL-Wettbewerb für mehr oder weniger tot zu erklären. "Das ist der Anfang vom Ende, von der DSL-Blütezeit ist nicht mehr viel vorhanden", sagt der Branchenanalyst Justin Beech, Gründer der DSL-Website DSLreports.com.


Der Fokus weilt derzeit auf Covad, dem größten unabhängigen Anbieter, der seit Monaten versucht, seine Geschäfte dem schwierigen Umfeld anzupassen, was nicht nur zu Entlassungen und dem Einstellen von Dienstleistungen in unprofitablen Regionen führte. Das Unternehmen aus dem Silicon Valley hat deshalb immer noch nicht seinen Geschäftsbericht für das Ende Dezember abgeschlossene Geschäftsjahr 2000 bei der US-Börsenaufsicht SEC eingereicht. Deshalb drohte die Nasdaq Covad vergangene Woche mit der Einstellung der Börsennotierung.



Gespräche mit Nasdaq geplant


Covad wird kommende Woche die erforderlichen Papiere einreichen, Gespräche mit der Nasdaq stünden bevor, sagt Covad-Gründer und -Chairman Charles McMinn. Ein so genanntes Delisting droht dem DSL-Anbieter allerdings auch, wenn sein Aktienkurs weiterhin unter die 1-$-Grenze taucht, wo er seit Anfang April immer wieder zu finden ist. Vor einem Jahr erreichte das Papier das Jahreshoch von 32 $. McMinn gibt sich trotz der Entwicklungen optimistisch: "Wir haben im ersten Quartal 45.000 neue Abonnenten gewonnen, die Nachfrage ist da, und wir haben genügend Kapital, um die Gewinnzone zu erreichen."


Der Covad-Konkurrent Rhythms, der im Januar seine Operationen stark zusammenstrich, hat ebenfalls eine Delisting-Mitteilung erhalten. Das deutlichste Zeichen für den prekären Zustand der Branche kam von Northpoint, einem Anbieter, der im März seinen Dienst ganz einstellte und Tausende von Kunden Internet-los zurückließ. Die Firma erklärte im Januar den Bankrott, nachdem der Telekommunikationsriese Verizon sein Kaufangebot zurückzog.



Gesetzgeber schreitet ein


Das Debakel hat die Gesetzgeber auf den Plan gerufen. Sie wollen Telefonriesen wie SBC und Verizon mit finanziellen Anreizen dazu ermutigen, DSL in bisher DSL-freien Gebieten anzubieten. Der Entwurf sorgte bei der Mehrheit der US-Kongressabgeordneten für Kopfschütteln. Sie fürchten, dass es der letzte Nagel im Sarg der kleinen Konkurrenten wäre.


Ob die Verhinderung weiterer Deregulierung den Wettbewerb erhält, wird bezweifelt. DSL verschwindet deswegen aber nicht. "Das Wachstum wird nicht mehr galoppierend, aber weiterhin gesund sein", sagt Zia Daniell Wigder vom US-Marktforschungsunternehmen Jupiter. Im ersten Quartal 2001 wuchs die Anzahl der DSL-Anschlüsse in den USA im Vergleich zum Quartal davor um 20 Prozent auf 2,8 Mio. Dominieren würden aber die Ex-Monopolisten, so Wigder.

Quelle:http://www.ftd.de/tm/tk/FTDC947SRLC.html?nv=hpwd

[V.Mac]

Heute gabs ein erstes leichtes Zucken nach oben.
Grund dürfte ein Artikel sein, den es bei bigcharts.com unter "NEWS" und COVDE zu finden gibt.


Covad Applauds Reps. Cannon and Conyers for Their Pro-Consumer, Pro-Competition Telecommunications Bills
THURSDAY, MAY 03, 2001 1:49 PM
- BusinessWire

SANTA CLARA, Calif., May 3, 2001 (BUSINESS WIRE) -- Covad Communications praised the bipartisan efforts of Representatives Chris Cannon (R-Utah) and John Conyers, Jr. (D-Mich.) for their introduction of the Cannon-Conyers Package, a set of bills which further strengthen the pro-consumer, pro-competition goals of the 1996 Telecommunications Act.

These bills were introduced today and are the only ones before Congress that support Telecommunications Act compliance and competition in the broadband market. They would help limit monopoly control over the telecom industry and provide incentives for the deployment of broadband nationwide.

"The telecommunications industry, the American economy and consumers are better off with enforcement of the Telecommunications Act, and these bills allow the promise of the Act to be realized," said Dhruv Khanna, Covad co-founder, general counsel and executive vice-president. "Representatives Cannon and Conyers have reaffirmed their role as leading advocates for consumer choice in local phone service and in allowing the broadband industry to thrive. We applaud their legislative effort to give the FCC and the courts the ability to make the Telecommunications Act work as it was intended. Consumers would be the ultimate beneficiaries. These bills would ensure competition, and give consumers greater choices and better services."

Some of the specifics of these two bills include a reaffirmation that the intent of the Telecommunications Act allows competitors to seek antitrust remedies in federal court in conjunction with FCC enforcement. They also provide for a region-wide alternative dispute resolution system for enforcement of Section 251. This includes allowing a state attorney general to suspend a phone company`s ability to jointly market DSL and advanced telecommunications services if a public utilities commission or similar organization determines that a phone company violated Section 251.

Section 251 is the heart of the Telecommunications Act, which opens the local phone markets to competition. It does so by requiring the unbundling of network elements (which are the individual portions of the phone lines), line-sharing (the ability to deliver data services over the existing phone lines), and collocation (the ability to put equipment in a central office owned by a phone company).


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

Oktober ??!!


V.Mac

[Bannerman]

Leichtes Zucken?
Das letzte Mal hatten wir uns bei 1 Euro unterhalten, und heute stand sie bei ca.1,59!
+59% in 3 Tagen.
Ich habe ersteinmal ein paar Gewinne realisiert. Nächste Woche erwarte ich noch ein letztes Mal einen Erdrutsch, wenn die Zahlen verkündet werden. Die Umsätze sind gesunken. Ich nehme an, da hat jemand extrem Bottomfishing betrieben.
Oktober. Schau mer mal.

Gruß,
Bannerman

[Bannerman]

Monday May 7 12:39 PM ET
FCC Seeks Increase of Some Fines to $10 Million

By Jeremy Pelofsky

WASHINGTON (Reuters) - Federal Communications Commission (news - web sites) Chairman Michael Powell has asked Congress to increase to $10 million the financial penalties the agency can impose on dominant local telephone companies for failing to provide competitors access to their networks.

``In some cases, competitive local exchange carriers may have been stymied by practices of incumbent local exchange carriers that appear designed to slow the development of local competition,`` Powell said in a May 4 letter to lawmakers made available on Monday.

At present, the FCC (news - web sites) said it can only fine a company a maximum $1.2 million per violation and Powell said ``this amount is insufficient to punish and to deter violations in many instances.``

Last year Verizon Communications (NYSE:VZ - news) paid $3 million to the federal government to settle charges that it was failing to notify competitors in a timely manner about the status of their orders for local service in New York, a state where Verizon has permission to offer long-distance after opening its local network.

Verizon, the nation`s biggest local telephone company known as the Baby Bells, also had to use a new software system to process orders from competitors and submit weekly reports as part of the settlement agreement with the FCC.

Powell also asked lawmakers to also give the agency more time -- currently a year -- to investigate allegations of impairing local competition, and the authority to impose punitive damages in formal complaints.

``I am committed to achieving Congress`s goal of opening local markets to competition, with the attendant benefits to consumers,`` Powell said in the letter to the House and Senate Commerce and Appropriations Committees.

Upstarts Faltering

The request comes at a time when many upstart competitors in the local telephone service industry are struggling to keep their heads above water, like Covad Communications Group Inc. (Nasdaq:COVD - news) which relies on local phone companies for access to their systems to offer consumers alternative services.

Covad, which offers high-speed Internet service known as digital subscriber line (DSL), is expected to report quarterly earnings this week after delaying because of an audit related to new account rules and financial difficulties due to exposure to troubled and bankrupt Internet service providers.

Under the 1996 Telecommunications Act, in order for local telephone companies to offer long-distance services in their home region, they must provide competitors access to their local networks.

Other violations that would incur the higher penalties include failing to allow rivals space for equipment on the incumbent`s premises or not providing nondiscriminatory access to some network parts with reasonable rates and conditions.

Congress, as part of other legislation that would accelerate the Bells` access to the long-distance data market and eliminate requirements that they provide access to certain parts of their local networks for DSL, is considering increasing boosting some penalties to $10 million.

The legislation`s future however is uncertain because of opposition in the Senate to allowing the Bells faster access to the data market and eliminating other access requirements. The House Commerce Committee will consider the measure Wednesday.

Quelle:http://dailynews.yahoo.com/h/nm/20010507/tc/telecoms_fcc_dc_…

[Bannerman]

DSL bis zu 100 Prozent teurer



USA: Inflation bei Breitband-Kosten


San Francisco (CA), 08.05.2001 (wg) – Eine Pleitewelle bei amerikanischen Internet-Service-Providern für Breitband schlägt sich in schnell steigenden DSL-Abogebühren für US-Bürger nieder. Nachdem mit Northpoint ein großer Anbieter Bankrott anmelden musste, reihte sich nun auch Zayan in die Reihe der Pleiten ein. Wie das Marktforschungsinstitut Zona Research berichtet, haben die verbleibenden großen Anbieter in vielen Fällen nun eine "monopolartige" Position und nutzen dies durch Preiserhöhungen aus.

Kostete ein privater ADSL-Zugang vor drei Monaten noch durchschnittlich 40 Dollar im Monat, liegt der Preis inzwischen je nach Gebiet zwischen 50 und 80 Dollar. Die Anschlusskosten stiegen von etwa 50 auf 200 Dollar. Drastisch fallen die Preiserhöhungen auch bei SDSL-Zugängen für kleine Unternehmen aus. Eine Ein-Megabit-Leitung war vor einem Jahr noch für 250 Dollar zu bekommen. Covad, der letzte unabhängige DSL-Anbieter in den USA, bietet derzeit Zugänge zwischen 325 und 400 Dollar im Monat an.

Laut Zona seien die Kosten der Breitband-Provider, DSL-Dienste zur Verfügung zu stellen, im vergangenen Jahr deutlich gefallen. Unter anderem sparten die Unternehmen bei der Kundengewinnung 25 Prozent. Allerdings wisse die Industrie noch nicht genau, welche Preise sie für einen DSL-Zugang tatsächlich in Rechnung stellen könne. Die hohe Nachfrage erlaube Preiserhöhungen, einige verlorene Kunden seien für die Provider zu verkraften. Der maximal mögliche Preis könne durch ein "Try-and-Error"-Verfahren - in diesem Fall Preiserhöhungen und –senkungen - gefunden werden, so die Analysten.

Zona-Analyst Jack Staff rechnet dabei auf eine starke Konsolidierung des Marktes auf einige wenige Breitband-Provider und weiterhin steigenden Kosten. "Es gibt immer noch einen enormen Bedarf an DSL. Eine schnelle Internetverbindung wird damit zu einem Premium-Dienst - und das lassen sich die Provider auch bezahlen."

Quelle: Computerchannel
http://www.computerchannel.de/news/ticker/internet/9861.phtm…

[sittin bull inv]

Wer außer mir glaubt noch,
das nur ein Anstieg über 1,90 €
charttechnisch die Wende ist?

[Bannerman]

Wir werden noch einmal den 1 Dollar testen (ca.1,10 Euro). Gestern war die Wende in der Spitze bei 1,64$, mit heutigem Trendbruch. Wahrscheinlich spiegelt sich die letzte Spitze. Ein Analyst hat sich heute nochmal eindeutig gegen das Businessmodell von Covad ausgesprochen. Das bedeutet, daß die Banken wohl noch mal günstig einsteigen wollen. Danach dürfte der Weg nach oben frei sein. Werde entsprechend handeln und weitere Positionen aufbauen, wenn sich die Gelegenheit ergibt.

Wenn Covad nicht in actu Pleite geht, wirds bestimmt noch lustig. Derzeit Drittgrößtes DSL-Netzwerk in Nordamerika? 240 Millionen Dollar Marktkap.?

[Bannerman]

Bekanntgabe der Zahlen schon wieder verschoben, auf die Woche vom 21.Mai.

Friday May 11, 5:31 am Eastern Time
Press Release
Covad 2000 Financial Results to be Reported and 10-K Filed Week of May 21
SANTA CLARA, Calif.--(BUSINESS WIRE)--May 11, 2001--Covad Communications (Nasdaq:COVD - news), the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, expects to file its 10-K and 2000 financial results during the week of May 21.

``We quintupled the size of our business and made two major acquisitions in 2000,`` said Chuck McMinn, Covad chairman. ``It is important that our financial statements accurately represent our financial position and the results of our operations for the past year. We thought we would be done by now but, unfortunately, we are not. While we are working through the process diligently and making significant progress, we are dealing with very complex matters that require additional time. We expect to file our 10-K prior to our Nasdaq hearing that is scheduled for May 24. We understand the concerns of investors, customers and employees and it is embarrassing for all of us, but it is important to clarify and resolve all year 2000 accounting matters and we simply must take the time to do that.``

Quelle:http://biz.yahoo.com/bw/010511/0011.html

[V.Mac]

jetzt isses raus:

Fast 1,4 Mrd USD Verlust für 2000, Umsatzwachstum um rund 140 % und noch Cash bis 2. Quartal 2002.


Covad Communications Announces Fourth Quarter and 2000 Results; Revenue Increases over 138 Percent in 2000 to $158.7 Million
THURSDAY, MAY 24, 2001 3:35 PM
- BusinessWire

SANTA CLARA, Calif., May 24, 2001 (BUSINESS WIRE) -- Covad Communications Group, Inc. (Nasdaq:COVDE) announced financial results for the fourth quarter and year ended December 31, 2000.

Revenue for the quarter ended December 31, 2000 was $55.2 million, representing a 40 percent increase over revenue of $39.5 million for the quarter ended September 30, 2000. Loss from operations for the quarter ended December 31, 2000 was $854.1 million. Contributing to this loss for the quarter were restructuring charges of $5.0 million and $589.4 million of non-cash charges for adjustments to the recorded value of long-lived assets to reflect their fair value. Excluding these items, loss from operations for the fourth quarter was $259.7 million. Net loss for the fourth quarter was $907.5 million.

Revenue for the year ended December 31, 2000 was $158.7 million compared with $66.5 million for the year ended December 31, 1999, an increase of over 138 percent. In determining total revenue for 2000, Covad did not recognize $40.0 million of revenue billed to Internet service providers (ISPs) that could not provide reasonable assurance of timely payment of amounts owed. In addition, revenue for 2000 includes a reduction of $22.4 million because of the change in accounting principle prescribed by SAB 101.

The loss from operations for the year ended December 31, 2000 increased to $1.35 billion from a loss of $171.6 million for the year ended December 31, 1999. This loss includes the restructuring charges and adjustments to the recorded value of long-lived assets described above and the write-off of in-process research and development. Excluding these items, net loss from operations would have been $756.1 million. Net loss for the year was $1.44 billion.

Covad`s subscriber lines increased 381 percent to 274,000 lines, compared with 57,000 lines at December 31, 1999. This represents a 33 percent increase from Covad`s subscriber base of 205,000 on September 30, 2000. During the year Covad expanded its network by adding 700 central offices, increasing its footprint by approximately 40 percent to 1,800 collocations passing over 40 million homes and businesses in the United States.

"The focus in 2000 was on fast growth and maintaining a leadership position," said Chuck McMinn, chairman of Covad. "Our focus for 2001 is on transforming our business in an efficient and cost-conscious manner to move us forward on the quickest path to profitability. We will continue to load the network with new subscribers and provide new value-added services, which we believe are the most efficient ways to get us to profitability."

Highlights during the year included:

-- Signing a six year $600 million resale agreement and receiving
a $150 million investment from SBC

-- Introducing service in 25 new markets, bringing total markets
served to 53, or 109 Metropolitan Statistical Areas

-- Implementing line sharing to improve installation times for
consumers

-- Acquiring LaserLink.net and BlueStar Communications to expand
our distribution channels

-- Deploying automated loop ordering with most regional bell
operating companies

-- Introducing the Covad Safety Net program for stranded DSL
users

During the preparation of its 2000 financial statements, Covad determined that adjustments to its previously filed unaudited financial statements for the quarters ended March 31, 2000, June 30, 2000 and September 30, 2000 were necessary. The adjustments to prior quarters were largely caused by weaknesses in Covad`s internal controls during 2000 and the inability of these internal controls to support Covad`s rapid growth, changes in management and finance personnel, significant acquisitions and restructuring activities.

As a result of these adjustments, and prior to the application of SAB 101, revenue for the first three quarters of 2000 was reduced from $156.3 million to $128.3 million to account for the timing of credits owed to customers and treatment of market development fund (MDF) payments and customer and vendor rebates. Network and product costs and sales, marketing, general and administrative expenses for the first three quarters increased by $33.8 million. This is a result of the reclassification of spending for MDF, the reclassification of previously capitalized internal labor costs to direct operating expenses and adjustments to previously recorded other operating and general and administrative expenses.

"We simply had to take the time to review all the items that impacted our business last year," continued McMinn. "We bought two companies, our line count grew by 381 percent and our revenue increased by 139 percent. We also saw tremendous market changes that affected our distribution channels. The root cause of our delay in filing our Form 10-K was that certain internal controls were unable to fully support this unexpected combination of events. Our decision to restructure the business and the time required to determine our non-cash adjustments to the recorded value of our assets further complicated this process. As a result, the preparation of our year-end financial statements and the completion of our audit were more complicated than we anticipated. We needed the additional time to complete the job with the highest degree of accuracy and level of confidence in our financial results and the accounting methods that supported the preparation of these financial statements.

"We apologize for the delay, but the in-depth review has allowed us to implement many positive changes within the company that should greatly improve our internal controls and efficiencies both operationally and administratively. We believe that we have accurately reflected our financial results for 2000 and are implementing the appropriate improvements to our internal controls to further grow our business," McMinn said.

Covad`s financial statements include a "going concern" opinion from its auditors.

"We believe we can raise the additional cash necessary to see the company to free cash flow positive in a timely manner even if the public markets are closed to us," said McMinn. "We are already exploring alternative sources of these funds. We believe we have sufficient cash to fund our operations into the second quarter of 2002, an improvement from prior estimates resulting from our continuing cost cutting efforts."

Covad expects the financial results from first quarter 2001 to show improvement in both revenue and expenses. Improvements in revenue will be due to increased subscriber lines, a lower number of lines from distressed ISPs and the migration of lines through Covad Safety Net. Expenses are expected to improve because of the company`s ongoing cost-cutting efforts, better overall internal controls, decreased MDF and rigorous procedures for managing these funds, and the cost efficiencies of line sharing. Covad expects to announce first quarter results in the next few weeks.

"We feel that 2000 is behind us and is past history," said McMinn. "We are looking forward to being able to report Covad`s success story for first quarter 2001 and beyond."

-------------------------------------------------

Nu bringts wirklich nur noch Hoffen auf endlich anfangende Gewinne bzw. stark schrumpfende Verluste. Wenn sich bis zum 4. Quartal 2001 der Geschäftserfolg nicht einstellt, ist der Ofen wolh wirklich relativ schnell aus. Wichtig ist natürlich auch, ob COVD eventuell neue Kapitalgeber findet.

Was solls.

V.Mac

[V.Mac]

Nachdem ich einen ganzen Monat nix mehr hier rein gestellt habe, obwohl es ja genügend Meldungen gab, unter anderem die Quartalszahlen, die ja soooo schlecht nicht waren, gibts heute mal wieder einen Grund, hier reinzuschauen.

Es gib nämlich in den USA mal wieder (knapp) 20% Kursplus. Grund dürfte die heutige Meldung sein, in der wieder mal Kostensenkungen angekündigt wurden, die ein Tochterunternehmen, Blue Star Com., betreffen.


hier die wichtigsten Zeilen:

......The Assignment eliminates the cost of maintaining the BlueStar operations. As a result, it reduces Covad`s operating cost by approximately $75 million over the next year, which will aid in Covad`s efforts to achieve profitability and extend Covad`s cash into July of 2002.........

Also hoffen wir das beste. Die ganze Meldung gibts wie immer bei bigcharts.com unter dem Kürzel COVDE

V.Mac

[V.Mac]

Es wird wieder mal Zeit, den Thread auszugraben, da in den USA der zweite Tag in Folge mit rund 20% plus abgeht.

Ich weiß, natürlich hat die Aktie seit Oktober rund alles verloren, aber es gibt doch immer auch mal wieder die 20 % plus.

V.Mac

[V.Mac]

Also heute klappt es auch wieder mit den über 20 %, nur weil Covad Konkurs anmeldet. Die genaue Meldung im Covad - Thread "Jetzt ist es peinlich..... "

V.Mac

[V.Mac]

und wieder mal heisst es "ausgraben"

In den USA in zwei Tagen von 0,33 auf 0,59 ohne Meldung, bisher.

Fast ne Verdoppelung, allerdings auf sehr niedrigem Niveau.

V.Mac

[V.Mac]

neues Personal an Board !

Covad Appoints Patrick Bennett as Senior Vice President of Sales
TUESDAY, OCTOBER 16, 2001 5:34 AM
- BusinessWire

SANTA CLARA, Calif., Oct 16, 2001 (BUSINESS WIRE) -- Covad Communications (OTCBB:COVD), the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, today announced Patrick Bennett as senior vice president of sales.

Bennett will be responsible for Covad`s direct sales and retail channel development. This is a new position that will compliment Covad`s wholesale business, which currently provides the bulk of Covad`s revenue. The direct sales position will manage all Covad.net direct channel sales and support, telesales and retail channel sales and development. Bennett will be located in Media, Pennsylvania, where the majority of Covad`s direct sales efforts reside.

"It is important that Covad further develop its direct sales capability, providing a choice to customers who want to work directly with their broadband provider while strengthening some of the stability issues we have seen in the ISP marketplace," said Charles E. Hoffman, Covad CEO and president. "I have worked with Patrick for almost a decade and he is an enthusiastic sales leader that will help add spirit to the organization and focus on getting top performance from our direct sales efforts."

Bennett, age 54, brings to Covad 19 years of successful sales development and management expertise, including the development of effective customer care, sales and marketing organizations, channel development and strategic planning.

Bennett arrives at Covad from TESSCO Technologies, Inc., a leading provider of solutions for wireless communications, where he was senior vice president of marketing and product development. Prior to TESSCO, Bennett was executive vice president and chief operating officer of Rogers Wireless, Inc., Canada`s largest wireless communications service provider. As a member of the senior management team, Mr. Bennett was instrumental in driving significant improvements in all operating metrics of the business.

Preceding Rogers Wireless, Inc., Bennett joined the start-up organization of Sprint PCS as area vice president, where he launched service in Philadelphia and later managed the Washington/Baltimore area. He was also vice president of Sales and Marketing for Cellular One in Washington/Baltimore and president and general manager of Communications Electronics Inc., along with being vice president and general manager for American Beeper Associates in Columbia, Maryland. He began his career as a regional sales manager for Metromedia, the predecessor to Cellular One.


Wenns hilft !

V.Mac

[V.Mac]

und wieder gibts News, keine schlechten, wie ich finde:

Covad Announces Third Quarter Operating Statistics and Operating Improvements; Continuing Cost Control Measures Yield Significant Operational and Capital Improvements
FRIDAY, OCTOBER 19, 2001 9:00 AM
- BusinessWire

SANTA CLARA, Calif., Oct 19, 2001 (BUSINESS WIRE) -- Covad Communications (OTCBB:COVD), the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, today announced operating statistics as of September 30, 2001.

-- Covad has approximately 346,000 lines in service on its
network, a four percent increase from June 30, 2001. The
company delivered this net increase of 13,000 lines during the
quarter after disconnecting or migrating the lines that were
formerly on the Bluestar network. This increase is also after
the continued disconnection of subscribers from some of
Covad`s financially troubled resellers.
-- Approximately 52 percent of Covad`s total lines are business
lines and 48 percent are consumer or residential lines.
-- Covad`s wholesale channel represents 96 percent of Covad`s
total lines while its direct channel efforts represent four
percent.
-- Thirteen percent of Covad`s total lines are served through
resellers for whom Covad recognizes revenue only when it is
paid, a one percent reduction from the previous quarter.

Several cost reduction initiatives implemented during the first nine months of this year reduced Covad`s cash usage in the quarter to a monthly average of less than $25 million, resulting in a cash balance at the end of the quarter of approximately $460 million, including cash reserved for the anticipated settlement of claims in its bankruptcy proceeding. Covad expects its monthly cash usage to continue to improve during the fourth quarter, extending Covad`s current cash resources into the third quarter of 2002.

With this reduced cash usage coupled with its projected additional subscriber additions, Covad projects its future capital requirement to fully fund the business to positive cash flow has been reduced to less than $100 million. Covad`s cost cutting initiatives include the previously announced shutdown of its Bluestar subsidiary, closing or consolidating office facilities, and improving operational efficiencies through such initiatives as line sharing and self installation. Covad has continuously streamlined its business, including workforce attrition and targeted workforce reductions, resulting in a significant reduction of Sales, General & Administrative costs (SG&A). The company will continue to review all aspects of the business and make changes where appropriate.

"We are pleased with the progress we have made to lower our capital needs through continued growth in subscribers, ongoing cost reduction measures and anticipated savings from operational initiatives," said Charles E. Hoffman, Covad CEO and president. "Our line count has increased in a difficult economic environment, which demonstrates that demand for broadband is still solid. I am especially pleased that in these tough times we have improved our major operating metrics including installation intervals, mean time to repair and network availability."


Grüße

V.Mac

[V.Mac]

eine Studie zum Thema Voice over DSL mit rasant wachsendem Markt. Obs gut ist für COVD, wird sich zeigen.


InfoTech/Research First Consulting Predict the Small Business VoDSL Market Will Reach $7B by 2005
THURSDAY, OCTOBER 25, 2001 11:43 AM
- BusinessWire

InfoTech/Research First Consulting Predict the Small Business VoDSL Market Will Reach $7B by 2005

PARSIPPANY, N.J., Oct 25, 2001 (BUSINESS WIRE) -- Small businesses are eager to acquire broadband access, and express strong interest in Voice over DSL in their search for reliable and affordable broadband access and services.

According to VoDSL: Opportunity Within the Small Business Marketplace, a new study from global consulting firm InfoTech and Research First Consulting, small business VoDSL revenue could reach $7B by 2005. The forecast is driven by the small business market`s demand for VoDSL as a secure, and reasonably priced broadband access alternative, and it potential for providing multiple next-generation features such as interactions with PC applications and find me/follow me services.

Given a sample size of 900 small businesses among over 16 different industries, a surprisingly large number of small businesses are interested in obtaining VoDSL services. The study revealed that 21.8% of small businesses showing interest in VoDSL services express willingness to switch from their existing telco to a competitive carrier, while 25.3% of all companies are interested in VoDSL services from their current LEC.

This study can advise current and upcoming VoDSL service providers of the bundled service offerings that most appeal to small businesses and help them to create sales targets based on knowledge of the five small business sectors most likely to seek VoDSL services, including the legal services and communications industries. The study outlines the present and future offerings of the major competitors in the VoDSL service provider market, including MPower , Covad , Qwest , and BellSouth .

Information on the impact of integrated access device pricing, which could be a potential barrier to small business VoDSL adoption due to the IAD`s traditionally high price, will help CPE manufacturers to more effectively meet the pricing needs of small businesses. In addition, the study can provide manufacturers of phone systems with an understanding the impact of VoDSL-based phone systems on revenue from existing technologies such as PBX, Centrex, and key systems. The study also assists CPE providers in learning about their competitors` offerings, including information on the offerings of Jetstream, Alcatel , and Westell Technologies .

V.Mac

[V.Mac]

nach oben !

Ist ja nach dem verlauf der letzten Woche auch zu vertreten.

Interessante News sowie die aktuellen Geschäftszahlen liegen auch vor, zu finden im Thread von Bannermann.

V.Mac

[V.Mac]

Und wieder mal heissts: UUUUPPPPPPP

War ja gestern nicht schlecht, mal einfach so 120% plus.

Ist aber bei dem Gehalt der Meldung durchaus nachvollziebar.

Covad more than doubles (COVD) By Tomi Kilgore
Shares of broadband Internet access provider Covad Communications (COVD) have now more than doubled, trading up 90 cents, or 120 percent, at $1.65. The last time the stock saw that level was Mar. 13. The stock`s 52-week high is $5, reached on Jan. 29, versus its 52-week low of 32 cents hit on Oct. 9. Earlier, the company said it anticipated emerging from bankruptcy on Dec. 20 (see 12:21 item). Also helping the stock may be a Dow Jones report that said two company executives had purchased a total of 1.6 million common shares in November (see 10:41 item).


Die Zeiten bleiben spannend !


V.Mac

[V.Mac]

und weiter nufffff !!

warum ? darum !

Covad extends gains
Plus: PayPal gets preliminary pricing

By Bambi Francisco, CBS.MarketWatch.com
Last Update: 11:52 AM ET Dec. 17, 2001




SAN FRANCISCO (CBS.MW) -- Covad Communications shot up as much as 52 percent Monday in anticipation of the DSL provider emerging from bankruptcy protection this week.

When the high-speed Internet access provider emerges on Thursday, it will be one of the few telecom companies to successfully emerge from Chapter 11.

"Fewer than 5 percent of telecom companies emerge from Chapter 11," said Jack Williams, executive director of the America Bankruptcy Institute.



Covad Communications (COVD: news, chart, profile) ran up more than 35 percent to $1.93 on heavy volume in recent trading. Shares have recovered since trading in the 30-cent range between July and mid-October.

By early November, shares were nearing $1. Frank Marshall, interim CEO and a director, bought a total of 1.5 million shares during the month, while Robert Hawk, a member of the board bought 100,000 shares on Nov. 26 at $1.04 each. By November 13, the announcement of SBC Communications` (SBC: news, chart, profile) $150 million funding helped Covad`s shares spike above $1.

Covad`s emergence from reorganization and use of Chapter 11 as a financial tool to relinquish $1.4 billion in debt is a model for many companies still struggling under the crushing weight of debt.

Rather than raise capital and then re-negotiate its debt, co-founder Chuck Haas said the company went straight to creditors first and began slashing expenses last year. "This was a year-long process," Hass said in an interview with CBS.MarketWatch.com. See interview with Covad`s Haas.

Other telecom companies may have waited too long to restructure their debt, leaving themselves little time and leverage to have a successful restructuring that leaves shareholders with a majority-ownership of the company. Indeed, Exodus Communications (EXDS: news, chart, profile) (EXDSQ: news, chart, profile), ExciteAtHome (ATHMQ: news, chart, profile), Rhythms NetConnections and NorthPoint have fallen into Chapter 11 and are among those that haven`t emerged, leaving shareholders with nothing.

XO Communications (XOXO: news, chart, profile) is still in the process of working through its debt load. Shares of XO dropped 43 percent to 8 cents.

By restructuring early, Covad was able to stay focused on operations. For the first nine months of this year, the company generated $243.1 million, up 135 percent over the same period a year ago. Loss from operations in the same period fell from $500 million last year to $424.6 million, including $19.6 million in charges for restructuring and adjustments to the recorded value of long-lived assets.

Now, the company will end the year with $300 million in cash, a $20 million burn-rate, said Haas.

Getting bloated

Covad went public in January 1999 at split-adjusted price of $8. At the time, Bear Stearns helped the company raise $161 million in capital. In June 1999, the company raised another $327 million in a follow-on offering. By November of 1999, the company raised another $642.8 million through Bear Stearns. The company raised $636 million in straight debt over two years beginning in February 1999. Covad also raised a convertible debt offering of $500 million in September 2000, according to Dealogic.

Speaking of raising funds in the public market, PayPal (PAPXX: news, chart, profile), which enables payments over the Internet, set its IPO price range of between $12 and $14. Salomon Smith Barney is leading the $70 million offering. PayPal`s service is widely adopted on EBay`s (EBAY: news, chart, profile) site even though the online auctioneer has a competing service called Online Payments, formerly known as Billpoint. According to PayPal`s filing, for the nine months ending September 30, 2001, about 68 percent of dollar payments made through PayPal were settlements of purchases made at online auction sites, particularly EBay.

Other online payment providers include Yahoo (YHOO: news, chart, profile) PayDirect and C2it, which is offered by Citigroup. C2it has existing arrangements with AOL Time Warner (AOL: news, chart, profile) and Microsoft (MSFT: news, chart, profile), according to PayPal`s filing




Ist schon geil, drei fast gleiche Postings in drei verschiedenen Threads, aber wenns doch so schön ist .....?!

V.Mac

[V.Mac]

und weiter nuuuuffffff !

Covad Communications (COVD: news, chart, profile) rose more than 32 after the company expanded the availability of its TeleXtend T1 service in Chicago, Dallas, Denver, Detroit, Houston, Los Angeles, Phoenix, Portland and Seattle. The addition of these nine markets brings the company`s national network for TeleXtend to 14 markets. The Santa Clara, Calif., firm also said it has inked deals with Speakeasy and DSL.net to sell TeleXtend services.

Aber es kann ja nicht nur immer in eine Richtung gehen.....

In den nächsten Tagen werden betimmt mal ein paar Gewinnmitnahmen einsetzten.

Aber langfristig wirds wohl bis auf zweistellige Kurse gehen ! (meine MEINUNG)

V.Mac

[Gothic]

hi v.mac,
hatte die teile schon fast vergessen, habe sie irgendwann
mal zu 1,10 euro ins depot gelegt.
leider wird covad in germany z.zt. nicht gehandelt, aber
mit 3,44 dollar kann doch im augenblick mehr als zufrieden sein.
wenn die weiter so steigen wird es nicht mehr lange dauern, bis wir 2-stellige kurse sehen,
gruß
Gothic

[V.Mac]

tach auch !

Du kannst doch die Teile locker in den USA verkaufen !

Heute kams auch zu den erwartetetn Gewinnmitnahmen.

V.Mac

[Gothic]

hi v.mac,
na klar kann ich in amiland verkaufen, aber die dinger
hatte ich schon abgeschrieben.
na und jetzt lasse ich die teile einfach liegen.
ich war damals von der story überzeugt und bin es auch heute noch.
wenn die sich nur halbwegs berappeln werden wir
mit sicherheit nächstes jahr wieder 2-stellige kurse sehen.
oder ein paar börsenbriefe werden mal wieder drauf aufmerksam.
man sieht ja, wie schnell das gehen kann.
ich bleib einfach long und schau mir das ganze recht entspannt an.
gruß
Gothic

[Gothic]

hi v.mac,
da wir die beiden einzigen hier sind,
schau dir mal nastech an, 905151.
infos bekommst du bei onvista, z.b.
bis dann
Gothic

[laab]

hi Gothik-
besser gesagt die einzigen die schreiben.Muss zugeben nicht ganz ok wenn man sich nur andere Meinungen ansieht und selber schreibfaul ist.
Covad ist echt spannend und am langen Ende vielleicht ein
Highlight im Depot.
Bin mit 1000 bei 2,50E rein und nach Delisting mit ein paar 1000 noch mal zu 0.60E in USA verbilligt.
Glaube nach wie vor an das Unternehmen und die Produkte.
Auf Sicht 2-3 Jahre sollte 2 stellig drin sein.-
wenn uns nicht eine Übernahme in die Suppe spukt.
Schöne Feiertage -
und auf Kaufkurse
laab

PS.: alles auch für V.Mac und besonderen Dank für die tadellosen Recherchen

[V.Mac]

Danke für die Blumen !

Liegt wohl an der vorweihnachtlichen Stimmung !

Aber was wahr ist, muss auch wahr bleiben !!!!!

hahaha.

Davon abgesehen, glaube ich eher nicht an eine (feindliche) Übernahme. Eine interessierte Firma hätte doch wohl wesentlich billiger im Oktober/November einkaufen können, als die Zukunft von COVD noch nicht gesichert war (hoffentlich jetzt wieder), als jetzt, wo das Geschäft (Covad) wieder teurer wird.

Die nastech schaue ich mir demnächst mal an.

V.Mac

[V.Mac]

Also, covd macht sogar über die Wqeihnachtsfeiertage richtig Spass.

Heute gabs nach den Gewinnmitnahmen der letzten (vorweihnachtlichen) Tage wieder ein deutliches Plus.

Das stimmt mich auch fürs neue Jahr durchaus positiv.

V.Mac

[DieGlocke]

Schön, daß es Euch gibt.
Durch Euch bin ich auf meine im Geiste
schon abgeschriebenen Covad aufmerksam geworden.
Hab leider, wie ich meinte, 2000 Stück billig
gekauft behalten.
Sollte mir eigentlich mal wieder eine Lehre
sein, daß man sein Depot besser überwacht.

Aber mal muß man auch Glück haben.

Einen guten Rutsch!

DieGlocke

[V.Mac]

Heute wirds Zeit, den Thread wieder mal auszugraben.

Plus 23 % zu Handelsende und nachbörslich noch mal etwas weiter rauf.

So soll es sein !

Grund könnte eine Empfehlung sein, die Covad wesentlich höher einstuft, nachzulesen in Bannermanns Thread über Covd.

Schönen Abend noch und weiter nauff

V.Mac

[V.Mac]

Was im allgemeinen auch ganz interessant klingt, ist ein Report über Insider-Käufe. Betrifft natürlich nicht nur Covad !

SAN FRANCISCO (CBS.MW) - If tech executives are still buying their companies` shares at these price levels, assume they know something about making money the rest of us don`t.

One of the most important guides for helping to choose tech stock buys over the next few weeks could be insider-buying numbers. Companies need to turn in lists of recent insider trades to the SEC by Jan. 10. The files should provide mounds of useful information going into next week.

Some tech directors have very good track records of timing their stock buys ahead of significant price moves. Watch them. If groups of important insiders think shares are a bargain even after big run-ups since September, individual investors might want to think about buying, too.

"It`s pretty straightforward - you can be pretty confident if a group of executives are writing checks that they think their stock is undervalued," said Lon Gerber, analyst with Thomson Financial/Lancer Analytics in Scottsdale, Ariz., who closely tracks insider trades.

Gerber says there probably won`t be the same level of insider buying next week as in past months. At that, most of the buying, he says, will probably be in smaller-cap companies.

But the few buyers at these levels speak volumes about where they think their shares are headed in this grossly overvalued stock market.

The tech bubble is once again inflating. The price-to-earnings ratio of Sun Micro`s (SUNW: news, chart, profile) shares is 174. A reasonable level is a tenth of that. The market`s most widely traded stock, Cisco (CSCO: news, chart, profile) doesn`t even have a price-to-earnings ratio, due to last year`s losses.

Chip stocks had a great run since September, but shares of Micron Technology (MU: news, chart, profile), an unprofitable company, are now worth more than its entire industry.

Without droning on about valuations, assume that only a handful of companies, none of the above mentioned included, are worth their prices right now. Insider trading records can help pinpoint them.

It`s no guarantee, but insider buys have offered clues in the past. As MarketWatch.com`s Thom Calandra pointed out in a past column, Portal Software (PRSF: news, chart, profile) CEO John Little bought 800,000 of his company`s shares in September for between 75 and 78 cents a share. Shares are now at $2.23.

A group of Covad Communications (COVD: news, chart, profile) insiders bought more than 1.5 million shares in late November, in a range of 95 cents to $1.05. Shares are now $2.98.

Entrust Inc. (ENTU: news, chart, profile) executives including CEO William Connor began nibbling at shares in November, when they were in the $5 to $7 range. Shares have since risen to $11.95.

Looking ahead to the upcoming numbers, Gerber says he wants to see if directors at New York`s ImClone Systems (IMCL: news, chart, profile), a developer of cancer therapies, have recently purchased stock. The company`s shares are now at $31 down from $71 in December.

One of ImClone`s board members, David Kies, is tops at timing his stock purchases. He has seen shares rise from where he bought them on 18 out of 19 occasions. His average gain, six months out from each purchase, was 70 percent. Of note he sold 30,000 ImClone shares in October, grossing $2.1 million

Gerber will also be watching Wilfred Corrigan, LSI Logic`s chief executive. Corrigan made stock gains 11 out of the past 12 times he purchased LSI. His average gain was 48 percent, six months out from the purchases.

Shares of the Milpitas, Calif-based chip design company have yet to recover to their pre-trough price on Sept. 10.

Institutional investors spend millions annually for data on insider stock trades. You don`t have to. CBS.MarketWatch.com gives away a good chunk of that data for free. Go to our Research and Tools page, enter a ticker into Stocks in a Box, then click Insider Trading. Go There.

Or, go where we get the data - ThomsonFN.com. You can search insider buys and sells by ticker, or by industry, or the largest buys over a particular time period.

Have a look. It`s what many of the fund managers, analysts and strategists will be checking out next week.

Mike Tarsala is a San Francisco-based reporter for CBS.MarketWatch.com


Viel Spass noch !

V.Mac

[V.Mac]

Covad gibt Nutzer-Zahlen bekannt.

Das Wachstum im letzten Quartal 2001 war nicht so besonders, aber auf Jahressicht hat sich was getan, + 28% mehr Nutzer.

Covad ends year w/ 351,000 lines in svc (COVD) By Michael Baron
Covad Communications (COVD) is reporting operating statistics for the year, saying that as of Dec. 31, it had 351,000 lines in service, a 1 percent increase from Sept. 30, and a 28 percent jump from last year. The Santa Clara, Calif., broadband services firm, which recently emerged from bankruptcy, said that cash usage was reduced to below $20 million per month, which excludes bankruptcy-related payments and the funding from SBC. The company ended the year with a cash balance of roughly $290 million, an amount it expects to fully fund its business through cash flow positive in the second half of 2003. The shares closed Tuesday at $2.59, down 0.8 percent.

V.Mac

[V.Mac]

und heute gabs mal wieder die guten 20 % Plus (oder mehr ?)

warum? vielleicht darum ?

Covad Communications gains 20% (COVD)
Covad Communications (COVD) is expected to announce early next week a new security product to offer its small-business customers. Shares of Covad shot up nearly 20 percent in regular trading on Friday

Wenns hilft , bitte !

V.Mac

(versöhnlicher Wochenausklang ?)

[V.Mac]

Die Meldung vom Freitag noch mal etwas mehr im Detail:

SAN FRANCISCO (CBS.MW) - Despite tight spending budgets, the security software market is expected to jump 18 percent this year, according to a just released report by Dataquest.

According to analysts at Dataquest, a unit of Gartner, the security software market is expected to reach $4.3 billion, up from $3.6 billion in 2001.

"Enterprises are looking particularly at defensive security technologies such as antivirus software, intrusions detection systems and firewalls," said Colleen Graham, industry analyst for Gartner Dataquest`s Software Industry Research group.

This is good timing for Covad Communications, which is expected to announce this week its first product since emerging from Chapter 11 bankruptcy protection.

In keeping with its strategy of targeting small- and medium-sized businesses, the provider of wholesale high-speed Internet access will bundle access with security services, like firewalls and virtual private networks.

The new product, called TeleDefend, has a few customers signed on already and will sell for between $150 and $175 per month. It`s expected to be announced on Tuesday.

Shares of Covad Communications (COVD: news, chart, profile) shot up 21 percent on Friday. But on Monday, the stock perked up in the early going, but fell back with the overall market.

Small businesses, such as health-care services providers, may well find in TeleDefend a solution that addresses a sticky problem -- government regulations that require them to secure their online information, according to Eden Godsoe, a marketing group product manager at Covad.

The new services might not generate significant revenue for Santa Clara, Calif.-based Covad, but will likely help increase margins for each customer. Covad does not break out how many small-business customers it services directly.

Primarily, Covad sells wholesale to telecommunications carriers, such as AT&T (T: news, chart, profile) and SBC Communications (SBC: news, chart, profile), which in turn sell high-speed access directly to consumers or corporations.

With TeleDefend, Covad could theoretically end up competing with its carrier customers in selling directly to the small business.

Godsoe, however, said Covad doesn`t see the big carriers going "downstream" to target small businesses. Additionally, Covad has not made any decision regarding whether it would sell the security services wholesale to its carrier customers.

The security products sold were developed by Sunnyvale, Calif.-based NetScreen. According to Godsoe, Covad will pay NetScreen a small monthly fee.

V.Mac

[V.Mac]

Jetzt auch von Unternehmensseite

Covad Introduces TeleDefend Firewall and TeleDefend VPN/Firewall Security Services; Services Simplify Security for Small Businesses TUESDAY, FEBRUARY 05, 2002 9:04 AM
- BusinessWire

SANTA CLARA, Calif., Feb 5, 2002 (BUSINESS WIRE) -- Covad Communications (COVD) , the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, today introduced TeleDefend(SM) Firewall and TeleDefend(SM) VPN/Firewall, a fully managed firewall and VPN service designed specifically for small and medium sized businesses. Both products are supported by Covad`s Security Operations Center (SOC) which monitors the customers` location 24 hours a day, seven days a week. The SOC enables businesses to implement a simple, affordable managed security solution to help protect their vital information, reducing information technology (IT) staffing costs.

According to a 2001 study conducted by the Computer Security Institute and the Federal Bureau of Investigations, 85 percent of all companies surveyed experienced a network breach last year and 64 percent of these businesses reported financial losses as a direct result. With TeleDefend Firewall and TeleDefend VPN/Firewall, Covad has taken into consideration both the significant need for security along with the typical limited resources that a smaller business has to devote to security issues.

"The major advantage that these TeleDefend services provide our small business customers is peace of mind," said Eden Godsoe, marketing group product manager for Covad. "At the end of the day, they know that their always-on Internet connection is very secure. These services are smart choices for businesses who don`t want the hassle of selecting complex, confusing and expensive security solutions and would rather spend more time focusing on their business."

"Small businesses are becoming increasingly aware of the importance of incorporating robust security solutions into their broadband access," said Pat Hurley, TeleChoice DSL analyst. "Offers like Covad`s TeleDefend, which makes security easy to implement and maintain, are definitely filling a need in the small business broadband market."

With no up-front costs for ordering or installation, a TeleDefend Self-install Kit arrives in as few as five business days from the date of ordering. It is pre-configured and ready for immediate self-installation. Similar to the award-winning DSL JumpStart(TM) Self-Install Kit, the TeleDefend Self-Install Kit provides the customer with a simple three-step installation process. Once the customer successfully installs the kit, Covad`s specially trained IT professionals at the SOC configure the system and start proactively monitoring the customers` Internet security.

The SOC specialists provide reports on all attempted attacks to the customers` network. This includes various types of potential attacks, including port scans, address sweeps, and IP spook attacks. The system is designed to reduce attacks such as denial of service, which can be deadly for a business, and attacks by hackers who may be trying to get into proprietary or confidential information. The SOC also provides support during installation and handles all future configuration tuning.

TeleDefend Firewall and TeleDefend VPN/Firewall utilize a custom NetScreen device, based on the NetScreen 5XP platform. Designed specifically to filter all traffic to and from a company`s network, the NetScreen device provides a higher level of performance and security than software or router solutions. Additionally, the security system is routinely upgraded with new security updates as available, providing leading edge technology without any proactive monitoring by the customer. The NetScreen device has an unlimited user capability, meaning there is no limit to the number of seats or computers it can support within a local area network.

"The entire service line is designed to simplify the security experience," said Godsoe. "From the self-install kit to the SOC`s behind-the-scenes support to ongoing upgrades and patches, we make it easy for the customer. In fact, if the customer doesn`t even know they are using TeleDefend, we are doing our job right."

TeleDefend Firewall starts at $150 per month; TeleDefend VPN/Firewall starts at $175 per month. Information is available through Covad`s direct channel at www.covad.com or http://www.covad.com/businessservices/teledefend.shtml.

Viel Text, aber ganz interessant. Man muß nur abwarten, wieviele Kunden den Service in Anspruch nehmen und dafür bezahlen.

V.Mac

[V.Mac]

Heute mal eher - 13%. Für mich (vorerst) ohne Grund.

Es gab nur eine Meldung über einen Auftritt am 28.2.02, der via Webcast auch verfolgt werden kann.


Covad to Present at the Robertson Stephens Technology Conference; Robertson Stephens to Webcast Presentation
THURSDAY, FEBRUARY 21, 2002 8:59 AM
- BusinessWire

SANTA CLARA, Calif., Feb 21, 2002 (BUSINESS WIRE) -- Covad Communications (COVD) , the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, today announced that Charles E. Hoffman, CEO and president, and Mark A. Richman, CFO, will be presenting at the Robertson Stephens 19th Annual Technology Conference in San Francisco, Calif. on Thursday, February 28, 2002. The company presentation will be made available to the public via audio webcast.

Covad`s presentation will take place at 8:30 a.m. Pacific Time (30) on February 28, 2002, at The Palace Hotel in San Francisco.

The webcast may be accessed from the Investor Relations section of Covad`s website at http://www.covad.com/companyinfo/investorrelations/. A replay of the webcast will be made available by Robertson Stephens within four hours of the presentation, and will be accessible until 5:00 p.m. Pacific Time (00) on March 8, 2002.

Wens interessiert, der soll mal ruhig zuschauen und dann das Ergebnis hier reinstellen.

V.Mac

[V.Mac]

Covad erneut stark unter Druck

Vielleicht wegen der Diskussionen über eventuelle Regulierungen / Aufheben von Regulierungen ?

Nachzulesen bei Bannermann im Covad Thread

V.Mac

[V.Mac]

oder auch vielleicht, weil wieder ein DSl-Dienstleister ins Chapter 11 geht ?

UPDATE 2-Williams Comm. considers bankruptcy; shares plunge
MONDAY, FEBRUARY 25, 2002 2:38 PM
- Reuters U.S. Company News

(Adds details, updates stock price)

By Jessica Hall

PHILADELPHIA, Feb 25 (Reuters) - High-speed communications network operator Williams Communications Group Inc. (WCG) said on Monday it may reorganize under Chapter 11 bankruptcy protection, sending its stock down more than 60 percent, after a reversal of intentions made two weeks ago.

WCG, whose network connects 125 U.S. cities, said it continues talks with banks about other options to restructure its balance sheet. It aims to cut its costs by 25 percent, and said job cuts would likely be on that scale, as well.

If Tulsa, Oklahoma-based WCG filed for bankruptcy, it would be the latest network operator to become insolvent in an industry buckling under massive debt, slack demand for high-speed capacity and declining rates for transmission services.

"We`re not messaging that (bankruptcy) is the answer. What we`re saying is that we`re expanding our set of options to include that," WCG Chairman Howard Janzen said in a telephone interview. He said the company does not have a formal deadline to make a decision.

Shares of WCG, which transmits telephone and data traffic over its network for other telecom carriers and corporate customers, plunged 34 cents, or 67 percent, to 17 cents on the New York Stock Exchange. Its stock traded as high as $61.81 in March 2000. Over the past 12 months its stock has fallen 98 percent, down from $14.05 in February 2001.

Credit rating agencies Standard & Poor`s and Fitch Ratings cut their ratings after Williams` announcement.

The company, which went public in 1999, has failed to attract enough sales to fund operations, expand its network and pay nearly $500 million in annual interest payments on more than $5 billion in debt, analysts said.

"Operationally, the company seems to be doing well. The problem is all the debt. One out of every $2 they earn in sales goes to interest payments," Victor Valdivia, an analyst with Hudson River Analytics. "It`s really on the finance side where it had missteps. They had too much leverage relative to their current growth rate."

SPOOKED BY INDUSTRY WOES

Earlier this month, WCG said it did not expect to file for bankruptcy or to dilute shareholder value. It had until today to submit to its lenders a plan to restructure its balance sheet, but talks were clouded by the recent flood of bad news throughout the telecommunications industry, WCG said.

Rival Global Crossing Ltd. (GBLXQ) filed for bankruptcy in January amid allegations of improper accounting, and Qwest Communications International Inc. (Q) was forced to tap a $4 billion line of credit after failing to find buyers for its short-term debt.

"All of those factors weighed heavily. When we got down to final negotiations, those were the things that made the parties back away," Janzen said.

He declined to identify which "interested parties" balked, saying only they did not include its banks. These parties have a vested interest in the success of WCG, but were uninterested in taking equity stakes in the company, Janzen added.

A bankruptcy by WCG also may trigger $2.2 billion in liabilities for former parent company, Williams Cos Inc. (WMB) The energy company spun off 95 percent of WCG in April 2000, but guaranteed $1.4 billion of its debt and a $750 million lease. Shares of Williams Cos fell $1.52, or 9.33 percent, to $14.78 on the New York Stock Exchange.

WCG AIMS FOR DECISION SOON

WCG will hold talks with its banks this week, and it aims to make a decision on its restructuring or bankruptcy options as quickly as possible.

"We`re in for a period of instability as we move through this, so we don`t want to stretch that out. We want to do everything possible to minimize the time period of uncertainty," Janzen said.

Other telecom upstarts, such as XO Communications Inc. (XOXO) , plan to restructure their balance sheets through debt-for-equity swaps. Covad Communications Group Inc. (COVD) emerged from bankruptcy on Dec. 20 after its reorganization plan eliminated $1.4 billion in debt.

Janzen declined to comment on the company`s first-quarter forecasts, but said "it would be logical to assume that we`ll see some pressure due to uncertainty here, and again that speaks to the need for speed."

Earlier this month, WCG predicted its first-quarter revenues would rise at least 20 percent from the year-ago period. WCG reiterated on Monday that it had over $1 billion in cash as of Dec. 31, and is current on of its obligations.

V.Mac

[V.Mac]

Heute wieder ein leichtes Plus, da die Erwartungen in der Diskussion über erneute Zugangsbeschränkungen laut Covad eher so sind, daß dem Geschäftsmodell von Covd nicht viel passiert, d.h. daß die "grossen" landesweiten Telefongesellschaften die Leitungen nach wie vor öffnen müssen.
Morgen kommts da diesbezüglich zu einer ersten Entscheidung.

Aber lest selbst die Meldungen (viel Text)

Covad Confident Tauzin/Dingell Bill Will Not Become Law; Covad Will Remain Entitled to Use Phone Company Facilities for Its Nationwide Broadband Network
TUESDAY, FEBRUARY 26, 2002 5:30 AM
- BusinessWire

SANTA CLARA, Calif., Feb 26, 2002 (BUSINESS WIRE) -- Covad Communications (COVD) , the leading national broadband services provider utilizing digital subscriber line (DSL) technology, is confident that opposition to the "broadband bill", also known as the Tauzin/Dingell bill, is strong and the bill will ultimately fail to become law. The bill, H.R 1542, is scheduled for a House vote on Wednesday, February 27.

"The House vote is the end of the line for the phone companies because the highly contentious bill itself is almost certainly doomed," said Dhruv Khanna, executive vice president and general counsel of Covad. "More importantly, it is a bad bill for consumers. It simply limits consumer choice, and Covad calls on all policy makers to recognize the phone companies` efforts for what they are: efforts by four companies to re-monopolize the broadband market to the detriment of consumers, and to the benefit of themselves."

Although it is expected that the bill will pass the House vote, Covad does not expect it to pass out of committee in the Senate. The bill must go through committee approval in each congressional body before each chamber votes on it. If the bill ever got through the Senate, it would then have to go through the conference committee process, where competing versions would have to be reconciled. That entire process must be completed before members of Congress adjourn to begin the fall campaign season.

Regardless of what happens in the House on Wednesday, the phone companies` obligation to provide non-discriminatory access to their networks will remain law because of the requirements of the Telecommunications Act of 1996. Therefore, Covad remains entitled to use the phone companies` facilities to provide its nationwide high-speed connectivity services to current and future customers.

Although it is expected that the phone companies will claim victory in Wednesday`s House vote, Covad is confident that the Tauzin/Dingell bill will not become law and the debate will shift to a meaningful blueprint for broadband growth.

"Let`s move on to a more productive discussion on how competition is bringing access to broadband services," said Khanna. "Although the bill does not interfere with Covad`s existing customer base, nor does it significantly prevent us from continuing to serve future customers, it does undermine the principles of the Telecommunications Act. Covad`s financials continue to be strong and we look forward to continuing to build our business, offering consumer`s a choice and competing vigorously with the phone companies."


und weiter gehts:

Broadband Legislation Set for House Debate
TUESDAY, FEBRUARY 26, 2002 9:41 AM
- Reuters U.S. Internet News

By Jeremy Pelofsky

WASHINGTON (Reuters) - Hotly contested legislation that would give regional telephone giants a boost in the high-speed Internet market is set to be considered in the U.S. House of Representatives this week.

Dominant local phone companies, seeking the lucrative customer paying $50 a month for fast Internet service known as broadband, have been battling cable television companies and other telephone carriers for nearly three years over the bill.

Even if it clears the House, it faces opposition in the U.S. Senate.

"It still remains controversial but it`s clearly desperately needed for our country," Rep. Billy Tauzin said on Monday. "I think we`ll celebrate a big victory in the House and then we go onto the Senate (where) we`ve got our problems," said the Louisiana Republican who helped author the bill.

Sen. Ernest Hollings, the South Carolina Democrat who chairs the powerful Senate Commerce Committee, has said he is against the measure.

The so-called Baby Bells -- Verizon Communications (VZ) , SBC Communications (SBC) , BellSouth Corp. (BLS) and Qwest Communications (Q) -- are barred from the long-distance data and voice markets in their home markets until they prove their local networks are open to competitors.

Verizon and SBC have each won such permission in five states. BellSouth and Qwest have yet to win federal approval in their territories.

Telephone companies offering digital subscriber line, or DSL, service argue their cable rivals do not face similar network-sharing requirements and thus have a market advantage. There are almost twice as many cable modem customers as DSL customers, 5.2 million versus 2.7 million, government data shows.

DSL service over copper wire networks has a limited reach, usually working best when close to a telephone carrier`s central office. So the Baby Bells have been putting fiber in the ground which does not suffer from similar limitations.

CABLE COMPETITION

"Everyday we realize that our competition from the cable industry is fairly robust and we want to be able to offer customers more of a choice," said Michael Boland, Verizon <V-1> senior vice president for federal legislative matters.

"So in order for us to do that we have to get a new set of rules to justify these new investments" in new, faster fiber networks, he said.

The big local carriers have gone to Capitol Hill arguing Congress should pass legislation easing restrictions that require them to share copper networks for DS and insulate their new fiber networks from access requirements.

However, telephone competitors like Sprint Corp. (FON) and Covad Communications (COVD) , fear easing the existing access requirement would remove the incentive for the local giants to open their networks.

The legislation, coauthored by Michigan Democrat Rep. John Dingell, is slated to be debated on Wednesday despite numerous past delays.

"House members are hesitant to cast their vote for such a contentious bill that rewards anti-competitive behavior and solidifies the monopoly power of four large companies," said Peter Jacoby, vice president of congressional relations at AT&T Corp. (T) , the biggest U.S. cable and long-distance firm.

At least three amendments to the legislation will be debated on the House floor Wednesday, Tauzin said. Whether that is enough to overcome opposition in the Senate is unclear.

The amendments would authorize the Federal Communications Commission to set "reasonable and just rates" for access to the new fiber local networks, adjust the role for antitrust enforcers to examine competition in the market and enhance the FCC`s enforcement capabilities, he said.

"Any amendment would not be sufficient to make it a good bill," said Jason Oxman, assistant general counsel for Covad.

Hoffen wir das beste !!

V.Mac

[V.Mac]

und eine weitere Meldung, die nicht schlecht klingt, wie ich finde. Wieder viel Text aber es lohnt sich auf jeden Fall, es zu lesen.

V.Mac


Covad on the comeback trail


By Sergio G. Non
Staff Writer, CNET News.com
February 27, 2002, 4:00 AM PT


news analysis Going bankrupt and dropping off the Nasdaq might have been the best thing that happened to Covad Communications.
Just six months ago the once high-flying provider of fast Internet access looked like it would join its dying peers in the DSL (digital subscriber line) business. Covad`s growth was slowing, and the company was consuming more than $3 million daily while hardly making a dent in a $1.4 billion debt load. Financial analysts had stopped following the company and the Nasdaq national market had just delisted the stock--which still trades on the over-the-counter bulletin board--and many observers were writing off Covad along with rivals NorthPoint Communications and Rhythms NetConnections as victims of a market slowdown and Baby Bell intransigence.

Now it looks like Covad may have survived the worst, courtesy of a bankruptcy deal that enabled the company to restructure its finances. Investment analysts are sniffing around the stock again, and company executives are starting to reappear at events such as this week`s Robertson Stephens technology conference in San Francisco. And the customer base is still growing, albeit more slowly than before.



Covad may not be the success envisioned by its once-euphoric shareholders who saw the company`s stock price in the mid $60 range in early 2000. It still faces challenges from Baby Bells and new legislation that will come to a House vote Wednesday. But a dose of Chapter 11 bankruptcy, a shot of Wall Street humility, a new CEO and the disappearance of competitors have at least lifted the company`s gloom.

"We came out tremendously and further ahead than I ever would have expected us to be," said Charles McMinn, founder and chairman of Covad.

Covad has emerged from Chapter 11 and says it has enough cash to reach profitability without any more help from Wall Street. The company`s long-term debt has been virtually erased, and shares, if not robust, have at least climbed from the penny-stock range they occupied from June to November to $1.74 as of Tuesday`s close. Wall Street has been paying attention--on an average day, traders move more than 1 million Covad shares, which is very heavy volume for an over-the-counter stock.

Why Covad`s bankruptcy worked
Covad survived largely because it convinced bondholders to accept cash and a 15 percent stake in the company in lieu of the original debt agreement. Under the new deal, Covad`s creditors agreed to take 19 cents for every dollar owed. "You have to tell them that they take that or they get nothing," said Chris Stuttard, editor with BankruptcyData.com, a research firm. "At least they`re getting something."

Part of its new debt agreement required Covad to file for Chapter 11 bankruptcy to gain time it would need to convince the rest of Covad`s creditors to go along with the debt deal. Such "pre-packaged" bankruptcies, in which all the details are already known before the bankruptcy, tend to be shorter and more successful than normal Chapter 11 events, Studdard said.

Although the bankruptcy agreement let Covad erase its debt, the company still faced a liquidity crunch. The company was down to $205 million in cash and short-term investments by the end of September, while facing a burn rate of almost $70 million per quarter.

So Covad ran to its biggest shareholder and asked for a loan. SBC Communications, owner of a 5 percent stake in Covad, lent $50 million to the company last fall and agreed to pay $75 million immediately for future services. SBC also paid $10 million to get out of a previous deal and waived a $15 million marketing fee that Covad owed. Covad ended 2001 with $290 million cash, or enough to keep the company solvent until the middle of next year at its current burn rate of less than $60 million per quarter.

Common enemy
The fact that Baby Bell SBC loaned money to Covad, which tries to attract customers by offering better services than the Baby Bells, illustrates the convoluted nature of the DSL game.

Although the two companies compete, SBC and other Baby Bells can benefit from helping Covad, analysts said.

Regardless of the actual DSL provider, Bell companies earn money from every digital subscriber line because they own the central switching offices and the copper lines that connect them to individual buildings. Covad said it pays an average of $5 a month to lease a line already used for voice, and $20 per month for additional lines.

And SBC will be able to point to Covad as proof of competition when government regulators take a look at the telecom industry. Microsoft helped prop up Apple with an investment in 1997, ensuring that Microsoft could cite competitors when accused of being a monopoly. Covad could offer a similar scenario for SBC.

But the biggest reason to help Covad is common self-interest, said Jean-Christophe Deverines, analyst with Frost & Sullivan, a market research and consulting firm. The primary threat to the Baby Bells` broadband plans isn`t Covad, but cable companies, Deverines said. Cable modem users outnumber DSL customers by a wide margin, but DSL usage improves in markets where there is more than one major DSL provider.

"SBC realizes that it needs partnerships," Deverines said. "Without DLECs (data local-exchange carriers) or CLECs (competitive local exchange carriers), DSL is not going to fly...They`re not friends, but they know their main enemy is cable modems."

Last company standing?
Covad is far from recovering its status as a Wall Street darling, but at least one brokerage analyst believes Covad is worth another look.

"Covad is well positioned to become the leading pure-play broadband provider," wrote Kaufman Bros. analyst Vik Grover, who last month started covering Covad with a "buy" rating.

Of course, it`s not hard to lead if you`re the only one left.

In recent months, every other publicly traded "pure" broadband company has disappeared. NorthPoint and Rhythms went bankrupt and sold most of their assets to AT&T and Worldcom respectively. Cable modem service provider Excite@Home shut down as well.

"One of the best things that can happen is to be the last man standing," Deverines said. "Or the first man standing up again."

National telecom providers and competitive local exchange carriers--which buy about 90 percent of Covad`s lines and resell them--want a nationwide alternative to the Baby Bells. So Covad can benefit from its lonely role, some observers said. However, Yankee Group analyst Matt Davis believes that viewpoint overlooks smaller, regional DSL providers, the Baby Bells` own DSL operations, and, perhaps most important, the communications providers` internal expansion.

Even without NorthPoint, Rhythms and Excite@Home, Covad has some kind of competition in virtually all of its markets, Davis said. "This perceived vacuum of competition is a fiction," Davis said.

Uneasy alliances
The relationships between Covad and the Baby Bells remain uneasy, although it varies by company. McMinn characterized SBC as "much easier" to work with and Verizon Communications as "lousy."

Baby Bells are lobbying heavily for a congressional bill that would remove certain rules requiring them to share their networks with other broadband companies. Virtually all the Bells` competitors, including Covad, oppose the legislation, scheduled for a vote Wednesday in the House of Representatives. Covad issued a statement Tuesday arguing that the "broadband bill," or HR 1542, will be shot down in the Senate.

Dhruv Khanna, executive vice president and general counsel of Covad, said the bill is "ultimately doomed," but if it passes Covad will still be able to provide service. Under the Telecommunications Act of 1996, phone companies have an obligation to provide non-discriminatory access to their networks.

But even if the bill dies, Covad isn`t home free.

Covad could be shut out as some of its largest wholesale customers build their own DSL capability, Davis said. AT&T and Worldcom purchased the assets of NorthPoint and Rhythms, respectively, giving the two telecom giants space in many central switching offices.

"We definitely have seen a move to owning your own facilities and owning the customer," Davis said. "AT&T and Worldcom may prefer Covad in a wholesaling scenario, but where you`re looking to build your own facilities, you don`t need Covad."

The company has already been forced to scale back expectations from SBC, which had been its largest guaranteed customer. SBC`s loan last year may have kept Covad alive, but the new agreement also replaced a deal that had guaranteed $600 million in revenue to Covad over six years.

Unfortunately for Covad, most of that money wasn`t due until the final years of the contract, and the DSL provider needed the money immediately. "It was a very pragmatic reason to do the (new) deal with SBC," said Martha Sessums, Covad spokeswoman.

Relief from SBC meant sacrificing long-term revenue for short-term survival. But many service providers that might have expanded their own DSL networks to compete with or replace Covad cut back on spending. "Most of Covad`s competitors are in disarray, have exited the market, or pulled back on their broadband deployment plans," Grover wrote.

Promise of profits
McMinn believes the broadband market will support more than just one or two companies.

Covad`s network increased to 351,000 lines in the December quarter, up 1 percent from September and up 28 percent from 274,000 in the fourth quarter of 2000. Most of that improvement was fueled by market growth, not customers from other broadband companies, McMinn said.

Covad`s ability to keep growing despite its financial problems and the overall economic recession indicates there`s plenty of demand in the market, McMinn said.

Regardless of the actual level of competition, Covad still must answer a more fundamental question: Can high-speed Internet access be profitable for anyone? Covad`s cost cuts won`t matter if the company can`t improve drastically on its latest quarterly report, which included an operating loss of $108 million on revenue of $85 million.

The economic recession and spending reductions in the communications industry haven`t changed McMinn`s thinking on the business potential for DSL. Covad, which concentrates on the 50 largest U.S. metropolitan markets, is still sticking to its original goal of being profitable by the second half of next year. Forty of those markets already produce more cash than they consume, McMinn said.

But some analysts believe the plan is flawed. Although prices for DSL have risen in recent months as Wall Street pressured communications companies to focus on profits, Internet access in the long run simply isn`t a high margin business by itself, Davis said.

"We examined that model in late `99 and we came to the conclusion that you couldn`t really make it work selling dumb pipes," he said. "It commoditized much quicker than they anticipated. You have to have some value-added services with it...They will have to do something to generate more revenue."

Covad has started selling other services besides basic DSL access, including T1 lines and managed VPN/firewall security. They`re relatively new offerings, so it`s too early to say how much money they`ll make, McMinn said.

No matter how those products fare in the market, there is money to be made from basic DSL, Sessums said. DSL prices generally range from $39 to $49 per month for residential lines, which leaves an average of $19 to $29 in monthly fees to be divided between the ISP and Covad once leasing costs are subtracted.

A bad year hasn`t shaken McMinn`s belief in Covad`s original plan, which assumes it will take two years for a new market to produce cash earnings.

"It`s not like we changed our expectations as to when these cities would become cash-flow positive," McMinn said. "There`ll be plenty of customers for everybody...We`re going to add more subscribers. That`s all we have to do to get this business to profitabilit

[V.Mac]

und heute siehts nach zwei, drei Tagen nachgebender Kurse den zweiten Tag in Folge auch wieder positiv aus, oder ?

Auf USD Basis bei knapp 15 % plus, ist doch fast dem Thread-Titel entsprechend.

News habe ich keine gefunden.

Davon abgesehen, habe ich eh den Eindruck, daß die Meldungen, die ich laufend hier einstelle, nur von den wenigsten gelesen werden. Ich kann ja auch nix dafür, daß die immer gleich sooo lang sind. Und daß Englisch auch nicht jedermanns Muttersprache ist, ist mir ebenfalls klar. Auf jeden Fall würde ich mich über den einen oder anderen Kommentar bestimmt freuen, es sei denn, der Comment ist gegen mich gerichtet, hahahaha.

Grüße und beschaulichen Abend

V.Mac

[stephi06]

Ich freue mich über jede Info die hier veröffentlicht wird. Bin seit ca. 3/4 Jahr dabei und hatte die Sache eigentlich schon abgeschrieben. Eure Beiträge (V.Mac und Bannemann) haben meine Hoffnung nie ganz sterben lassen. Es scheint sich doch auszuzahlen. Danke dafür.

[V.Mac]

mal wieder Neueigkeiten:

Covad Enters 10 New Markets With TeleXtend T1 Service; Affordable T1 Service is Now Available to 2.1 Million Small Businesses Throughout Covad`s National Network
TUESDAY, MARCH 05, 2002 6:30 AM
- BusinessWire

SANTA CLARA, Calif., Mar 5, 2002 (BUSINESS WIRE) -- Covad Communications (OTCBB:COVD), the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, today added 10 new markets to its TeleXtend(SM) T1 service availability. TeleXtend is now available to 2.1 million small businesses throughout Covad`s national network; new markets include Baltimore, Md., Boston, Mass., Cleveland, Ohio, Kansas City, Kan. and Kansas City, Mo., New York, N.Y., Philadelphia, Pa., Raleigh, N.C., Sacramento, Calif., San Diego, Calif. and Washington D.C.

TeleXtend offers high speed Internet access at up to 1.5 Mbps with no distance limitations and is up to 30 percent more affordable than competitive T1 offerings. Previously, businesses requiring a reliable high-speed Internet connection often could not qualify for certain SDSL (symmetrical digital subscriber line) bandwidths due to distance constraints or technical limitations such as repeaters or bridge taps. With the introduction of TeleXtend, these businesses are now able to receive the appropriate bandwidth for everyday business functions such as email and high-speed document transfers.

"We chose TeleXtend because it was the most reasonably priced T1 offering," said Harry Ree, Network Specialist for The Source Group, Inc., a Covad TeleXtend customer based in Pleasant Hill, Calif. "Additionally, our installation was very smooth, Covad`s Web site kept us up to date on the details of the installation and we were actually online ahead of schedule."

Ernie Bergstrom of Cahners-In-Stat., an analyst who specializes in the DSL market said, "This is a good product for Covad because it expands their service offerings beyond DSL. The continued rollout of TeleXtend is a great example of Covad`s commitment to offer small businesses connectivity at affordable price points."

Customers can also track their order online with Covad`s unique Web Self Service offering, an online tool that enhances the broadband ordering and installation experience by enabling end-users and partners to electronically monitor the status of their orders, eliminating the need to call customer service.

"Covad is committed to bringing the value and reliability of TeleXtend to these new markets," said Todd Kiehn, senior product manager for Covad. "TeleXtend is offered at up to 30 percent less than competitive T1 services and is generally installed within 30 days of ordering, making it a smart choice for small and medium-sized businesses. Big company bandwidth can now be available at a price any-sized company can afford."

Covad expects the price for TeleXtend to begin at $449 per month for Internet access. Additional features are extra. TeleXtend is already available in the following markets: Atlanta, Ga., Miami, Fla., Minneapolis/St. Paul, Minn., San Francisco, Calif., St. Louis, Mo., Chicago, Ill., Dallas, Texas, Denver, Colo., Detroit, Mich., Houston, Texas, Los Angeles, Calif., Phoenix, Ariz., Portland, Ore. and Seattle, Wash.


Klingt nicht übel, wie ich finde.

V.Mac

[V.Mac]

Auch zum Wochenausklang wars im allgemeinen Börsentrend auch bei Covad positiv.

Die Delle Ende Februar haben wir auf jeden Fall (fast) wieder ausgebügelt.

Weiter so.

V.Mac

[V.Mac]

und wieder zwei Meldungen, einmal von Covad selbst( wegen Q4-Zahlen und Gesamt 2001) und eine Empfehlung auf Jahresendsicht mit 10 USD Kursziel. Dat wäre ja der Hit !


WESTPORT, Conn., Mar 20, 2002 (BUSINESS WIRE)

StocksAtBottom.com Announces Investment Opinions: Buy Ratings on Circuit City, Computer Associates, Covad ,EarthLink, Ford, JP Morgan Chase, and Tommy Hilfiger

StocksAtBottom.com (http://www.StocksAtBottom.com) gives you these stock opinions for the short term: StocksAtBottom.com has placed the following stocks on its must buy list: Circuit City, (CC) , Computer Associates, (CA) , Covad (OTCBB:COVD), EarthLink (ELNK) , Ford (F) , JP Morgan Chase (JPM) , and Tommy Hilfiger (TOM) .

Technology stocks continue to lag the market and at the same time be overvalued. Companies like Cisco (CSCO) , Intel (INTC) , Motorola (MOT) , Nokia (NOK) Dell (DELL) , and Hewlett Packard (HP) will continue to lag the market as they search for a new business model or renewal of their current business model. Hewlett Packard`s plan to merge with Compaq (CPQ) is the wrong deal at the wrong time. HP has failed completely in the personal computer market, yet they think the answer is to absorb another larger PC manufacturer. PC`s have become a commodity item, and Dell dominates the commodity with margins that are becoming thinner all the time.

Covad (OTCBB:COVD ) is http://www.StocksAtBottom.com `s stock of the year for 2002 with a forecasted year-end price approaching $10 per share from a current level of $2. Last year`s stock of the year choice was Office Max (OMX) at $1.81 currently selling for $5.76, up 318 percent from its recommendation price with a forecasted year-end price of $10 from its current level.

The subscription based Internet stock recommendation service believes that this year will be a period where you must be right on the stocks you own as opposed to hoping that the market in general will lift you to higher levels. This market is fully valued based on an economic recovery later this year. You have to own stocks that are out of sync with the market if you are to obtain price performance for the remainder of 2002.

-----------------------------------------------


und nun COVD´s Meldung:

Covad Communications Announces Fourth Quarter and 2001 Results Conference Call; Wednesday, March 27, 1:00 p.m. Pacific Standard Time
FRIDAY, MARCH 22, 2002 7:52 PM - BusinessWire

SANTA CLARA, Calif., Mar 22, 2002 (BUSINESS WIRE) --

Covad Communications Group, Inc. (OTCBB:COVD) will conduct a conference call to discuss its fourth quarter and 2001 financial results on Wednesday, March 27, 2002 at 1:00 p.m. Pacific Standard Time (PST). The conference call will be conducted by Charles Hoffman, Covad`s president and CEO, and Mark Richman, Covad`s CFO.

The conference call will be webcast over the Internet. To listen to the call visit the Covad website at www.covad.com/companyinfo. Investors and press may also listen by telephone to the call by dialing 212/896-6155 and are advised to call in ten minutes prior to the start time. The conference call will be recorded and available to listen to until 5:00 p.m. PST on Friday, April 5, 2002, by dialing 800/633-8284 or 858/812-6440, passcode 20472387, or by visiting the Covad website.

---------------------------------------

Na, wenns mal wieder die 20% plus bringt.......


V.Mac

[Aufstieg2000]

Hallo @all

Kann mir mal jemand verraten, wann die mal wieder in Deutschland handelbar sind ? Danke !

[V.Mac]

das mit der Wiederaufnahme des deutschen Handels kann ich leider nicht beantworten. Dies hängt, denke ich, von verschiedenen Dingen ab.

Sollte COVD wieder aus den Tiefen des OTC-Marktes in den Amex oder Nasdaq aufsteigen, wird, soweit ich weiss, automatisch auch wieder eine Börsenaufnahme in D stattfinden.

Auch als OTC-Wert könnte COVD in D gehandelt werden, wenn ein neuer Antrag gestellt würde (weiss nicht, wer den stellen muß) und der zuständige Makler die Betreuung wieder übernimmt.

Aber was viel wichtiger ist, heute gabs mal wieder die (fast) 20 % plus ( egal, an welcher Börse), da ein ganz guter Ausblick für die Zukunft gegeben wurde und auch die Zahlen für 2001 wohl den Erwartungen entsprachen. Wie immer, die Meldung im Orginal von bigcharts.com und auch viel Text.


Covad Communications Announces Record Fourth Quarter and 2001 Results; Revenues for Year More Than Doubled to $332.6 Million; Financial Performance Continues to Improve
WEDNESDAY, MARCH 27, 2002 5:30 AM
- BusinessWire

SANTA CLARA, Calif., Mar 27, 2002 (BUSINESS WIRE) -- Covad Communications, (OTCBB:COVD) announced its financial results for the fourth quarter and year ended December 31, 2001.

Revenue for the year was $332.6 million, a 110 percent increase over revenue of $158.7 million for the year ended December 31, 2000. Revenue for the fourth quarter was $89.5 million, an increase of 62 percent over revenue of $55.2 million for the fourth quarter of 2000.

"During one of the most challenging years in the history of telecommunications, Covad more than doubled its revenue and built a strong base for 2002," said Charles E. Hoffman, CEO and president of Covad. "We strengthened our balance sheet with the elimination of $1.4 billion of debt and worked hard to reduce our cost structure. We expect that the combination of these achievements with our anticipated revenue growth will result in our ability to achieve cash positive operations by the second half of 2003."

Through cost improvement measures, Covad was able to decrease its cash usage during the year from a high of over $200 million during the first quarter of 2001 to under $60 million for the fourth quarter of 2001. Cash on hand at the end of the year 2001 was $293 million, including approximately $9.2 million of restricted cash. (Cash usage is defined as the change in net cash used for operating activities plus capital expenditures and may be defined differently by other companies).

Continued improvements are expected to enable the company to reach cash flow positive from operations in the second half of 2003. At the end of 2001, Covad had over 40 of its 50 markets contributing positive cash flows to the business, excluding allocations of indirect costs and corporate overhead.

For the year, network and product costs increased by 6 percent, which reflects the growth of the subscriber base on the network. Despite the higher revenue, sales, marketing, general and administrative expenses declined 30 percent for the year to $205.2 million.

Loss from operations for the year ended December 31, 2001, was $536.9 million, a 60 percent improvement when compared to a $1.4 billion loss for the year ended December 31, 2000. EBITDA for the year ended December 31, 2001, was $386.0 million loss compared to a $1.2 billion loss for the year ended December 31, 2000, a 67 percent improvement. (EBITDA is defined as loss from operations excluding expenses for depreciation and amortization of property and equipment and amortization of intangible assets and may be defined differently by other companies.)

For the fourth quarter of 2001, loss from operations was $112.3 million compared to a loss of $854.1 million for the comparable period in 2000. EBITDA for the quarter ended December 31, 2001, was a loss of $74.5 million compared to a loss of $778.0 million for the quarter ended December 31, 2000.

Network and product costs for the fourth quarter of 2001 amounted to $96.7 million, a 34 percent improvement over the fourth quarter of 2000. Sales, marketing, general and administrative expenses of $36.5 million were down 58 percent over the fourth quarter of 2000. In addition, sales, marketing, general and administrative expenses decreased from the third to the fourth quarter of 2001 by 22 percent.

Net income for the year was $344.8 million compared to a net loss of $1.4 billion for the previous year. Included in 2001 net income is a $1.0 billion extraordinary item representing a gain on the elimination of long-term debt. This gain reflects the impact of Covad`s successful reorganization. Covad ended 2001 with $50 million in debt from SBC, down from $1.3 billion at the end of 2000 from prior issuance of long-term debt. Net income for the fourth quarter was $858.5 million for 2001 compared to a net loss of $907.5 for the fourth quarter of 2000. Excluding the extraordinary item for the gain on the elimination of debt, net loss for the year would have been $689.0 million and net loss for the quarter would have been $175.2 million.

For the year ended December 31, 2001, basic and diluted income per share was $1.94, compared to a net loss of $9.47 for the year ended December 31, 2000. Net income per share was $4.69 for the fourth quarter of 2001, compared to a net loss of $5.40 in the fourth quarter of 2000. The basic and diluted income per share attributable to the extraordinary gain on the elimination of debt was $5.83 and $5.65 for the year and quarter ended December 31, 2001, respectively. If the extraordinary income for the year was not included, net loss per share for the year would have been $3.89 and loss for the quarter would have been $0.96.

Covad`s subscriber lines in service at the end of 2001 increased 28 percent to 351,000 from 274,000 at December 31, 2000.

"We are focused on financial and business discipline," continued Hoffman. "We have sliced our cash usage, grown the number of customers using our network and services and anticipate that we will have enough cash to get us to a cash flow positive position. Our job is to continue to load our network, and with broadband demand still growing, we see only opportunity ahead of us."

Additional highlights during the year included:
-- Introduction of new business class products, TeleSoho and
TeleXtend, which bring big business services to small and
medium sized businesses.
-- Securing additional funding through restructured agreements
with SBC.
-- Strengthened executive management team with key additions.
-- Achieving almost exclusively 100 percent line sharing for all
new consumer installs.
-- Introduction of Covad JumpStart kit, an award winning
self-install kit that is key to keeping upfront consumer costs
low.

For the first quarter of 2002, Covad expects to show a nominal revenue improvement. This expected revenue growth along with expected cost improvements, specifically reductions in network and product costs and sales marketing, general and administrative expenses, is expected to result in a continued improvement in loss from operations for the first quarter of 2002. EBITDA loss is expected to improve to under $45 million and cash usage is expected to improve to under $50 million for the quarter.

"Covad is a much stronger company today than we were at the beginning of 2001," said Hoffman. "We have a new mix of products that elevates revenue as a measure of success, not just lines in service. We are focused on selling our services and re-energizing the Covad brand to make customers feel that they made a smart choice in buying Covad`s services, which can be a pivotal part of their operational strategy and business success."


Also: Auf gehts !

V.Mac

[Dr.Glocke]

Danke

V.MAC

für Deine Bemühungen.
Habe "leider" auch einige behalten.
Aber manchmal braucht eben auch ein Aktienkurs
die Zeit der alkoholischen Gährung.

Die wesentichen Facts Deiner engl-sprachigen Texte raffe ich schon noch.
Scheint ganz gut auszusehen.
Wäre es Dir möglich, eine kl. Zusammenfassung in D. zu bringen?

Gruß
Dr.Glocke

[V.Mac]

Tach auch !

@ Dr.Glocke: Ich war für ein paar Tage nicht da und konnte deshalb auch nix wesentliches zusammenfassen.

Allerdings gabs gestern wieder ne Meldung, um die es um die Zahlen des 1. Quartals 2002 geht. Ein leichter Zuwachs in der Gesamtkundenzahl um rund 2 % auf nun ca 359.000 User und Cash-Verbrauch von rund 45 Mio USD. Damit bleiben rund 255 Mio Cash in der Kasse.

Die Meldung im Orginal:

Covad Announces First Quarter 2002 Operating Statistics; Cash Usage Below $45 Million for the Quarter; 359,000 Lines in Service

THURSDAY, APRIL 18, 2002 7:00 AM


SANTA CLARA, Calif., Apr 18, 2002 (BUSINESS WIRE) -- Covad Communications (OTCBB:COVD), the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, today announced first quarter 2002 operating statistics as of March 31, 2002.

-- For the first quarter, cash usage was under $45 million for the quarter, ahead of previous guidance.
-- The cash balance as of March 31, 2002 was approximately $255 million.
-- Covad has approximately 359,000 lines in service on its network, a two percent increase from December 31, 2001.
-- Covad`s wholesale channel represents 93 percent of Covad`s total lines while its direct channel represents seven percent. The mix at the end of 2001 was 96 percent for the wholesale channel and four percent for the direct channel.
-- Approximately 50 percent of Covad`s total lines are business-class lines and 50 percent are consumer-class lines
at the end of the first quarter, compared to 52 percent and 48 percent for the fourth quarter of 2001.
-- Lines served through resellers for whom Covad recognizes
revenue only when it is paid was 13 percent as of March 31,
2002, unchanged from the previous quarter.
-- Covad`s average installation time during the first quarter, for completed orders, averaged less than 20 days for its business-class services. For self-install consumer-class services, average connectivity time was less than 10 days. These are both improvements over the previous quarter of 23 days for business and 11 days for consumer.

"We are ahead of our plans for improvements in cash usage and EBITDA," said Charles E. Hoffman, Covad CEO and president. "This is the first quarter that we will fully realize all of our cost reduction efforts from 2001. Our goal is to get to profitability as quickly as possible and we have the right financial structure in place to get there. We will continue to manage the size of our network based on economically responsible opportunities. We are focused on growing our subscriber base through our direct channel and through our wholesale partners."

----------------------------------------------


Alles in allem ein wohl moderates aber gutes Wachstum, so sollte der Weg tatsächlich weiterführen zur Profitabilität.


Grüße

V.Mac

[V.Mac]

wieder mal ne Meldung, viel Text.

Es geht soweit ich es richtig interpretiere, um eine neue Dienstleistung, die COVD seinen Geschäftskunden anbieten kann.

Covad Introduces Enhanced Service Level Agreements for Business Customers
TUESDAY, APRIL 23, 2002 9:05 AM
- BusinessWire

SANTA CLARA, Calif., Apr 23, 2002 (BUSINESS WIRE) -- Covad Communications (OTCBB:COVD), the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, introduced enhanced service level agreements (SLAs) for business customers in its direct and wholesale distribution channels. The agreements provide guarantees of 30 calendar days for installation of business-class lines, along with guarantees for reliability, service and support. Covad supports these SLAs from the customer site to the edge of the Internet, providing end-to-end protection for the customer throughout the Covad network.

"Covad listened to its wholesale and direct customers and developed service level agreements that provide high confidence in using Covad`s services," said Abhi Ingle, Covad vice president of Marketing. "Our goal has always been to get customers up and running fast, keep their services running reliably and ensure a first-rate experience with their broadband connections. These new agreements are proof that we stand behind these commitments."

The agreements are effective immediately for Covad`s direct customers as well as its wholesale Internet Service Provider (ISP) customers. Once Covad`s SLAs were released, EarthLink, a Covad wholesale customer, announced the availability of new SLAs to its business-class DSL customers on April 16, 2002.

Installation Interval Guarantee -- Get Customers Up and Running Fast

Covad guarantees its business-class, second line installation within 30 days from the time the order is accepted by Covad. If the installation period exceeds 30 days, Covad will credit the customer 50 percent of the first month`s recurring charge. Currently, Covad`s average installation time is less than 20 days for business-class services.


Reliable Service and Support -- Keep Services Running

Covad guarantees monthly service availability and time to restore service in the event of a service outage on a per line basis instead of a monthly average. The per-line guaranteed uptime, or service availability, is 99.9 percent for TeleSpeed DSL services and 99.99 percent for TeleXtend T1 services. If the monthly service availability target is missed, the customer is eligible for a credit of three percent of the monthly recurring charge for each additional hour above the target they are down.

The new SLAs also provide time to repair guarantees. Covad guarantees to restore TeleSpeed DSL services within 24 hours of the reported outage and TeleXtend T1 services are guaranteed to be restored within four hours from the reported outage. If Covad does not meet these target repair times, the customer will be eligible for an additional 10 percent credit of the monthly recurring charge for each line not restored within the applicable time frame.


Network Performance Guarantees -- Ensure Quality Performance

Covad`s network is maintained and optimized so there is minimal congestion and latency, or the data packet travel time through Covad`s network. As a result, Covad now offers average network delay and delivery guarantees. The roundtrip guarantees for average network delay are 10 milliseconds for regional traffic and 140 millisecond for national traffic. For Covad`s direct business-class services with an IP bundle, the round trip traffic guarantee is 110 milliseconds. Covad`s average delivery target is successful delivery of 99.9 percent of all data transmitted through the Covad network, including ATM (asynchronous transfer mode) cells and IP (Internet protocol) packets.

If the network delay or delivery time to repair exceeds one hour, customers are eligible for a five percent credit of their monthly recurring charge. If the time to repair is two hours or greater, the credit increases to 10 percent.

Covad`s SLA guarantees encompass end-to-end coverage in all parts of the network owned or managed by Covad, from the telephone box at the end user`s location to the edge of the Internet. This includes the local loop leased from the phone companies.

"We recognize that businesses want to work with companies that stand behind their guarantees," said Ingle. "Covad`s enhanced SLAs show that we are confident in our services and our network and that we are committed to making it easy for customers to focus on their business and not worry about their broadband connection."

Claims and credits will be processed based on a validation process that starts with opening a trouble ticket with the customer`s ISP, which will get passed on to Covad. If the customer is using Covad`s direct services, the trouble ticket will be opened with Covad. Upon receipt of the claim, Covad will investigate and validate all SLA claims. Appropriate credits will be issued on the customer`s next bill.

Covad plans to provide a monthly Network Performance Report as an enhancement of its automated on-line service management system. This report will allow ISPs and end users to monitor the health of the Covad network. It is expected that this reporting capability will be introduced in the second half of 2002.

Customers can refer to complete descriptions, terms and conditions available on the Covad website at http://www.covad.com/businessservices/slas.shtml.


Bis bald.

V.Mac

[V.Mac]

gute Zahlen !

Covad Communications Group Announces First Quarter 2002 Results
THURSDAY, MAY 02, 2002 4:18 PM - BusinessWire

SANTA CLARA, Calif., May 2, 2002 (BUSINESS WIRE) -- Covad Communications Group, Inc. (OTCBB:COVD) announced its financial results for the first quarter of 2002.

Revenue for the quarter ended March 31, 2002 was $101.7 million, representing a 42.7 percent increase over revenue of $71.2 million for the quarter ended March 31, 2001 and a 13.6 percent increase over revenues of $89.5 million for the quarter ended December 31, 2001. Revenue for the first quarter of 2002 includes $3.6 million from certain distressed wholesale customers for services provided and cash received in prior periods. The Company`s wholesale channel contributed $88.4 million, or 87.0 percent of revenue, while the direct channel contributed $13.3 million, or 13.0 percent of revenue.

Network and product costs were $88.8 million for the first quarter of 2002. Network and product costs decreased by approximately eight percent from $96.7 million for the fourth quarter of 2001 and approximately 34.3 percent from $135.2 million for the first quarter of 2001. For the first quarter of 2002, gross margin (revenue minus network and product costs) was 12.7 percent, which is the first quarter of positive gross margin for the Company.

"Our performance in the quarter was strong given current economic conditions," said Charles Hoffman, Covad president and CEO. "We continue to grow our revenues, including in our direct channel, which will allow us to better leverage our economies of scale and achieve profitability.

"Importantly, this is the first quarter of positive gross margin for the company where the majority of our markets made enough money to cover the network and product costs in all our markets," continued Hoffman, "This shows that our markets are growing, our business plan is on target, and that we are hitting our milestones on the way to becoming free cash flow positive. We are on track to meet that goal by the second half of 2003."

Selling, marketing, general and administrative costs were $38.6 million for the first quarter of 2002, a 38.5 percent decrease from $62.8 million for the first quarter of 2001 and a 5.9 percent increase from $36.5 million for the fourth quarter of 2001. The slight increase from the fourth quarter of 2001 is attributable to the administrative costs associated with the acquisition and migration of customers from Internet Connect during the first quarter of 2002.

EBITDA for the quarter ended March 31, 2002, was a loss of $21.9 million compared to a loss of $74.5 million for the quarter ended December 31, 2001 and a loss of $137.3 million for the quarter ended March 31, 2001, representing improvements of 70.6 percent and 84.1 percent, respectively. (EBITDA is defined as loss from operations excluding expenses for depreciation and amortization of property and equipment and amortization of intangible assets and may be defined differently by other companies.) Operating loss for the first quarter of 2002 was $56.4 million, which is a 49.8 percent improvement from the fourth quarter of 2001 and a 67.7 percent improvement from the first quarter of 2001.

Covad`s net loss for the first quarter of 2002 was $56.8 million, or $0.26 per share. This is an improvement of 71.4 percent and 77.4 percent, respectively, compared to the net loss of $198.5 million, or $1.15 per share, for the first quarter of 2001.

Covad`s subscriber lines in service increased approximately 12.5 percent to 359,000 lines, compared with 319,000 lines at March 31, 2001. This represents a two percent increase from Covad`s subscriber lines in service of 351,000 at December 31, 2001.

Covad introduced TeleDefend(sm) Firewall and TeleDefend(sm) Firewall/VPN in January. These are managed security suites that protect businesses` local area networks and virtual private networks from unauthorized access. The company also expanded its TeleXtend(sm) T1 services into 10 more markets, giving Covad the capability of serving 2.1 million small businesses in 21 markets throughout Covad`s national network.

"Broadband adoption continues to grow at a respectable rate," said Hoffman. "Covad is seeing the benefit of maintaining our tight cost controls, introducing new services, the expansion of our direct distribution channel and continued support from our wholesale partners. We will continue to have tight disciplines around all business activities with a focus on getting to profitability."


V.Mac

[V.Mac]

noch ne Meldung:

Covad Commends Senator Hollings for a Measure That Would Provide More Broadband Choices for Americans
FRIDAY, MAY 03, 2002 7:00 AM - BusinessWire

SANTA CLARA, Calif., May 3, 2002 (BUSINESS WIRE) -- Covad Communications (OTCBB:COVD), the leading national broadband services provider utilizing DSL (Digital Subscriber Line) technology, applauded Senator Ernest Hollings on his introduction of the "Broadband Telecommunications Act of 2002."

"Senator Hollings and the co-sponsors of the bill are the first to address the real problem facing the broadband industry today -- stimulating demand," said Charles Hoffman, Covad CEO and president. "Broadband services are available to over 85 percent of the country right now, so the discussion should be about the real issue of driving demand, not the artificial one of supply. Senator Hollings proposes an innovative means of energizing that demand and ensuring that broadband reaches every person in the country."

The bill addresses the challenges of rural broadband deployment, which has been one of the most controversial issues facing the industry. Instead of allowing the phone companies to regain their monopoly status as proposed by other prominent broadband bills, Chairman Hollings` proposal would spur rural deployment in a way that would encourage fair competition among broadband providers and ensure choice for consumers. The bill would make federal loans available to fund deployment of broadband-enabled remote terminals in rural and under served areas and ensure that those remote terminals would be available to all competitive broadband providers.

"Chairman Hollings has been one of the nation`s leading champions for true broadband competition," said Hoffman. "With this bill, he has addressed some of the most fundamental problems in our industry in a way that creates winners on every side of the table -- the phone companies, competitors like Covad and, most importantly, consumers and small businesses across America."

Senator Hollings` legislation would provide a pool of federal dollars from existing telecommunications funding programs which would be used to fund a variety of innovative programs that promote the widespread availability of broadband content and applications. It would provide a combination of loans and grants to facilitate adoption of broadband services.

The demand side initiatives include:
-- $250 million to provide improved broadband connectivity to
underserved communities
-- $50 million to provide improved broadband connectivity to
educational institutions
-- $200 million in grants to digitize library and museum content
collections

[V.Mac]

Posting Nr. 100 !

Covad Believes Line Sharing is Safe and Court Decision Will Have No Effect
FRIDAY, MAY 24, 2002 4:09 PM
- BusinessWire

SANTA CLARA, Calif., May 24, 2002 (BUSINESS WIRE) -- Covad Communications (OTCBB:COVD) believes that today`s decision from the US Circuit Court of Appeals in the District of Columbia should not ultimately have any effect on line sharing. The Court ruling sent the line sharing issue back to the Federal Communications Commission (FCC) for review, which has a history of strong support for line sharing policy. In fact, the FCC is already reviewing line sharing as part of its current triennial review process.

Covad founder and General Counsel Dhruv Khanna said, "While I believe the court was off-base in this decision, it ultimately shouldn`t change a thing for Covad and I believe that line sharing will remain in place. We believe we have a continued right to line sharing under our agreements with the phone companies and anti-trust law.

"The only reason the court cited for remanding the line sharing mandate back to the FCC is to allow the Commission to consider the availability of cable broadband service in its decision. Since the FCC unanimously supported line sharing originally, including the current chairman, we feel confident that the Commission will remain committed to keeping line sharing permanently. In fact, the FCC aggressively defended the concept of line sharing in this case as recently as March of 2002, with the full understanding of the impact of cable service on the broadband market. We also believe that Bell companies are required to provide Covad with line sharing under applicable state and federal laws."
.......................................................

Ich würde gerne die optimistische Meinung von Herrn Khanna teilen, aber der Markt siehts wohl eher anders.

Die Zeit wirds zeigen, ob der Optimismus angebracht war (ist)

Ich gebe mal noch nicht auf und hoffe, dass Covad sich behaupten kann.

V.Mac

[V.Mac]

Heute gehts noch mal heftig bergab. Bin mal gespannt, obs da noch mal ne Gegenreaktion gibt oder ob COVD wieder auf alte Tiefen im Bereich 30 - 50 US-Cents durchfällt.

V.Mac

[Bannerman]

Ich glaube, der Fall wird noch ein paar Tage anhalten, obwohl eine endgültige Entscheidung noch gar nicht vorliegt. Wahrscheinlich testen wir die Alltimelows bei 0,35 $ noch mal aus. Wenn es möglich ist, kaufe ich dann, aber erst dann, wieder nach. Immerhin bekomme ich wieder tägliche Notierungen aus Frankfurt (in $). Bis dahin halte ich mein Pulver trocken. Schließlich sollte man nicht vergessen, daß Covad noch ca. 200 Millionen $ Cash in der Kasse haben dürfte, und ein Geschäftsmodell selbst ohne line-sharing möglich wäre, z.B. bei kleinen Firmen, die auch den Telefonanschluß mitbestellen.

Jedenfalls herrscht mal wieder Panik in USA. Erinnert mich an den Zustand zur selben Zeit letzten Jahres.

Grüße an Dich,V.Mac, und alle anderen
°=-Bannerman-=°

[Bannerman]

Von den Analysten Kaufman, die Covad beobachten:
**************************************************
28 May 2002, 10:02 AM EDT Msg. 51034 of 51063

Kaufman Bros., L.P. (ALGX, COVD, FCOM, MCIT, TALK, WCOM)
28 May 2002, 09:01am ET
E-mail or Print this story
- - - - -
APPEALS COURT REVOKES LINE SHARING POLICY: Part 2 . With regard to the elimination of mandatory line sharing, we see no impact to Covad`s model. Already some of the RBOCs indicate they will continue to work with line sharing customers. However, the court gave RBOCs the opportunity to make their networks available on a business basis rather than by regulatory mandate. Covad has contractual agreements with all RBOCs which expire between 2003 and 2005. We not only think these agreements will be renewed, but also look for the Supreme Court and the FCC to mandate line sharing in follow-on decisions that should clarify the discrepancy between the Appeals Court`s views and those of the Supreme Court, which only several days earlier had sided with the FCC`s authority to set pricing for UNEs, among other things. Note that FCC Chairman Michael Powell has supported line sharing in the past, and the FCC has aggressively defended the concept in court. . Net/net: We think the Appeals Court decision has more bark than bite. In our opinion, it is disturbing that in these turbulent economic times, high courts could have such contradictory stances only days apart from each other. But at the end of the day, the Supreme Court and the FCC hold the cards with regard to unbundling. We look for clarity and resolution to these issues to be provided by the FCC`s triennial review completion this summer and by potential forthcoming Supreme Court actions. We recommend investors look past the line sharing issue over the near term with regard to Covad, given that the company has negotiated line sharing agreements with all RBOCs which protect it well past the response period for the FCC and the Supreme Court, which should uphold line sharing to the benefit of the DLEC/CLEC sectors. The ruling does not change our BUY thesis on (ALGX), (COVD), (FCOM), (MCIT), (TALK), and (WCOM) common shares. Click below to read more about subscribing to the full JAGnotes product. http://www.jagnotes.com/c/23/98.cfm?pagetitle=SubscribeNow Copyright 2002 JAGfn.com All Rights Reserved


(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
***********************************************************
Vielleicht wird ja doch nicht alles so heiß gegessen, wie es gekocht wird. Das Statement der FCC sollte innerhalb von 45 Tagen zu erwarten sein.

[V.Mac]

Salve, Bannermann !

So schlimm wie heute zum Börsenstart siehts ja gar nicht mehr aus. Im Tief bei US-Cents 85 und jetzt immerhin wieder bei 1,20 USD. Vielleicht haben wir ja wirklich heute den Tiefstand gesehen.

In FFM ist meines Wissens, wie überall in D, noch keine erneute Notiz von COVD erfolgt. Aber macht nix, man kann doch auch locker in den Staaten kaufen. Kostet nur etwas mehr Gebühr. Aber wenn mann dann etwa 200 % Steigerung mitnehmen kann, ists ja wurscht, ob ich 10 oder 30 Euro Spesen gezahlt habe.

Hofen wir das beste.

V.Mac

[Bannerman]

Ich komme gerade aus dem Kino wieder. Mußte mir den Schlamassel ja nicht live geben. Daß wir allerdings so hoch steigen, hätte ich mir nicht gedacht! Aber da ja viele bei 0.35$ gekauft haben, blieb wohl Ruhe drin. Und gemeinsam im Yahoo-Board leiden kann ja auch Frust lindern (sollen so ca. 15% der Aktien von den 544 Leutchen gehalten werden).

Welche Brokerfirma benutzt Du eigentlich?

[V.Mac]

also, ich fahre da zweigleisig. Einerseits habe ich ein "normales" Bankdepot, das aber trotzdem auch internetfähig ist. Auf der anderen Seite nutze ich gelegentlich auch ein Depot bei einem "reinen" Online-Anbieter.
Der Online-Anbieter ist gebührenmässig etwas preiswerter als die Bank, vor allem bei Orders im Ausland.

Die Sachen laufen beide über Sparkasse bzw. S-Broker

V.Mac

[V.Mac]

ohne weiteren Kommentar


Covad announces tiered pricing for DSL

By Tiffany Kary
Staff Writer, CNET News.com
June 10, 2002, 2:55 PM PT

Covad Communications is weeks away from launching a tiered-pricing plan for DSL (digital subscriber line) access, company executives said Monday.
"We strongly believe there is a tipping point that will convince the 50 (million) to 60 million dial-up users to migrate to broadband. And once they get there, no one will go back," Chief Financial Officer Mark Richman announced at a CIBC World Markets` communication conference in New York. "We`re within a few weeks of introducing a dial-up replacement product."

Cable companies, which compete with DSL companies to provide high-speed Internet access, have also shifted to tiered-pricing plans, as have a few Canadian DSL companies. DSL companies in the United States, including BellSouth and Sprint, have had variable prices for business-class DSL services.

Richman didn`t release any pricing details, but said the company hoped the move would influence federal regulators` pending decision on line sharing.

Cox has been testing tiered pricing in various markets since late 2001. AT&T, Comcast and AOL Time Warner have said they are considering tiered-pricing plans.

The cable companies say the plans give customers a range of options and note that only a small number of people use the most bandwidth. Some low-bandwidth customers like the idea because they don`t have to pay as much, but there have been complaints from higher-bandwidth customers that the companies are charging them more to provide less service.

Covad executives said they hoped the move would also help convince federal regulators to allow Covad and other companies to continue to have line-sharing access to the carriers` lines.

In May, the U.S. Court of Appeals for the District of Columbia struck down an FCC ruling that carriers must share lines for high-speed Internet service with competitors such as Covad. The agency is now reviewing what elements the dominant carriers must make available for rivals to offer service.

"Covad has taken a leadership position in lowering the cost of broadband for consumers. The FCC will look at this and see that it is companies like Covad that are leading the charge," Richman said.

Richman said he believed the FCC would rule in favor of continued line sharing: "We don`t feel there`s merit to arguments against it."

Covad provides DSL access directly to consumers and on a wholesale basis through Internet service providers such as EarthLink and AT&T.
-------------------------------------------

V.Mac

[V.Mac]

Covad beweist heute mal wieder etwas Stärke im schwachen Umfeld. Hängt wohl mit den Meldungen von heute zusammen. Der Zugangspreis für die DSL-Nutzung soll wohl reduziert werden. Das Orginal:

Covad Reduces Price of Consumer Broadband to $39.95 Per Month With $21.95 Introductory Price; Features Always-On Service and Speeds Up to Four Times Faster Than Dial-Up
WEDNESDAY, JUNE 19, 2002 12:00 PM - BusinessWire

SANTA CLARA, Calif., Jun 19, 2002 (BUSINESS WIRE) -- Covad Communications (OTCBB:COVD), introduced a digital subscriber line (DSL) consumer broadband service with a special offer of $21.95 per month for the subscriber`s first four months and $39.95 thereafter. TeleSurfer(R) Link features DSL`s always-on connectivity for easy Internet access and is available throughout Covad`s national network either direct from Covad or from participating Internet Service Providers (ISPs). Speakeasy, a national broadband services company, is currently offering the service.

"Covad is taking a leadership role by driving down prices and bringing broadband within easy reach of consumers who have never tried it because it was too expensive," said Charlie Hoffman, Covad president and CEO. "Now, consumers can try an always-on, faster broadband connection for the cost of dial-up. Consumers can easily move from their slow Internet connection that ties up the existing phone line to the always on, faster experience of broadband."

Covad, the leading national broadband services provider utilizing DSL technology, designed TeleSurfer Link to be attractive to current dial-up users with a risk-free offer. In addition to the low price, the Covad JumpStart(TM) Installation Kit with DSL modem is free after rebate and the service comes with Covad`s 30-day satisfaction guarantee. A full refund will be given if a Covad customer is not satisfied within 30 days. Subscribers who disconnect their Covad service within 45 days of installation are not eligible for rebate. In addition, if the service is bought directly from Covad, there are no annual commitments or disconnect fees. Offers may vary if this service is purchased through other ISPs.

TeleSurfer Link includes asymmetrical DSL (ADSL) connectivity plus Internet access, the basics for immediate connection and usage of the Internet. The always-on feature eliminates the problems inherent with dial-up Internet access, assuring there will not be hang-ups or broken connections, and allows constant, easy access to entertainment and information. TeleSurfer Link`s download service speed is up to 200 kbps or up to four times faster than 56k dial-up, with an upload speed of up to 64 kbps.

"DSL is now available to the majority of consumers in the U.S., but broadband adoption rates are still considerably lower than those for dial-up Internet access," said Pat Hurley, DSL analyst at TeleChoice. "The key to migrating the mass market of dial-up users to DSL is for providers to offer reliable and compelling services at a reasonable price. DSL offers like Covad`s TeleSurfer Link, which reduce the price gap between dial-up and broadband, make broadband a more attractive proposition to those users who are still `on the fence` about switching."

Internet connectivity is available within an average of 10 days from Covad and the easy to use Covad Jump Start Installation Kit is mailed to the consumer upon confirmation of the connection availability, typically arriving within two weeks of placing the order. Installation time usually takes 30 minutes. The service utilizes line-shared technology, allowing consumers to use both the telephone and the DSL connection at the same time.

"We want to make it easy to switch to an always-on connection," said Pat Bennett, Covad executive vice president and general manager, Covad Direct. "There are no hidden charges and no additional services required with your purchase. It`s an easy to buy and install service that will make using the Internet painless and experiencing broadband exciting."

The low cost consumer product is also expected be available through participating Covad wholesale partners that focus on the consumer market.

"We expect that our consumer wholesale partners will find this product attractive to their customers," said Chuck Haas, executive vice president and general manager, Covad Wholesale. "In fact, it should help drive demand; our research indicates that the majority of dial-up customers say that dial-up isn`t good enough and they want to move to affordable broadband."

"Broadband is changing the way we live our everyday lives," said Mike Apgar, president and CEO of Speakeasy. "Through our partnership with Covad, we will be offering consumers an affordable pathway from dial-up to DSL. Speakeasy is able to take a leadership role in helping spur demand for broadband and ultimately making Internet access more affordable for homes across America."

"Covad is obviously trying to drive demand for its services with TeleSurfer Link," said Hoffman. "This will be a great product that we expect to be profitable for both Covad and its ISPs due to low cost line-shared technology plus our automated back-office expertise that makes installation and maintenance cost effective

-----------------------------------------------------------

und weiter gehts:


Covad Communications (COVD: news, chart, profile) surged more than 5 percent after SBC Communications (SBC: news, chart, profile) vowed to maintain present line sharing agreements with its wholesale customers, a move that Covad believes adds "a crucial measure of assurance for broadband distribution within the Covad network." The company said that SBC`s commitment, coupled with existing obligations imposed on Verizon by the Federal Communications Commission, assures line-sharing service to its current and future customers in both Verizon and SBC regions.

---------------------------------------------------


das wars für heute, wieder viel Text.

V.Mac

[V.Mac]

Droht etwa weiteres Ungemach ? Die letzte Meldung zum Thema DSL - wireless Internet

PluggedIn: Fed Up with DSL? Go Wireless
TUESDAY, JUNE 25, 2002 1:44 PM
- Reuters U.S. Internet News

By Reed Stevenson

SEATTLE (Reuters) - Fed up with the long wait for high-speed Internet access?
After digital subscriber line services promising high-speed Net access over existing copper telephone wires fell well short of expectations -- with lengthy delays and installation problems -- a new wireless technology will come out later this year that promises to eliminate the hassle of getting broadband at home.
It`s a wireless connection based on third-generation mobile phone technology that will bypass problematic wire and cable networks to deliver fast Internet and telephone access to homes and businesses over airwaves.
"My impression is that people want broadband, and they`re not concerned whether its 100 K (kilobits per second) or 1 Meg (megabits per second)," said Greg Caltabiano, Soma Networks Inc.`s senior vice president for Worldwide Networks.
"They just want it to work," he said.
Wireless technology developer Soma`s solution is a box that users can buy in a shop or have sent to them at home that will work the moment the power is turned on, with minimal installation and configuration.
It will look like a cable modem but send and receive signals via a wireless connection based on W-CDMA, or wideband code division multiple access, one of the wireless technologies that will power the next generation of mobile phones.
So where can you get this new contraption, which has ethernet and telephone ports and sounds too simple to be true?
Telephone carriers and Internet services providers will be providing it under their own brands in the second half of this year, Caltabiano said, adding that users should look for the buzzwords "easy-to-use," "hassle-free" and "works out of the box."
While the number of broadband cable, DSL or high-speed network users has grown to 25 million, that only represents about one-tenth of the U.S. population and underscores the huge potential for growth in the market for fast Internet access.
San Francisco-based Soma says that it has been able to bring the costs of operating a broadband network low enough for carriers to deploy the new broadband technology at competitive rates.
That doesn`t mean it will be slow, however. Access speeds are expected to be upward of 12 megabits per second -- more than 200 times the speed of a regular dial-up connection.

LAST MILE TO NO MILE?

The issue essentially concerns "last-mile" connections, the last hop that carriers and Internet service providers need to link their networks into people`s homes.
Often, telephone networks are built on old copper wires, which were only meant to carry voice calls as analog signals.
And decades ago, cable companies delivering television to homes had no idea that they would one day compete with phone companies for subscriber dollars.
Still, the disillusionment with DSL has been more the result of the hype that preceded it, rather than the actual speed of deployment, argues Lee Rainie, a director of the Pew Project, which tracks online user trends.
"We see pretty steady growth that matches the adoption of other technologies," he said.
But for carriers, that`s not enough, as they seek to deliver good news amid a prolonged telecoms slump that has punished their share prices.

Last week, Verizon Communications (VZ) teamed up with Microsoft Corp. (MSFT) to co-brand its DSL service with MSN, Microsoft`s Web portal and Internet access service.

Covad Communications Group Inc. (COVD) rolled out a new high-speed Internet service last week with a price tag 20 percent lower than the typical $50 per month charged by phone giants like Verizon and SBC Communications.

Covad`s proposition avoids over-promising on DSL services: they offer lower rates in return for slower speeds and more reliable DSL access.

Soma`s Caltabiano said that carriers -- although he declined to identify which ones -- have been looking for a way to solve the high costs associated with deploying DSL and have held extensive trials with its wireless broadband technology.
In Japan, Soma will be delivering its technology to NTT Communications Corp, the Internet and long-distance arm of the incumbent former state telecoms monopoly, which is marketing its broadband Internet technology as an alternative to wireless LAN (local area networks).

But unlike wireless LAN, the Soma-based network will be secure and proprietary, thus shutting out nonpaying users that log in and eat up bandwidth.
So where can you get this in the United States? Well, that too, is a secret.
"By the second half of this year there will be a number of different areas where this will be provided," he said.

-----------------------------------------------------------------------------

Es steht zwar eigentlich nicht viel drin, vor allem werden keine Preise genannt, aber es könnte schon Konkurrenz bedeuten.

V.Mac

[V.Mac]

ohne weiteren Kommentar! Veränderung in der Personal-struktur.

L. Dale Crandall Joins Board of Directors of Covad
THURSDAY, JUNE 27, 2002 3:31 PM
- BusinessWire

SANTA CLARA, Calif., Jun 27, 2002 (BUSINESS WIRE) -- Covad Communications (OTCBB:COVD), said today that L. Dale Crandall has joined its board of directors and will serve on the audit committee. He replaces Rich Shapero who has left the Covad board.

Crandall brings to Covad 32 years of experience with Price Waterhouse. His last Price Waterhouse assignment was as the Southern California managing partner. During his Price Waterhouse career, he oversaw services provided to numerous clients including Bank of California, Hewlett-Packard, Chevron and Disney. Most recently, he has been president and chief operating officer of Kaiser Foundation Health Plan, Inc. and Kaiser Foundation Hospitals. He joined Kaiser in June 1998 as senior vice president and chief financial officer. Prior to joining Kaiser, he served as executive vice president, chief financial officer and treasurer of APC Limited.

He is also a member of the boards of directors of Union Bank of California and a Trustee of Dodge and Cox mutual funds. Dale graduated cum laude from Claremont McKenna College and earned an MBA from the University of California, Berkeley.

"Dale brings a wealth of experience in the public accounting and finance arena and will add to Covad`s continued dedication to strong financial discipline," said Charlie Hoffman, Covad president and CEO. "His experience in running large scale operations and enterprises complements his financial background, plus he knows how to focus on serving customers which will add to our emphasis of putting our customers first. We welcome him to our board."

----------------------------------------------------------------------

V.Mac

[V.Mac]

noch eine Personalveränderung:



Covad Promotes Brad Sonnenberg to General Counsel
FRIDAY, JUNE 28, 2002 6:00 PM
- BusinessWire

SANTA CLARA, Calif., Jun 28, 2002 (BUSINESS WIRE) -- Covad Communications (OTCBB:COVD), said today that Brad Sonnenberg was promoted to senior vice president and general counsel of Covad.

Sonnenberg played a leading role in reaching an agreement with Covad`s bondholders and in managing Covad`s successful restructuring that eliminated $1.4 billion in public debt. He will manage the legal department, including corporate transactional, litigation and government and external affairs, which is responsible for regulatory, legislative and other governmental advocacy and manages relationships with the Incumbent Local Exchange Carriers (ILECs.)

"Brad is a major contributor to Covad`s business strategy and will be a strong leader for the legal team," said Charlie Hoffman, Covad president and CEO.

Sonnenberg replaces Dhruv Khanna whose future role with the company is yet to be determined. "As a founder, Dhruv contributed invaluably to the company`s inception and growth," said Hoffman.

Sonnenberg joined Covad in 1999 and became deputy general counsel in 2000. Prior to joining Covad, he was an assistant U.S. attorney in the Major Frauds section at the U.S. Attorney`s Office in Los Angeles where he focused on prosecuting white-collar crimes. He received his law degree from the University of Chicago School of Law in 1982 and started his legal career as an associate at Debevoise & Plimpton in New York. He also served as an assistant state attorney in Miami, Florida.

------------------------------------------------------------

V.Mac

[V.Mac]

jetzt wars längere Zeit verhältnismässig ruhig um Covad, nicht viel zu finden. Aber jetzt gibts doch wieder zwei Meldungen.





ServicePower`s Advanced Scheduling Software Implemented by Covad
WEDNESDAY, JULY 24, 2002 10:36 AM
- BusinessWire

ANNAPOLIS, Md., Jul 24, 2002 (BUSINESS WIRE) -- ServicePower (UK:SVR) , a global developer and supplier of workforce optimization software for the Customer Relationship Management (CRM) market, today announced that Covad Communications (COVD) has successfully deployed SERVICEPower, its advanced scheduling software. Covad is the leading national broadband services provider of high-speed Internet and network access utilizing Digital Subscriber Line (DSL) technology. SERVICEPower has been in use since June of 2001, enabling Covad to efficiently schedule DSL installation and repair appointments for businesses across the U.S.

ServicePower initially started working with Covad in December of 2000 and completed implementation across the U.S. within six months. This included the integration of SERVICEPower with Covad`s existing service management system (SMS) used for customer care, trouble ticketing, and field service. Covad had several systems that needed to "talk" with the scheduling application, and it needed an interface that would address all communication requirements and be highly reliable in order to protect data integrity. "With the implementation of ServicePower, Covad has a high-performance scheduling system that supports the current and future needs of the company," said Nagaraju Bandaru, director of software engineering at Covad Communications.

With SERVICEPower, Covad has increased its level of automated scheduling and is optimizing its schedules throughout the day. "At ServicePower, we have always prided ourselves on the fact that all of our customers are reference sites," commented Ian MacKinnon, president of ServicePower Inc. "By successfully fielding this implementation for Covad, we have again proven that by working with our customers and delivering on our promises, we can provide a dynamic and flexible scheduling infrastructure that works

-----------------------------------------------------------------------------
wenns dem Kurs hilft !?!? Heute eher nicht.

-----------------------------------------------------------------

High-Speed Internet Subscribers Soar - FCC
TUESDAY, JULY 23, 2002 3:24 PM
- Reuters U.S. Internet News

WASHINGTON (Reuters) - The number of high-speed Internet subscribers jumped to 12.8 million lines in 2001, a surge of 80.3 percent for the year, according to statistics released on Tuesday by the Federal Communications Commission.

The number of subscribers to such service from their cable television companies almost doubled last year, with 7.1 million customers receiving service from operators like Charter Communications Inc. (CHTR) and Comcast Corp. (CMCSK)

There were 5.2 million cable-modem subscribers in June 2001 and 3.6 million in 2000.

Meanwhile, there was a 95 percent jump last year in customers using so-called digital subscriber line (DSL) service offered via traditional telephone lines by companies like Verizon Communications (VZ) and Covad Communications Group Inc. (COVD) .

There were 3.9 million DSL subscribers at the end of 2001, up from 2.7 million lines in June 2001 and 2 million at the end of 2000, the FCC said.

Of the 12.8 million lines in service at the end of last year, 11 million were residential and small business subscribers, up from 5.2 million in 2000, the report said.

The FCC said that 7.4 million of the total number of high-speed lines counted at the end of 2001 were transmitting data at speeds of more than 200 kilobits per second in both directions.

COVD 0.82 -0.08

------------------------------------------------------------------

Das klingt doch ganz gut, die steigenden Nutzerzahlen.
Davon sollte COVD schon ein Stück abbekommen (haben)

V.Mac

[laab]

HALLO V.Mac-
ist klar ,muss ja ruhig sein wenn Du nichts postest zur Zeit.Aber wenn was kommt wirds wie immer mindestens von einem(mir) mit Interesse gelesen.
Danke -und auf bessere Zeiten.
laab

[Aufstieg2000]

huhu, bin auch noch da und schaue regelmäßig vorbei...

Mach weiter so, V.Mac !

[Bannerman]

Hi Leute, bin auch noch da.

Im Yahoo Covad Club kursiert das Gerücht, daß der Deal zwischen Sprint und Covad kurz vor der Bekanntgabe steht. Er wurde als angebliche Insiderinfo dann aber gelöscht, bevor ichs lesen konnte. Ob das jetzt den Ausschlag gibt, weiß ich nicht - derzeit nur ein Gerücht.

Was Covad angeht, scheint eine Art Pressesperre zu existieren. Man hört nichts. Ich vermute, die Verkaufszahlen zum ersten Quartal wurden zu niedrig angesetzt, damit die jetzigen zum zweiten umso schöner werden. Heute ist auch Hauptversammlung. Geht ihr hin?

Ansonsten Gerüchte und Vermutungen nicht überbewerten. Aber vielleicht wird die nächste Zeit ja wieder spannnender. Und ein ca. 25% Intraday-Rebound ist ja auch ganz schön. Von 0,80 $ im Low auf 1,01 $ am Ende.

Grüße,
Bannerman

[V.Mac]

auf sooo viele Antworten war ich gar nicht gefasst !

Es gibt wieder eine Personalie zu vermelden:

Covad Appoints Andrew S. Lockwood as Senior Vice President of Marketing
THURSDAY, JULY 25, 2002 8:03 AM
- BusinessWire

SANTA CLARA, Calif., Jul 25, 2002 (BUSINESS WIRE) -- Covad Communications (COVD) , today named Andrew S. Lockwood as senior vice president of marketing.

Lockwood will be responsible for driving demand for Covad`s consumer and business class services. He will also lead Covad`s branding efforts, advertising, and overall marketing direction for the company. Additionally, he will manage core marketing responsibilities, such as product marketing and development, marketing communications and strategic planning.

"Andy will be responsible for raising the standard on Covad`s branding and marketing communications efforts," said Charles Hoffman, Covad CEO and president. "He has a solid sales and marketing background with an uncompromising focus on gaining quality results."

Lockwood brings to Covad 21 years of experience in telecommunications, sales and marketing. His last position was senior vice president and general manager of Inktomi`s Wireless Division where he was responsible for software engineering, product management, marketing, sales, finance, human resources, and strategy.

Prior to his position at Inktomi, Lockwood spent eight years at British Telecommunications (BT) in a variety of senior management positions. Most recently he was vice president of the Advance Alliance where he led the relationship between BT and AT&T Wireless, identifying and implementing joint global product developments and other business initiatives. He was also deputy COO at Telfort Mobil Netherlands, general manager of the Retail and Logistics Sector and held senior positions in Cable Television Services, BT Mobile and BT Cellular. Prior to his time at BT, Lockwood worked for Millicom, Hutchison Telecom, and ICI.

Lockwood was educated at University College of North Wales and Seale-Hayne College in Devon, England.

------------------------------------------------------------------------------

hoffentlich versteht ein kühler Brite was von der Vermarktung der DSL-Anschlüsse bei den heissen Amis !?! Ne, die von COVD werden sicg schon was dabei gedacht haben. Und wie immer:

Wenns dem Kurs hilft....

V.Mac

[V.Mac]

man glaubt es kaum: schon wieder neues Personal an Board !

Richard A. Jalkut Joins Board of Directors of Covad
FRIDAY, JULY 26, 2002 8:00 AM
- BusinessWire

SANTA CLARA, Calif., Jul 26, 2002 (BUSINESS WIRE) -- Covad Communications (COVD) , announced today that Richard A. Jalkut has joined its board of directors. He will fill a vacant position on the board.

Jalkut brings more than 35 years of telecommunications experience to Covad including extensive senior executive and start-up experience. He is currently the president and CEO of TelePacific, a Los Angeles-based competitive local exchange carrier. Prior to joining TelePacific, he was president and CEO of Pathnet Telecom.

Jalkut spent 32 years with NYNEX where he served as the president, CEO and chairman of the NYNEX telephone companies managing an organization of over 80,000 employees, serving 16 million customers and generating over $15 billion in annual revenues. He is also a member of the boards of directors of HSBC-USA and Birch Telecom and serves as the lead independent director of IKON Office Solutions.

"Dick will provide extensive telecom expertise and insight into the workings of the phone companies," said Charlie Hoffman, Covad president and CEO. "We welcome him to the board and anticipate leveraging his operational experience to help grow the business."

Jalkut graduated with a bachelor of arts degree in economics and political science from Boston College. He is also active in his community, serving as a trustee of the American Museum of Natural History, Boston College and the New York City Investment Fund. He is also chairman of Lesley University in Cambridge, Massachusetts.


V.Mac

[V.Mac]

und noch ne Neuigkeit:


Covad Signs Wholesale Service Agreement With Sprint; Agreement Enables Sprint to Offer DSL Service Over Covad`s National Network
MONDAY, JULY 29, 2002 7:01 AM
- BusinessWire

SANTA CLARA, Calif., Jul 29, 2002 (BUSINESS WIRE) -- Covad Communications (COVD) announced today that it has signed an agreement with Sprint (FON) (PCS) which provides Sprint with the ability to purchase wholesale DSL services. Under the agreement, Covad will provide Digital Subscriber Line (DSL) access for Sprint`s business-class customers in selected markets. Sprint expects to begin placing orders for Covad services in the third quarter of 2002. The Covad-Sprint DSL agreement does not contain any volume or revenue commitments by Sprint.

The agreement with Covad, a leading national broadband services provider using DSL technology, is expected to double Sprint`s potential market coverage for business-class DSL services. Covad provides service in 94 of the top Metropolitan Statistical Areas (MSAs) across the United States and currently covers more than 40 million homes and businesses, which represents approximately 45 percent of all U.S. businesses. This agreement does not impact DSL sales and operations through Sprint`s Local Telecommunications Division, which operates in 18 states and offers a similar service (Sprint FastConnect(R)).

"Sprint is a leader in today`s communications industry," said Charlie Hoffman, Covad CEO and president. "Combining our respective expertise in serving businesses will result in a powerhouse source for companies who want the best in high-speed access to enhance their business transactions. This contract is another proof-point of Covad`s continuing success in the business arena and development of our wholesale channel."

Covad will provide symmetrical and asymmetrical DSL (SDSL and ADSL) services as well as IDSL service, which serves customers at longer distances from their central office. The agreement includes the opportunity to purchase Covad`s T-1 service. All of these products can be used by businesses for high-speed Internet access either at the office or by teleworkers at home.

-----------------------------------------------

Diese Meldung vom 29.7.02 dürfte auch der Grund für den Anstieg gewesen sein. Klingt ja auch nicht schlecht.

V.Mac

[V.Mac]

Ein Tag, an dem die Spannung steigt ?!?

Donnerstag, 8.8.2002 gibts die vorläufigen Q2-Zahlen

Covad Communications Announces Second Quarter 2002 Results Conference Call; Thursday, August 8, 2:00 p.m. Pacific Daylight Time
FRIDAY, AUGUST 02, 2002 7:28 PM
- BusinessWire

SANTA CLARA, Calif., Aug 2, 2002 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) will conduct a conference call to discuss its second quarter 2002 financial results on Thursday, August 8, 2002 at 2:00 p.m. Pacific Daylight Time (PDT). The conference call will be conducted by Charles Hoffman, Covad`s president and CEO, and Mark Richman, Covad`s CFO.

The conference call will be webcast over the Internet. To listen to the call visit the Covad website at www.covad.com/companyinfo. Investors and press may also listen to the call by telephone by dialing 847-619-6534 and are advised to call in ten minutes prior to the start time. The conference call will be recorded and available to listen to until 5:00 p.m. PDT on Friday, August 16, 2002, by dialing 888-843-8996 or 630-652-3044, passcode 6045308, or by visiting the Covad website.

After the close of market on Thursday, August 8, 2002, and prior to the conference call, Covad will distribute a copy of the press release. The press release will also be available on the company`s website.


Mal hoffen, dass es gute Zahlen werden !!


V.Mac

[DirkvonColonia]

Am liebsten Tief-Schwarze Zahlen

[V.Mac]

Das hoffen wohl auch die Amis, weil es heute noch mal etwas nach oben ging.

Daumen drücken für eine (gute) Überraschung !

V.Mac

[V.Mac]

Die Zahlen sind da. Was mir nicht so gut gefällt, ist der Rückgang der Userzahlen.


Covad reports smaller 2nd-qtr net loss
THURSDAY, AUGUST 08, 2002 4:39 PM
- Reuters U.S. Company News

SANTA CLARA, Calif., Aug 8 (Reuters) - Covad Communications Group Inc. (COVD) , a high-speed Internet access provider, reported a smaller second-quarter net loss on Thursday, even as its total number of lines decreased.

Santa Clara, California-based Covad reported a net loss of $40.8 million, or 19 cents per share, compared with a year-earlier net loss of $175.5 million or $1.01 per share. Revenue in the quarter was $97.7 million, compared with $87.1 million a year earlier.

The company, which provides high-speed access over digital subscriber lines, or DSL, said it had about 357,000 lines in service at the end of the quarter, down 2,000 lines from the first quarter. Churn, or subscriber loss, was 4.2 percent, flat from the prior quarter.

For the current period, its fiscal third quarter, Covad said it expects revenue of $93 million to $97 million and a loss in the range of $24 million of $27 million before interest, taxes, depreciation and amortization.

Shares in Covad rose 6 cents at $1.27 on the over-the-counter bulletin board.

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V.Mac

[laab]

Was bringt der Deal mit AOL wirklich ?
Bin gespannt auf Einschätzung von V.Mac.Gegen den Trend heute +20% sagt ja nichts aus-oder?
Die wichtige 1USD Marke dürfte aber jetzt nach unten abgesichert sein.
Schönen Tag allen COVADLERN

[V.Mac]

erst mal die besagte Meldung von laab bezüglich AOL-Deal:

AOL can buy DSL services from Covad in 5-year pact
THURSDAY, SEPTEMBER 05, 2002 10:03 AM
- Reuters U.S. Company News

SANTA CLARA, Calif., Sept 5 (Reuters) - Covad Communications (COVD) said on Thursday it signed a five-year pact giving America Online access to its digital subscriber lines at a time when the Internet giant is trying to build its broadband, or high-speed, strategy.

AOL, the Internet arm of AOL Time Warner Inc. (AOL) , has the option of buying wholesale DSL consumer services on Covad`s network, which covers 40 million U.S. homes and businesses, the companies said in a statement.

Internet services providers like AOL have been trying to build their high-speed strategies in hopes of shifting members to the faster and pricier broadband service to offset the slowdown in dial-up subscriber growth.

Deals with DSL providers and cable companies are a major part of that strategy. Last month AOL gained access to part of AT&T Corp.`s (T) cable systems, the nation`s largest, through a complex deal that unwound a joint venture between AT&T and AOL Time Warner.

Financial terms for AOL`s deal with Covad were not disclosed. But Covad issued warrants to AOL to buy a total of 3.5 million shares of Covad stock, or about 1.5 percent of Covad`s outstanding shares.

The warrants, which will give AOL the option to buy Covad stock at $1.06 to $5 a share, are valued at about $3.5 million, the companies said.

Covad said it expects to record this value as a deferred customer incentive and charge it against revenue over the term of the service agreement.

The deal will also boost Covad`s distribution channels and the number of DSL lines it has in use.

Shares of AOL Time Warner were off 40 cents at $12.19 in early trading on the New York Stock Exchange. Shares of Covad were up 31 cents, or 27 percent, at $1.45.

--------------------------------------------------------------

Da schaut man mal zwei Tage nicht und versäumt doch gleich mal wieder heftig grüne Vorzeichen bei COVD. Natürlich werden die gestern erzielten Gewinne zum Teil wieder mitgenommen.

Auf jeden Fall sollte dadurch ohne grossen Kostenaufwand für COVD das Generieren von neuen Lines möglich sein, da bestimmt etliche AOL-Kunden auf das wesentlich bessere DSL umsteigen wollen/werden. Und durch diese Nutzer wird wohl eben auch COVD mitverdienen. Wohl nicht soviel wie bei eigenen Kunden, aber doch etwas.

Na und wenn AOL dann noch die Beteiligung über die erteilten Optionen eingeht, wäre es ja nur ein weiterer Vertrauensbeweis in das Geschäftsmodell von COVD. Für AOL ist die ganze Sache bestimmt auch lohnend, da mit diesem Deal ohne eigenen Netzaufbau eben rund 40 Mio potentielle Kunden mit DSL versorgt werden können.

Ich betrachte diesen Deal als ganz gut für beide Seiten, da AOL die Kunden und COVD die Technik hat.

Also: COVD doch eine Anlage mit Zukunft ?
Hope the best !

V.Mac

[V.Mac]

Eine Empfehlung u.a. für Covad von StocksAtBottom.com; wer immer auch dahinter steckt.

Der Aktie hilfts heute auf jeden Fall, wie es scheint. Die 1,60 USD sind erklommen. Hoffentlich hälts auch bis zum Handelsende auf dem Niveau.

Die Meldung:

StocksAtBottom.com Announces Investment Opinions: Buy Ratings on AOL Time Warner, Tommy Hilfiger, TYCO International, Walt Disney Co, and Covad Communications Group
TUESDAY, SEPTEMBER 10, 2002 11:30 AM
- BusinessWire

WESTPORT, Conn., Sep 10, 2002 (BUSINESS WIRE) -- StocksAtBottom.com (http://www.StocksAtBottom.com) gives you these stock opinions for the short term:

StocksAtBottom.com has stated that certain stocks in this volatile market have been oversold and should be bought on a long term basis. These stocks have been placed on StocksAtBottom.com`s must buy list. They include AOL Time Warner (AOL) , Tommy Hilfiger (TOM) , TYCO International (TYC) and Walt Disney Co (DIS) .

The viability of these companies is without question. They will continue to exist for decades to them. In the case of Tyco and AOL, you have a once in a decade buying opportunity.

Both Tyco and AOL will come roaring back as the economy improves. It is an environment where you must be a stock picker and you will not be able to rely on a rising market to carry your portfolio to higher prices.

Covad Communications Group, Inc (COVD) remains http://www.StocksAtBottom.com `s stock of the year for 2002. Currently at $1.23 per share, Richard Stoyeck, Chairman of the Westport, CT. based stock subscription service sees the stock up several times in a 12 to 18 month time frame. With zero debt, Covad is in an ideal position to take advantage of its strategic position. Last year`s stock of the year choice was Officemax (OMX) which was recommended at $1.81. The stock was removed from SAB`s recommendation list at $7.60 per share. Officemax provided a 400 plus percent gain.

The subscription based Internet stock recommendation service believes that we are coming out of a bear market environment that has lasted for three years. There will be more 15 percent lightning moves on both the upside and the downside. You have to be a stock picker in this market. You are not going to make money by hoping for the tide to raise all ships.

All information presented herein is the opinion of StocksAtBottom.com. We do not own directly or indirectly any shares in the stocks that are mentioned. We do not, have not, and never will receive compensation from any third-party regarding any stock recommendation we make.

StocksAtBottom.com, Westport
Richard C. Stoyeck, 203/341-9444
[e-mail]
[e-mail]

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Wenns dem Kurs hilft ?!? Kurze Anmerkung noch: Heute wirds/wars mal wieder ein 20%er.

V.Mac

[V.Mac]

ohne grossen Kommentar die zwei letzten Meldungen. Viel Spass beim Lesen !!



Covad Launches ``Popularizing Broadband`` Campaign to Educate Consumers and Businesses About the Benefits of Broadband
TUESDAY, SEPTEMBER 17, 2002 3:31 PM
- BusinessWire

SANTA CLARA, Calif., Sep 17, 2002 (BUSINESS WIRE) -- Covad Communications (COVD) today outlined the launch of its campaign to "popularize broadband." The national campaign includes programs, promotions and an advertising campaign to educate consumers about the benefits of broadband access. It also consists of improvements in the company`s tiered consumer services, including lowered pricing.

"Covad is making an aggressive effort to popularize broadband by offering improved tiered pricing, services and promotions that continue to make broadband affordable," said Charles Hoffman, Covad CEO and president. "We hope that the industry will continue to follow Covad`s lead and make broadband accessible to the majority of Americans so they can take advantage of the increasing uses for broadband."

Improved Tiered Consumer Broadband Services


The current popularizing broadband program introduces improvements to Covad`s tiered consumer services. This allows customers to choose the speed and pricing that best fits their needs. The changes are:

-- Increased speeds of TeleSurfer(R) Link are 384 kbps downstream
and 128 kbps upstream, which nearly doubles the speed of the
service to home users. Previously, the speeds were 200 kbps
downstream and 64 kbps upstream. The service features a $21.95
per month four-month introductory price, which then goes to
$39.95 per month. The recommended uses for the TeleSurfer Link
services are web surfing and email.
-- TeleSurfer Plus is now Covad`s mid-range product and its price
has been reduced from $59.95 to $49.95 per month. TeleSurfer
Plus speeds are 1.5 Mbps downstream and 128 kbps upstream. The
$21.95 per month four-month introductory price is also being
offered for TeleSurfer Plus. The recommended uses for the
TeleSurfer Plus services are web surfing, email, web space and
streaming media.
-- For TeleSurfer self-installation kits, the price has been
lowered to $99.00 from $199.00 and is free if a qualified
installation is eligible for rebate.
-- For TeleSoho(R), Covad lowered its price to $69.95 per month
from $89.95, and has lowered the price for the TeleSoho
self-installation kit from $275.00 to $199.00. The kit is free
if a qualified installation is eligible for rebate. TeleSoho
is ideal for home offices and can connect up to four
computers. It can be used for web surfing, email, web space
and streaming media.
Advertising Campaign


The consumer advertising campaign features television ads that recently began airing in Washington, DC and start running this week in the San Francisco Bay Area. The campaign will run in both areas through the end of the year and will also include radio, online and newspaper inserts. The consumer campaign, dubbed "Power to the People," uses a lighthearted hero character who entices consumers and entrepreneurs alike to "free themselves from the tyranny of slow dial-up connections" and to "Connect Smarter" with affordable high-speed Internet access from Covad.

The small business campaign utilizes print and radio to educate small businesses on the benefits of broadband over dial-up and more expensive alternatives. The radio advertisements transports characters from well-known fables such as "The Three Little Pigs" and "The Tortoise and the Hare" into small business situations. The print advertisements feature success stories of the little pig that became a "big pig" in business by "Connecting Smarter" with Covad. The small business advertisements first ran in June in Chicago and San Diego and are scheduled to run in 13 additional markets, including Atlanta, Dallas, Tampa, Boston, Denver, Houston, Los Angeles, New York, Phoenix, Portland, Seattle, San Francisco and San Jose. The advertisements are currently scheduled to run through the end of the year.

Gee Jeffery & Partners from Toronto developed the advertising creative. Wunderman Worldwide of San Francisco handled all media. The media purchase was approximately $15 million from June 2002 to the end of the year. To view the advertisements, check the Covad web site at http://www.covad.com/companyinfo/ads/.

Education Campaign


The popularizing broadband education campaign is a combination of community and public relations activities throughout Covad`s markets. The activities include a radio campaign to instruct listeners about broadband choices and how broadband can help them in their busy lives. Community activities include sponsoring small business seminars such as Dallas` KRLD radio "Building Your Business," concerts such as San Francisco`s Alice radio "Now and Zen Fest," and sponsoring the Washington, DC AIDS Walk. All activities in the grassroots campaign will be posted on the Covad Press Room at http://www.covad.com/companyinfo/pressreleases/.

"The popularizing broadband campaign is a very cost-effective way to educate a wide variety of people about the benefits of broadband and encourage them to transition from dial-up," said Andy Lockwood, Covad`s senior vice president of Marketing. "We want to take the lead in enticing dial-up users to come to broadband and have a high-speed, always-on Internet connection experience."

There are many growing and popular uses for broadband, including the new broadband game consoles which are for broadband players only, digital photography which is best sent over a broadband connection, Major League Baseball`s live on-line game broadcasts, web versions of encyclopedias and online education.


-----------------------------------------------------------

und weiter gehts:


Covad Ads to Pitch High-Speed Internet, Lower Fees
TUESDAY, SEPTEMBER 17, 2002 5:35 PM
- Reuters U.S. Internet News

By Jim Christie

SAN FRANCISCO (Reuters) - Aiming to appeal to cost-conscious and impatient Web surfers, Covad Communications Group Inc. (COVD) said on Tuesday it will spend $15 million promoting high-speed Internet access and discounted fees.

Covad Chief Executive Charles Hoffman said the company, which emerged from bankruptcy last year, was buying advertising to "popularize" broadband, Internet access -- and to promote the higher speeds of the company`s "TeleSurfer Link" program.

"America is poised and ready for broadband," Hoffman said, noting that Covad aims to break down resistance to high-speed Internet service, which consumers and businesses have been slow to buy because of high access fees.

Covad said it has improved its TeleSurfer Link program launched in June. The service, which does not tie up voice communication telephone lines, initially offered download speeds of up to 200 kilobits per second and upload speeds of 64 kilobits per second, and cost $21.95 for each of the first four months and $39.95 for each month afterward.

The cost remains the same, but download and upload speeds have nearly doubled, Hoffman told Reuters.

"It`s to stimulate the market ... to get everybody to talk about broadband," Hoffman said of the improved TeleSurfer Link offering and its advertising.

Additionally, Covad said the price for its "TeleSurfer Plus" program has been reduced to $49.95 per month from $59.95 per month, and the price for its "TeleSoho" service was cut to $69.95 per month from $89.95 per month.

ADVERTISING, ALLIANCES GEAR UP

Covad said its TV ads urging consumers to break free from the "tyranny of slow dial-up connections" recently began airing in Washington, D.C. and would appear this week in the San Francisco Bay Area.

Print and radio advertising aimed at small businesses will run through the end of the year in Atlanta, Boston, Houston, Los Angeles, New York, Seattle, San Francisco and other markets, Covad said.

Hoffman said advertising is necessary to increase numbers of U.S. households with high-speed Internet links. Only about 10 percent have broadband Internet access, compared with 40 percent of Canadian households, he said.

Santa Clara, California-based Covad announced earlier this month it had signed a five-year pact providing access to its digital subscriber lines to Internet giant America Online, which is building its high-speed strategy.

AOL, the Internet arm of AOL Time Warner Inc. (AOL) , has the option of buying wholesale DSL consumer services on Covad`s network. The deal will also boost Covad`s distribution channels and the number of DSL lines it has in use, the companies said.

Financial terms for AOL`s deal with Covad were not disclosed, but Covad issued warrants to AOL for 3.5 million shares of Covad stock, or about 1.5 percent of outstanding shares.

The warrants, valued at about $3.5 million, give AOL the option to buy Covad stock at $1.06 to $5 a share, the companies said.


Bis bald

V.Mac

[V.Mac]

Der nächste Deal, allerdings ohne irgendwelche Aussagen zu Nutzern/Abonenten und was COVD verdienen könnte.

Aber im Grossen und Ganzen sind doch in den letzten Wochen etliche gute News gekommen. Und jetzt kommt wieder das übliche blabla und was wäre, wenn das Börsenumfeld günstig wäre ? Wäre da COVD schon wieder zweistellig !?!?

Ich gebe die Hoffnung nicht auf.

Covad Signs Pact with AT&T
MONDAY, SEPTEMBER 23, 2002 4:32 PM
- Reuters U.S. Internet News

CHICAGO (Reuters) - Covad Communications Group Inc. (COVD) , which provides high-speed Internet access, on Monday said it signed an agreement with AT&T Corp. (T) giving the long-distance telephone and cable giant an option to purchase certain Covad services.

The agreement extends for three years, according to a filing with the U.S. Securities and Exchange Commission by Santa Clara, California-based Covad, which emerged from bankruptcy last year.

Further details of the deal, signed last week, were not provided.

Covad already has deals with EarthLink Inc. (ELNK) , SBC Communications Inc. (SBC) , Prodigy, Sprint Corp. (FON) and AOL Time Warner Inc. (AOL) , according to a report last week by Kaufman Bros. analyst Vik Grover. He expects the deals to contribute to revenue in the fourth quarter and more substantially in the 2003 first half.

Covad shares closed up 14 cents, or 9.33 percent, at $1.64 in over-the-counter bulletin board trading.


V.Mac

[V.Mac]

Es gibt wieder was zu berichten:

Ein Artikel, der sich über die allgemeine Nutzung des Internets und den Gebrauch von DSL im besonderen auslässt. Da ist die Stimmung nicht so gut, was die Steigerung von Neu-DSL-Nutzern betrifft.

Aber lest selbst.

NetTrends: Many Still Happy Living Without Broadband
WEDNESDAY, OCTOBER 02, 2002 3:09 PM
- Reuters U.S. Internet News

By Andrea Orr

PALO ALTO, Calif. (Reuters) - In retrospect, it seems a clear symbol of just how out of touch with economic reality the high-tech and telecom industries had become.

But three years ago, not a lot of people in these industries stopped to consider that a $70 or $80 monthly charge might deter the typical American consumer from buying online music, video and games.

The actual product they were peddling was broadband Internet access, and it was supposed to be an easy sell at any price. Yet today, even after prices in some markets have been cut in half, fewer than 15 percent of American households pay for broadband service over telephone or cable lines.

Broadband is a faster way of accessing the Internet over high-speed phone or cable lines which delivers a better online service with fewer disruptions and better access to rich media features like audio and video.

"In 1999 if you had given that figure when someone asked you about broadband adoption by the end of 2002, people would have laughed," said Bryan Bennett, a senior product manager at Covad Communications Group Inc. (COVD) , a major U.S. broadband provider. "A lot of people were thinking it would be closer to 50 percent."

"People overestimated the willingness of residential customers to pay $70 and more a month for these services. Everyone assumed that no one wanted up dial-up Internet access, and that wasn`t the case."

Santa Clara, Calif.-based Covad is typical of many companies that were so confident demand for broadband would explode that they poured millions into building the infrastructure to deliver it. Last year, buried under a mountain of debt and only tepid demand for its services, the company filed for bankruptcy.

Covad was more fortunate than some other businesses, such as ExciteAtHome Corp, which acquired so much debt it went out of business earlier this year.

But today, as a company that has successfully reorganized and emerged from bankruptcy, it is still looking for the key to rapid broadband adoption. Operating at less than 25 percent of its capacity, Covad has discovered that many consumers are unwilling to pay even a relatively low price of $21.95 per month for a high-speed Internet connection.

Years after high-speed Internet connections have been made available in most of the United States, many customers say they still see no compelling reason to switch from slower dial-up service.

The Internet research group Jupiter Media Metrix says it was way too optimistic about the growth of many online businesses, but not about broadband deployment. Jupiter analyst Joe Laszlo, who calculates that about 21 percent of all U.S. households with Internet access have a broadband connection today, says he finds that figure pretty impressive for a relatively new technology, and has actually revised earlier forecasts upward to account for the level of adoption today.

Still, Laszlo says large numbers of customers remain unwilling to pay $40 or $50 a month for broadband, and even more say they just have little interest -- at any price.

"About a quarter of the people we survey are what we call `broadband interested,` but that leaves about three quarters who say they just are not," Laszlo said.

Along with cost, says Laszlo, the lack of a "killer app," or a broadband service that offers a major advantage over dialup, remains a deterrent. Recent Jupiter research shows that access to online music remains one of the main drivers of broadband demand, while limited numbers of customers also find it useful in downloading software quickly, and in managing finances, paying bills and buying stocks.

Several high speed Internet service providers have recently made a renewed push to offer broadband services. Yahoo Inc. (YHOO) , which recently launched a new high-speed Internet service in conjunction with SBC Communications Inc (SBC) , last week unveiled a games on demand service in an effort win more business from the large market of serious gamers. Critics, however, said many of those gamers could continue to find it more cost effective to pay those games outright than to rent them from Yahoo.

And others believe it will never be a single service, so much as the several incremental advantages in speed and constant connectivity, that slowly convert more Internet users to broadband.

"We`re beginning to see that some customers are just tired of dialing up, Covad`s Bennett said. "They are tired of the busy signals and the lost connections. It could turn out that the killer app for broadband is just convenience."

----------------------------------------------------


Bis bald

V.Mac

[stephi06]

Covad Communications Announces Third Quarter 2002 Results Conference Call; Wednesday, November 6, 2:00 p.m. Pacific Standard Time

FRIDAY , NOVEMBER 01, 2002 08:55 PM

SANTA CLARA, Calif., Nov 1, 2002 (BUSINESS WIRE) -- Covad Communications Group, Inc. (OTCBB:COVD) will conduct a conference call to discuss its third quarter 2002 financial results on Wednesday, November 6, 2002 at 2:00 p.m. Pacific Standard Time (PST). The conference call will be conducted by Charles Hoffman, Covad`s president and CEO, and Mark Richman, Covad`s CFO.

The conference call will be webcast over the Internet. To listen to the call visit the Covad website at www.covad.com/companyinfo. Investors and press may also listen to the call by telephone by dialing 703/871-3085 and are advised to call in ten minutes prior to the start time. The conference call will be recorded and available to listen to until 9:00 p.m. PST on Friday, November 8, 2002, by dialing 888/266-2081 or 703/925-2533, passcode 6294387, or by visiting the Covad website.

schau`n mer mal ....

[V.Mac]

tja,...

das mit dem Conference-call bzw. den Zahlen fürs dritte Quartal wollte ich auch gerade schreiben. Habs auch nicht eher gesehen.

Wenn die Zahlen gut ausfallen, was vielleicht auch mit dem AOL-Deal zu begründen wäre, könnte es doch mal locker Richtung 2 USD gehen ?

Wenns nun aber (wider meinem Erwarten) nicht so passt, ja dann ist die Gefahr gross, dass wir die 1 USD wieder von unten sehen.

Einfach abwarten.

V.Mac

[V.Mac]

Also, besser spät als nie, die Q-3 Zahlen.

Alles in allem wohl "in-line", was jedoch den Investoren nicht geschmeckt hat (deshalb wohl auch der Rückgang am 7.11.02), dass ein positiver Cash Flow erst im 2. Quartal 2004 erwartet wird. Das bedeutet eine zeitlicher Verschiebung um ca. 6 Monate nach hinten.

Wer viel lesen will, viel Spass !

Covad Communications Group Announces Third Quarter and Nine-month Results
WEDNESDAY, NOVEMBER 06, 2002 4:11 PM
- BusinessWire

SANTA CLARA, Calif., Nov 6, 2002 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) today reported results for the third quarter and nine months ended September 30, 2002. Revenue was in line with guidance at $96.2 million and EBITDA was ahead of guidance at a loss of $14.7 million. Gross margin grew to 29.2 percent from 23.6 percent for the second quarter of 2002. Net loss was $51.7 million or $0.23 per share. Cash and investment balances, including restricted cash, as of September 30, 2002 were $228.7 million, representing a net cash usage of $17.1 million for the quarter. Line count increased to approximately 359,000 during the third quarter.

"We are executing our plan and believe that we turned the corner on line count during the third quarter. We continue to focus on controlling costs, prudent use of cash, and marketing and sales programs that will drive demand for broadband services and increase Covad sales," said Charles Hoffman, Covad president and CEO. "We are strengthening our distribution channels as evidenced by the wholesale agreements signed during the quarter and our direct channel performance continues to be strong. Our new marketing programs are beginning to show results and we believe the awareness created by our campaigns will have a lasting impact on our business and will continue to generate greater recognition of the benefits of broadband services in the marketplace."

Highlights


-- Covad`s direct channel continued to grow. The number of direct lines grew quarter over quarter by 18 percent and now represents approximately nine percent of total lines in service and over 14 percent of total company revenues.

-- Covad continued the extension of its network, expanding coverage in the current 94 Metropolitan Statistical Areas (MSAs) served, and ending the third quarter with approximately 1750 central offices in service.

-- Covad redesigned its Alliance Program, which now has over 700 affiliates selling Covad DSL services across the country.

Wholesale partnerships:


- America Online penned a five-year agreement providing it with the ability to purchase wholesale DSL consumer services throughout Covad`s nationwide network. Covad anticipates it will begin to receive orders in the fourth quarter of 2002.

- Sprint signed an agreement to distribute Covad`s DSL access services in selected markets to Sprint`s business customers. Sprint began placing orders in August of 2002.

- Expanded relationship with EarthLink to include additional consumer services that Covad expects EarthLink will begin offering late in the fourth quarter of 2002.

Launched the "Popularizing Broadband" campaign focused on programs, promotions and advertising to promote Covad services and educate consumers about the benefits of broadband access:

- Launched the "Power to the People" TV campaign in San Francisco and Washington DC to increase consumer awareness of Covad`s direct broadband Internet access services.

- Commenced direct small business marketing in select markets with print and radio campaigns, which are expected to continue into the holiday season.

- Launched introductory rates for our TeleSurfer services that are competitive with dial-up rates.

Hoffman continued, "During the fourth quarter, we will continue building brand recognition in the marketplace, while also focusing on gross margin improvement and churn management. The marketing campaign for our direct business will target small business customers who tend to generate the best margins. We are working extensively with our wholesale partners to develop programs that will generate line growth and reduce churn. In both distribution channels, we are showing modest improvement in churn, which continues to be a major focus for us."

Operating Statistics


-- Average revenue per unit (ARPU) remained solid at approximately $61.

-- The quarter-end aggregate unrestricted and restricted cash, cash equivalents and short-term investments balances of $228.7 million reflected capital expenditures of approximately $5.1 million and lower than expected net cash usage of $17.1 million.

-- Line count reached approximately 359,000 as of September 30, 2002.

-- Churn during the quarter was approximately four percent.

-- Business subscribers represented 49 percent of line count and the consumer service represented 51 percent, a slight shift from an even mix last quarter.

-- Approximately nine percent of Covad`s total lines are served through resellers for whom Covad recognizes revenue only when it is paid, down from approximately 11 percent at the end of the second quarter of 2002.

Third Quarter Financial Results


Revenue for the quarter ended September 30, 2002 was $96.2 million, an improvement of over 13 percent when compared to $84.8 million for the third quarter ended September 30, 2001, and down slightly from $97.7 million for the quarter ended June 30, 2002. The company`s wholesale channel contributed $82.3 million or 85.6 percent of revenue while the direct channel contributed $13.9 million or 14.4 percent of revenue during the quarter ended September 30, 2002.

Network and product costs were $68.1 million for the third quarter of 2002, a 34.1 percent decrease from $103.3 million for the third quarter of 2001, and an 8.8 percent decrease from $74.7 million for the second quarter of 2002. For the third quarter of 2002, gross margin was 29.2 percent, an increase from negative 21.8 percent from the third quarter one year ago and an increase from 23.6 percent for the quarter ended June 30, 2002.

Sales, marketing, general and administrative expenses were $42.6 million for the third quarter of 2002, compared to $46.6 million for the third quarter of 2001 and $35.4 million for the second quarter of 2002. The increase from the second to the third quarter is largely attributable to the company`s launch of its "Popularizing Broadband" campaign.

EBITDA for the quarter ended September 30, 2002, was a loss of $14.7 million, compared to a loss of $70.2 million for the quarter ended September 30, 2001 and a loss of $7.3 million for the quarter ended June 30, 2002. The increase in EBITDA loss from the second to the third quarter also reflects the increase in marketing expenses in the third quarter as well an increase in non-cash litigation-related expenses, offset by the improvement in network and product costs described above. Operating loss for the third quarter of 2002 was $51.9 million, compared to $108.1 million in the third quarter of 2001 and $39.5 million in the second quarter of 2002.

Covad`s net loss for the third quarter of 2002 was $51.7 million or $0.23 per share, compared to a net loss of $139.7 million or $0.79 per share for the third quarter of 2001, and a net loss of $40.8 million or $0.19 per share for the second quarter ended June 30, 2002. The net loss for the three months ended September 30, 2002 includes charges that should have been recorded in prior periods. These charges consist of additional depreciation expense of $9.6 million related to changes in Covad`s network configuration, which necessitated a reduction in the remaining estimated useful lives of certain assets, and a charge to network and product costs of $1.2 million related to the capitalization of certain network and product costs that should have been expensed.

Mark Richman, Covad`s chief financial officer, stated, "During the quarter, we devoted resources to our marketing programs as reflected by the increase in sales, marketing, general and administrative expenses for the quarter. We anticipate our marketing investments will generate continued line count growth in the fourth quarter, with revenue improvements to begin in the first quarter 2003. We continue to maintain a cost discipline that allows us to focus resources on funding growth."

Year-to-date Financial Results


Revenue for the nine months ended September 30, 2002 was $295.6 million, up from $243.1 million for the nine months ended September 30, 2001. The company`s wholesale channel contributed $254.3 million or 86.0 percent of revenue while the direct channel contributed $41.4 million or 14.0 percent of revenue during the first nine months of 2002.

Network and product costs were $231.6 million for the nine months ended September 30, 2002, down from $359.9 million for the comparable period in 2001. Sales, marketing, general and administrative costs were $116.6 million, down from $168.7 million for the same period in 2001.

EBITDA loss was $43.9 million for the nine months ended September 30, 2002, compared to a loss of $311.5 million in the same period in 2001. EBITDA loss for the nine months ended September 30, 2002, includes a $9.0 million non-cash recovery for litigation expenses, while the EBITDA loss for the comparable period in 2001 included $25.5 million of expenses related to restructuring, asset impairment and litigation. Covad`s net loss for the nine months ended September 30, 2002 was $149.3 million or $0.68 per share, compared to the net loss of $513.7 million or $2.94 per share for the nine months ended September 30, 2001.

Business Outlook


Covad currently expects revenue for the fourth quarter to be in a range of $92 million to $95 million with continued subscriber growth. The results for the first nine months of 2002 include revenues from certain cash basis customers for services provided and payments made in prior periods that are not anticipated during the fourth quarter of 2002. For the fourth quarter of 2002, the company expects EBITDA loss to be in a range of $25 million to $30 million and cash usage to be approximately $30 million, including capital expenditures. Based on the results for the first nine months of 2002, the anticipated results for the fourth quarter and the related timing of subscriber growth, Covad expects to reach EBITDA positive in the second half of 2003 and cash flow positive, including cash for capital expenditures, in mid 2004. The change of approximately six months is largely related to slower than anticipated subscriber growth. Despite the change in guidance, Covad continues to believe that it has a fully funded business plan.

Conference Call Information


Covad will conduct a conference call to discuss these financial results on Wednesday, November 6, 2002 at 5:00 p.m. Eastern Standard Time (EST)/2:00 p.m. Pacific Standard Time (PST). The conference call will be webcast over the Internet. To listen to the call visit the Covad website at www.covad.com/companyinfo. Investors and press may also listen by telephone to the call by dialing 703-871-3085 and are advised to call in ten minutes prior to the start time. The conference call telephone replay will be available until 9:00 p.m. PST on Friday, November 8, 2002, by dialing 888-266-2081 or 703-925-2533, passcode 6294387. The webcast will be available until Friday, November 22, 2002.

Definition of Terms


EBITDA: defined as loss from operations excluding expenses for depreciation and amortization of property and equipment and amortization of intangible assets and may be defined differently by other companies. EBITDA should not be considered a substitute for other results reported in accordance with generally accepted accounting principles, such as net loss, loss from operations or net cash used in operating activities.

Gross margin: defined as revenues less network and product costs.

Net cash usage: defined as the net change in cash and cash equivalents, short-term investments and restricted cash and investments.

---------------------------------------------------------

V.Mac

[V.Mac]

Tja, es gab mittlerweile seit dem 14.11.02 etliche Meldungen, aber ich hatte einfach keine Lust, alles hier einzustellen.

Und dem Kursverlauf hats ja auch nicht so gut getan. Ich hätte mir zum Jahresende viel lieber Kurse so um die 2 USD erhofft und nicht wieder deutlich unter 1 USD !! Aber was solls. Dann kanns ja in 2003 wieder aufwärts gehen.

V.Mac

[V.Mac]

hoffentlich gehts mit dem Tempo der letzten Tage wirklich aufwärts dieses Jahr !

AT&T sets $1.54 bln in Q4 charges (7:43 AM ET) AT&T(T: news, chart, profile)said it`s taking $1.54 billion, or $1.75 per share, in charges in the fourth quarter, including two yet-to-be declared charges of $440 million, or 35 cents per share. Ma Bell said it`ll report a pre-tax restructuring charge of approximately $240 million for costs associated with the planned layoffs of 3,500 employees. The company said it expects the restructuring charge to have an earnings-per-share impact of approximately 20 cents per share in the fourth quarter. Separately, AT&T and Covad(COVD: news, chart, profile)extended their agreement so that AT&T can offer high-speed Internet access to more of its 50 million consumer customers. Because AT&T will primarily offer services using Covad`s network, AT&T will take an asset-impairment charge of approximately $200 million, or about 15 cents per share, related to the value of AT&T`s DSL network assets. As previously indicated, AT&T will take an asset-impairment charge of approximately $1.1 billion in the fourth quarter associated with its past investment in AT&T Latin America. This charge is expected to have an earnings-per-share impact of approximately $1.40 in the fourth quarter of 2002. Shares of AT&T rose 66 cents to $27.66 on Friday.


Die Meldung von AT&T klingt doch auch für COVD nicht schlecht.

Stay tuned !!

V.Mac

[V.Mac]

Mal wieder positive News in Form eine BUY-Bekräftigung von Kaufman Bros.

Das sollte, wenn die Erwartungen getroffen werden bzw. sogar überschritten werden, Raum für einen weiteren Kursanstieg lassen.

Covad Communications (COVD: news, chart, profile) gained more than 10 percent in late action. Kaufman Bros. is out with a research note reiterating its "buy" rating on the shares, saying that it expects Covad to pre-release operating statistics for the fourth quarter after Monday`s closing bell or Tuesday morning. The firm expects the company to meet its outlook for net subscriber additions of between 20,000 to 25,000. It also believes Covad will beat its outlook for EBITDA (earnings before interest, taxes, depreciation and amortization) of $25 million in the period. "Accelerating growth should attract a new round of investors to the stock, as growth has been a missing key ingredient to the Covad story without which the company cannot prove its model is viable," Kaufman said.

Schön wärs.

V.Mac

[V.Mac]

Tja, leider sind die Zahlen nicht so ausgefallen wie erhofft, sondern etwas schwächer.

Covad says 4th-qtr revs to fall below forecasts
TUESDAY, JANUARY 14, 2003 10:48 Reuters U.S. Company News

SANTA CLARA, Calif., Jan 14 (Reuters) - High-speed Internet access provider Covad Communications Group Inc. (COVD) said on Tuesday its fourth-quarter revenues will fall below expectations, but it added more lines in service and reduced customer losses.

Shares of Covad shed 14 cents, or 10 percent, to $1.26 in Bulletin Board trading.

The company said its quarterly revenues will be smaller due to certain investments in customer acquisition and incentive programs. Accounting rules require that about $6.6 million of these expenses be classified as "contra revenue," thus reducing its net sales, Covad said. It did not provide a new forecast for its fourth-quarter sales.

The Santa Clara, California, company, which provides high-speed Internet access over ordinary telephone lines, said it added 23,000 lines during the fourth quarter, bringing its total lines in service to more than 381,000. Customer turnover, or "churn," dropped to 3.4 percent in the fourth quarter, down from 4.0 percent in the third quarter.

The company ended the year with $205 million in cash, cash equivalents and short-term investments. It used about $24 million in net cash during the quarter.

Covad recently forged contracts or expanded agreements with companies such as AOL Time Warner (AOL) , AT&T Corp. (T) , EarthLink Inc. (ELNK) and Sprint Corp. (FON)


Naja, es besteht auf jeden Fall noch Hoffnung, dass COVD die nächsten zwei Jahre aufgrund seiner Cash Position übersteht und bis dahin vielleicht auch profitabel arbeitet.

V.Mac

[V.Mac]

wieder mal zwei Meldungen.

Dhruv Khanna, einer der Covad -Mitbegründer, ist aus dem Unternehmen ausgeschieden.
Warum ? (Noch) Nix gefunden.

Khanna No Longer Employed At Covad

MONDAY, JANUARY 20, 2003 5:00 PM - BusinessWire
SANTA CLARA, Calif., Jan 20, 2003 (BUSINESS WIRE) -- Covad Communications, (COVD) said today that Dhruv Khanna, one of Covad`s founders and former General Counsel, is no longer employed by Covad. Covad wishes him well in his future endeavors.

und dann noch ne Meldung von der FCC

FCC Likely to Keep Broadband Competition -Sources
FRIDAY, JANUARY 24, 2003 5:33 PM
- Reuters U.S. Internet News

By Andy Sullivan

WASHINGTON (Reuters) - U.S. regulators are likely to continue to allow high-speed Internet providers to reach customers through the existing phone lines of local-phone giants, sources familiar with the situation said on Friday.

But in an effort to encourage new investment, the Federal Communication Commission will not require established "Baby Bells" like BellSouth Corp. (BLS) . to share any new networks they build with competitors, sources said.

The FCC`s move would likely keep broadband prices down, as the Bells would have to compete for high-speed Internet customers with independent providers like EarthLink Inc. (ELNK) and Covad Communications Group Inc. (COVD) as well as cable-TV providers.

The FCC has been ordered by a federal court to reconsider rules that govern broadband and local-phone competition, and the agency is expected to vote on the changes at its open meeting on Feb. 13.

While local-phone competition rules are still up in the air, sources say the five FCC commissioners have largely agreed on the rules for broadband access.

An FCC spokesman declined to comment on the proposed rules.

According to the 1996 Telecommunications Act, dominant networks like Verizon Communications (VZ) must allow competitors to lease the "last mile" of telephone wire that runs to customers` homes, as well as other facilities.

Those copper wires can carry both voice communications and high-speed Internet service using a technology called "digital subscriber line," or DSL.

DSL and other broadband technologies allow users to surf the Internet at speeds five to 50 times faster than a regular dial-up connection.

Bell companies, which offer DSL as well as voice services, complain that the rules put them at a competitive disadvantage to cable-TV providers, which also provide broadband access and are not required to give competitors access to their networks.

Removing those rules would allow them to better compete with cable providers such as Comcast Corp. (CMCSA) , which currently serve about two-thirds of the nation`s 16 million broadband lines.

Qwest Communications International Inc. (Q) and other Bells have lowered their rates from $50 to roughly $40 per month over the past year to match prices offered by Covad and other independent providers.

Under the FCC`s proposed rules, they would continue to face such competitive pressure on existing networks. But they would not be forced to share access on new high-speed networks they build for new housing developments.

"If the FCC moves in this direction, it will ensure that the consumer will continue to enjoy low-priced, innovative broadband services," said Jason Oxman, Covad vice president and assistant general counsel. "The commission`s decision to preserve line-sharing would be a real win for consumers and small businesses."

A lobbyist for local-phone provider SBC Communications Inc. (SBC) said the proposal could run afoul of the court`s ruling, which required the FCC to take competition from cable companies into account.

"From a legal perspective, this type of outcome would be very troubling," said Jim Smith, a senior vice president at SBC.

However, Smith said SBC would also be encouraged to build more sophisticated networks for its own use.

"I would say that would be a very positive sign in terms of getting us back in the investment mode," he said.


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

Good Luck !

V.Mac

[laab]

@V.Mac-
wird noch gelesen-danke
laab

[V.Mac]

die letzten zwei Tage gings ja heftig zur Sache.

Die FCC hat gesprochen, und der Kurs fällt wie ein Stein.
Die gute Nachricht ist wohl, dass nur ca. 40% der angemieteten Leitungen von dieser "Deregulierung" betroffen sind, also sollte die zu erwartende Kostensteigerung noch zulassen, dass COVD irgendwann mal profitabel wird, nach eigenen Angaben soll ja 2004 der Break Even erreicht werden.

Hier mal die Meldung und Einschätzung.

Covad selling described as overdone
FCC ruling is a game changer, not a game ender

By Bambi Francisco, CBS.MarketWatch.com
Last Update: 3:09 PM ET Feb. 21, 2003

SAN FRANCISCO (CBS.MW) -- Covad Communications lost nearly half its value Thursday when federal regulators ruled to institute a three-year phase-out of the discounted network lines the company has enjoyed. The selling continued apace Friday.

But some say the decline has been too steep.

"The selling is absurd," said Vik Grover, an analyst at Kaufman Bros. "From my perspective, this is not a game ender, it`s a game changer." Der muss es ja wissen !!!

Investors seem to be viewing the Federal Communications Commission`s ruling as a death knell for Covad, which is a nationwide provider of DSL service.

Shares (COVD: news, chart, profile) shed 7 percent Friday to trade at 71 cents, after dropping more than 40 percent Thursday.

The FCC delivered the company a devastating blow Thursday by instituting a three-year phase out of the discounted network lines it has used for years.

Covad currently pays from zero to $5 per month to regional bells for access to each home to provision DSL. Those costs will likely rise for Covad, an element that puts the company at risk.

But it`s important to remember that 60 percent of Covad`s business is aimed at corporations. The lines it uses to service these corporate customers were not affected by the FCC ruling. What`s more, this business generates higher margins than the company`s consumer business.

Nor does the ruling place Covad`s entire consumer segment in peril. Grover says that 60 percent of the consumer portion is at risk, while the other 40 percent "isn`t at risk because Covad is already serving these customers by ordering second lines."

These second lines cost Covad between $5 and $15 a month compared with the discounted lines.

To be sure, Covad is losing money. The company reported a loss of $14.7 million in earnings before taxes, interest, depreciation and amortization for the third quarter of last year. That was more than double what it lost in the second quarter due to increased marketing expenses.

But the company generated $295 million in revenue for the first nine months of last year. Covad expects fourth-quarter sales to be in the range of $92 million to $95 million.

And, at the end of September, the company had "aggregate unrestricted and restricted cash, cash equivalents and short-term investment balances of $228.7 million, reflecting capital expenditures of approximately $5.1 million and lower-than-expected net cash usage of $17.1 million," it said in a release.

But those dollars will have to carry Covad well beyond its targeted date to break even. Prior to the ruling, Covad said it expected to break even in the middle of 2004. Given the uncertainty, Covad`s Hoffman reiterated that goal, in an interview with CBS.MarketWatch.com.

Covad will provider further details when it releases quarterly results in March.

Turning point

The FCC ruling may well be a turning point for Covad and the long-distance companies. It may prompt Covad and AT&T (T: news, chart, profile), WorldCom (WCOM: news, chart, profile) and Sprint to move aggressively toward co-bundling and co-marketing their services to consumers.

"You should anticipate Covad will talk about accelerating plans to attack the bells with bundled products," said Grover. Grover hopes to see Covad channel its marketing efforts towards the long-distance carriers rather than the Internet service provides, such as Earthlink or AOL Time Warner.

While Hoffman said Covad plans on focusing a lot of energy on the higher-margin corporate customer, the company will also work on deepening its relationship with long-distance providers.

Grover also sees the regional bells raising prices on DSL, which would actually benefit third-party vendors such as Covad.

Covad could also start its own local and long-distance voice service if it has access to the same discounts as long-distance providers. These discounts were preserved under the FCC ruling.

And Covad can build upon its corporate customers. Covad is currently testing voice-over DSL for corporations in the San Francisco area.

"If Covad can get this trial to scale successfully, this is a very profitable business," said Grover. Margins on this type of business can be 70 to 80 percent, he said. Covad pays about $20 to $30 per line to a regional bell, while charging a corporate customer about 10 times that.

Bambi Francisco is Internet editor of CBS.MarketWatch.com, based in San Francisco.

----------------------------------------------------------------------------------

noch was dazu, wie meistens bei mir ohne weiteren Kommentar und viel englischem Text.

FCC Decision on Line Sharing Shifts Price Negotiations to Phone Companies; Ruling Does Not Affect Majority of Covad`s 2002 Recurring Revenues
THURSDAY, FEBRUARY 20, 2003 5:03 PM
- BusinessWire

SANTA CLARA, Calif., Feb 20, 2003 (BUSINESS WIRE) -- The Federal Communications Commission (FCC) today announced in its Triennial Review that it is phasing out the rule requiring line sharing for companies like Covad Communications (COVD) . This will result in less choice and increased prices for consumers and small businesses if local phone companies set unreasonable prices for last-mile access.

The FCC action does not directly affect Covad`s access to second-line loops and T1 facilities that the company uses to serve business customers, which accounted for more than 60 percent of Covad`s recurring revenues in 2002.

"The FCC`s retention of UNE-P maintains Covad`s ability to continue bundling our data services with the voice products of our strategic partners in offering consumers and businesses an alternative to local phone and cable TV companies," said Covad President and Chief Executive Officer Charles Hoffman. "We will continue our focus on bundling services with our partners and on our sales to business customers.

"The ultimate effect on our consumer broadband business will depend on our ability to negotiate fair and reasonable prices substantially lower than the whole loop cost that will ultimately be permitted under FCC rules."

During a three-year period, Covad must transition its existing line-sharing customer base to new pricing arrangements. New line sharing customers may be acquired at regulated rates only during the first year of the transition, after which time new customers can only be added pursuant to terms and conditions negotiated between Covad and local phone companies. In addition, during each year of the transition the FCC-mandated maximum price of the high-frequency portion of the loop will increase incrementally towards the cost of a whole loop in the relevant market.

The FCC also ruled that Covad and other carriers will not have access to hybrid copper and fiber networks for DSL services.

"Today the FCC passed on the opportunity to guarantee that broadband competition continues on a level playing field across the country," Hoffman said. "We agree with Chairman Powell`s statement that line sharing has clear and measurable benefits for consumers. In his dissenting statement on the decision he says the panel talks glowingly about facilities-based competition, but the decision gives facilities providers `the back of their hand.`"

Hoffman added that "Covad will continue with its strong focus on execution including our relationships with our strategic partners, bundling our data products with voice services, and continuing to expand our presence in the business market."


Also mal wieder die Durchhalteparole und bis bald

V.Mac

[laab]

@V.Mac
also Deiner Meinung nach nur eine 40 % Katastrophe....
am besten so wie in letzten Wochen,Monaten und Jahren-
ruhig Blut auch wenns mal kocht.....
und Danke mal wieder für Deinen Beitrag
laab

[V.Mac]

Tach!
Ich hoffe mal, dass noch der ein oder andere mit an Board ist. Aber ich hatte in den letzten Wochen einfach keinen Bock mehr, mich mit (dieser) Aktie (n) zu beschäftigen.

ALSO:

Es gab wieder einige Meldungen, die aber seit Februar, dem letzten Tiefschlag, nicht für eine anhaltende Erholung sorgen konnten, vielmehr dümpelt der Kurs so zwischen 60 und 80 US-Cents rum.

Damit aber trotzdem mal wieder was zu lesen da ist, stelle ich mal ein Interview mit dem Chef von COVD , dem Herrn Hoffmann, hier ein. Wie üblich, ohne "Translation" und wenig Kommentar. Im groben: es geht darum, ob es für COVD wichtig ist, zu "mergen", d.h. sich mit einem anderen Unternehmen zusammenzuschliessen. Und warum das nicht so ist, erklärt eben hier der CEO

Covad CEO: No merger needed
by Ron Orol in Washington
Updated 07:57 AM EST, Apr-30-2003

Does Covad Communications Group Inc. need to find a buyer?

Many telecommunications industry watchers offer an unequivocal yes. They contend the Santa Clara, Calif.-based broadband company suffered a crippling blow when the Federal Communications Commission decided in February to phase out a rule requiring the Baby Bell local phone providers to lease the high-frequency portion of their lines to broadband suppliers at a steep discount.

More broadly, changes in telecom also are pressuring Covad. Consumers today want to get local, long-distance and broadband service from a single provider. Covad, as the last national Data Local Exchange Carrier, needs to merge with a bigger player to broaden its offerings, analysts say.

In an interview with The Daily Deal, Covad president and CEO Charles Hoffman refutes the conventional view on his company`s prospects. Characterizing the FCC`s line-sharing decision as "just another bump in the road," he speaks confidently of Covad`s chances of going it alone.

The Daily Deal: Many of Covad`s critics attack the company`s business model, arguing that you`re limited to offering broadband while rivals offer bundled phone and Internet services. Do you need to merge to get more competitive?

Charles Hoffman: There`s no need to merge. There`s no reason why we can`t bundle ourselves with others without a merger. Many local and long-distance companies need a data company as part of their bundle. We are the logical candidate for that.

We`re considering many partnerships with local and long-distance companies. The idea is that together with a local and long-distance telephone company we would buy a Bell line. The voice company would offer local and long-distance services on the line and we would offer broadband services. But it is a partnership, not a merger.

It`s also important to note that we had an excellent fourth quarter. Growth is quite good in broadband. We`re in a great cash position, our Ebitda loss is coming down. We expect to be cash-flow positive by mid-2004 and Ebitda-positive by the fourth quarter. We also emerged from bankruptcy in December 2001 almost debt-free.

This line-sharing decision is another bump in the road, but we will still do well. We will still have three years to transition out of line-sharing as part of the ruling. Also, we are a wholesale provider to thousands of Internet Service Providers including the largest ones such as AOL and Earthlink. We have many residential and business customers as well.

Other than your partnership with AT&T Corp., which is still in development, with whom do you plan to team up?

We`re in talks with other possible line-splitting partners, but I can`t say just yet who that might be. There will likely be other partners.

Many people say Covad`s alliance with AT&T could eventually evolve into a merger. What`s your view?

All of our customers would be against us merging with AT&T. We`re independent, and we take care of everyone`s needs. Right now we sell wholesale access to our network to companies like Sprint and WorldCom.

If we were to merge with AT&T we would turn into competition to Sprint and WorldCom, and these firms would immediately be apprehensive about providing marketing and pricing information to us. That means we could lose their business. We`re like Switzerland. Right now none of them are worried about sharing their marketing plans with us.

How else can you bundle voice and broadband services outside of an acquisition?

There are three ways for participating in voice. The first one is by partnering with long-distance companies like AT&T. The second is by partnering with other Bell rivals, the competitive local exchange carriers, such as Allegiance Telecom Inc. Again, they would provide the local and long-distance voice service while we would offer broadband on a line we buy together from a Bell.

The third way we can bundle voice and broadband is with new Voice over Internet Protocol technology. With VoIP we can provide local and long-distance voice services using our Internet offering. This has the greatest potential but is not ready for prime time. This also will be a situation where we are working with partners that will provide local and long-distance while we do the broadband.

Another school of thought is that the FCC`s ruling means Covad needs to exit the residential broadband business, either through a sale of the unit or simply by closing it down. Do you agree?

Exiting the residential business is the worst-case plan, which is highly unlikely.

The telecom industry is waiting for the FCC to release the details of the telecom reform plan outlined in February. What are the chances of line-sharing remaining in force?

Many states have declared line-sharing to be an unbundled network element (UNE-P) which means they believe it is there to stay. States like California have set the special line-sharing prices and said they would sue if line-sharing was removed. That is likely what will happen.

We are very disappointed with the agency`s February line-sharing decision. It was required in the 1996 Telecommunications Act. For the FCC to specifically take away what Congress mandated, that`s going to lead to lots of lawsuits.

Covad owes SBC Communications Inc. $50 million. Some people say that`s incentive for them to buy you.

An acquisition by SBC would also be highly unlikely. The reason we have an SBC investment is because we won an antitrust suit against them in September 2000 concerning SBC payment for services. As part of the settlement we owe SBC $50 million, which we must pay over the next four years. It`s our only current debt. The settlement also requires SBC to pay Covad $75 million towards the purchase of Covad services over the next 10 years.


Also, wie üblich die Parole: Es kann nur aufwärts gehen.

V.Mac

[laab]

@V.Mac
danke für die Info.
Noch immer an Bord und nach dem 40%minus noch mal etwas nachgelegt.
Wir werden sehen.

[V.Mac]

Nach den letzten Wochen , wo es runter ging bis auf ca. USD 0,85, hat sich Covd, ohne dass ich gefunden habe warum, wieder bis auf 1,20 USD erholt.

Vielleicht war das ja der letzte Knick um jetzt wieder richtig zu steigen. ......

V.Mac

[laab]

würde mich freuen.........

[stephi06]

Mal wieder eine Nachricht, die ein wenig Hoffnung, und wie ich meine, Fantasie in die Aktie bringt

http://biz.yahoo.com/rc/030730/telecoms_att_internet_1.html

AT&T adds high-speed Internet to service package
Wednesday July 30, 10:07 am ET


PHILADELPHIA, July 30 (Reuters) - AT&T Corp. (NYSE:T - News), the No. 1 U.S. long-distance telephone company, said on Wednesday it would add high-speed Internet access to its service packages in New York state in a move to compete against the Baby Bells and cable television operators serving residential customers.AT&T said the digital subscriber line, or DSL, high-speed Internet service is available in the state of New York and it expects to offer the service in additional states this year.

Eventually, AT&T will offer DSL service in all states in which it provides packages of local and long distance residential services.

As competition in the telecommunications industry has intensified with long-distance and local carriers targeting each others` markets, carriers have hawked discounted packages to attract and retain high-spending customers.

Another threat looms as cable TV companies, which already offer high-speed Internet access and video services, eye the telephone market.

Residential customers in New York can choose AT&T`s standard DSL plan for the price of a dial-up Internet connection -- $19.95 a month for the first three months and $39.95 a month thereafter.

Another plan, which offers DSL service with even faster speed, costs $29.95 for the first three months and $49.95 a month thereafter.

Telephone companies have cut DSL prices to woo customers in an effort to close the gap between Internet services carried via telephone lines and cable modem-based services, which currently dominate the high-speed market.

AT&T`s DSL service uses a nation-wide data network provided through AT&T`s partnership with Internet company Covad Communications Group Inc. (OTC BB:COVD.OB - News)

New York-based AT&T currently provides local phone service to some 3 million consumers in 13 states. It has said it expects to offer bundled local and long distance service in as many as 22 markets by the end of 2003.

[V.Mac]

....und die Zahlen waren auch nicht so schlecht und haben heute dem Kurs gegen den schwachen Trend noch mal auf die Sprünge geholfen.

Covad narrows Q2 loss to $27.3M (8:55 AM ET) NEW YORK (CBS.MW) -- Covad Communications(COVD: news, chart, profile)reported a second-quarter loss of $27.3 million, or 12 cents per share, narrower than its first-quarter loss of $34.7 million, or 16 cents per share. A single analyst polled by Thomson First Call was looking for a loss of 15 cents per share in the June period. The Santa Clara, Calif., provider of broadband services said it added 36,000 DSL customers in the quarter, a sequential jump of 9 percent that brings its total to more than 453,000. Revenue rose in the latest three months to $92.4 million from $90.9 million in the first quarter. Looking ahead, Covad forecast revenue of $95 million to $98 million in the third quarter, and subscriber growth of 50,000 to 55,000 lines. The stock finished Wednesday at $1.20, up 17.7 percent.


Also die Hoffnung noch nicht aufgeben?

V.Mac

[laab]

Die Hoffnung stirbt am Ende.

[V.Mac]

wieder was, was mich erfreut, man be8e das Kursziel.


Covad Communications (COVD: news, chart, profile) rose almost 15 percent after Kaufman Bros. reiterated its `buy` rating on the stock and boosted its price target to $5 from $3. The firm cited the company`s `solid` second-quarter results, and its expectations for improving growth. `We believe the company is seeing traction with third-party ISPs (Internet service providers), which continue to leverage line sharing arrangements at negotiated rates, while business lines may have shifted due to the sale of on-net lines to DSL.net and of off-net lines to Covad (and others)," the firm said.

Also auf zu alten Höhen !!

V.Mac

[laab]

Ich verkaufe auch bei 5 oder 6 nicht.Für mich ist und war COV eine Spekulation und (noch) kein Invest.Und Analysten waren immer ein rotes Tuch seit AT&T etc.
Wie seht Ihr das ??????????
schönen Abend

[V.Mac]

Heute siehts auch wieder mal gut aus, es ging schon fast bis auf 2 USD rauf. Hab aber keine Meldung gefunden.

V.Mac

[V.Mac]

Die 2 USD sind geschafft!!

Vielleicht hängst daran:

Zacks Buy List Highlights: Apollo Group, JetBlue Airways, Covad Communications, and Packeteer

.........Here is a synopsis of why these stocks have a Zacks Rank of 2 (Buy). Note that a #2 Buy rating is applied to 15% of all the stocks we rank:

Covad Communications Group, Inc. (COVD) is a leading national broadband service provider of high-speed Internet and network access. Last month they reported results for the second quarter ended June 30, 2003. During the quarter COVD increased digital subscriber lines by 36,000 to over 453,000, which was a 9% increase over lines in service at the end of the first quarter of 2003. The company improved revenue to $92.4 million compared to first quarter 2003 revenue of $90.9 million and (EBITDA) was a loss of $8.4 million compared to a loss of $15.7 million in the first quarter of 2003. The company also improved upon the first quarter`s net loss of 16 cents by posting a net loss of $27.3 million, or 12 cents per share, beating the Street`s estimate by +20%. Working in a very dynamic environment, COVD delivered another quarter of growth by achieving improvement in every major operating area. These efforts, along with the introduction of a significant cost-reduction program, are proof that Covad is successfully executing its business strategy of being the only operator of a national broadband network, while simultaneously remaining on track to deliver on their profitability goals. COVD and other tech firms like Epicor Software (EPIC) and Findwhat Communication (FWHT) are on the high-speed road to recovery after the tech bubble burst taking investors with them.
..................


Der Artikel ist nicht vollständig, ich habe nur den COVD-relevanten Teil einkopiert.

Nächstes Kursziel ??

Man wird sehen.

V.Mac (zur Zeit wg. COVD ganz happy)

[V.Mac]

Also von einer gewissen Volatilität kann man bisher heute schon sprechen, im Tief bei 1,17, im Hoch bei 2,31.

Möchte mal wissen, wie es zu den 1,17 kam.

V.Mac

COVD Covad Communications Group Inc (OTC BB) 8/15/2003 1:35 PM

Last: 2.31
Change: +0.34
Open: 1.99
High: 2.31
Low: 1.17
Volume: 4,239,000
Percent Change: +20.24%
52 Week Range: 0.54 to 1.98


Wo gehts noch hin?

So wird COVD bald wieder zu meiner größten Depotposition!!

V.Mac

[V.Mac]

zur Zeit geht es von Hoch zu Hoch. Warum? Meldungen finde ich keine.

Aber ist mir auch egal, noch ein kleiner Dollar mehr und ich sehe endlich meinen Einstand wieder.

V.Mac

[laab]

wird Zeit,daß es wieder mal so richtig peinlich wird.Fast ein Jahr her.........
Schönen Abend allen Covadlern.

[laab]

knapp daneben

[V.Mac]

Also was ist da nur im Busch ?? Ich finde nix neues und die Aktie macht dem Titel dieses Threads seit Tagen alle Ehre. Gibts da ein paar Leute, die mehr wissen? Steht ne Übernahme an? Das ist doch nicht normal, dass COVD innerhalb von 2, 3 Wochen von 1 USD auf über 3 USD steigt.

Eine gewisse Volatilität war ja schon immer drin, als momentaner OTC - Wert ja auch ganz normal, aber dieser Anstieg bis auf diese Höhen gibt mir wirklich Rätsel auf.

Naja, mir solls Recht sein. Wenn es in diesem Tempo weitergeht, sind wir ja Mitte September wieder 2-stellig (grins).

V.Mac

[V.Mac]

Das gibts doch wirklich nicht. Alle Märkte schwächeln und COVD geht schon wieder weiter nach oben. Dauert nicht mehr lange und bald sind die 3,5 USD Vergangenheit.

Im Hoch heute schon bei 3,45.

Viele Grüße ein immer erstaunterer

V.Mac

[laab]

war auch erstaunt als es bis 0,50$ in den Keller ging.
Wieder nichts mit 20 % !!??
auf gesehene Kaufkurse.
laab

[V.Mac]

hängt der Kursaufschwung der letzten Tage vielleicht mit der Bekanntgabe der Regularien für die Nutzung der Telefonleitungen durch Covad für nach wie vor wenig Geld ?

Sein könnte es. Aber wenn ich das richtig verstanden habe, wollen die "grossen TelCos" (SBC oder ATT) sich gegen diese niedrigen Zugangspreise wehren.

Naja, auf jeden Fall mal die Meldung:

By Jeremy Pelofsky

WASHINGTON, Aug 21 (Reuters) - Long-awaited details of controversial U.S. regulations aimed at spurring high-speed Internet service while requiring dominant local telephone companies to keep sharing voice networks with rivals, were released on Thursday.

But the final rules may be settled in court as legal challenges are expected to the Federal Communications Commission regulations that were narrowly approved by the agency just over six months ago.

That vote was the scene of a bruising verbal battle between FCC Chairman Michael Powell, who supported deregulation, and his fellow Republican Commissioner Kevin Martin, who sided with the agency`s two Democrats to keep local phone sharing rules.

"Regrettably, there are some fateful decisions as well that I believe represent poor policy and which flout the law," Powell said in a statement. He has pushed rivals to build their own facilities to compete against the big carriers.

But he and the two other Republicans did agree to allow BellSouth Corp. (BLS) , Qwest Communications International Inc. (Q) , SBC Communications Inc. (SBC) and Verizon Communications (VZ) deploy fiber networks for services like high-speed Internet service without sharing it with rivals.

SBC President William Daley earlier this week said the company would likely embark on a multimillion dollar spending spree to accelerate its development of fast Internet service in the Midwest if the regulations freed it from sharing the lines -- and therefore its investment -- with rivals.

But MCI, whose legal name is WorldCom Inc. and is in bankruptcy protection, said the new rules could hamper competition in the market for high-speed Internet service.

"The Commission has jeopardized competition in the broadband market - which we believe will hurt consumers, and ultimately impede local competition," Wayne Huyard, president of MCI Mass Markets division, said in a statement.

With 526 pages of details, it could take weeks for companies to determine the impact on their businesses and court challenges to be prepared. Some even said the new rules could already be outdated. NETWORK SHARING

On the issue of network sharing, the FCC required the states to determine within nine months whether new carriers still face unfair burdens when competing for local telephone customers and therefore should be able to lease the dominant carrier`s network at government-mandated discounted rates.

The regional telephone giants can escape their sharing obligations if any imbalance has ended. The FCC rules also allow the Bells to charge higher lease rates for services if there are more competitors in a market.

"This order achieves a balanced approach that provides substantial regulatory relief for broadband investment, where there is vigorous competition, while preserving and facilitating competition for local residential service," Martin said in a statement.

The market for local telephone service, which companies want to bundle with broadband and long-distance services to maximize profits, has heated up in recent months, with AT&T Corp. (T) and MCI (WCOEQ) using the Bells` networks to scoop up millions of customers.

The Bells have argued that the rules require them to offer their rivals access to the network parts at below-cost prices, which squeezes their profits and stiffens their competition.

"We remain disappointed with the majority`s decision to allow other companies, notably AT&T and MCI, to continue to use our network at below-cost rates rather than invest in facilities of their own," said Steve Davis, Qwest senior vice president of public policy.

But AT&T and other new local entrants say that without the low rates they would not be able to compete at all.

"Today`s order will allow AT&T to continue to serve our existing local customers and to follow through with our plans to expand to other markets," said Robert Quinn, AT&T vice president for federal regulatory affairs.

The five-member FCC also voted 3-2 to require the Bells to share their copper lines with high-speed Internet service providers like Covad Communications (COVD) , but only if these other companies offer voice services as well.

"The decision has no impact on Covad`s business services, which account for the majority of our revenues," Covad Chief Executive Charles Hoffman, said in a statement, adding that its shared lines already in service were protected by the order.

Nevertheless, Covad plans to challenge the rules. (With additional reporting by Jessica Hall in Philadelphia.)

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Auf jeden Fall tuts dem Kurs wieder gut heute, im Hoch bei 3,70 USD momentan. Das Mit dem "kleinen Dollar mehr" vor ein paar Tagen ging ja schneller als erwartet.

V.Mac

[V.Mac]

das ist echt der Wahnsinn, vor wenigen Minuten noch 3,70, jetzt wird um die 4 USD-Marke gekämpft. Gerade bis 3,99.

Und wenn die fällt, wo gehts dann noch hin ?

Irgendwann müssten doch mal Gewinnmitnahmen kommen.

V.Mac

[laab]

Danke V.Mac
laab

[V.Mac]

es gab noch ein paar Komentare zu der Entscheidung der FCC. Ich stelle die Dinge hier mal ein.

Covad`s day of relief

Shares in Covad Communications (COVD: news, chart, profile), which provides high-speed Internet access over regional phone company lines, jumped 23 percent Friday to $3.94 after a favorable decision from the Federal Communications Commission.

The FCC released a grandfather provision that essentially allows Covad to offer high-speed access on the same lines that phone companies use to provide phone service. The decision was part of the FCC`s Trienniel Review order, which was released on Thursday.

------------------------------------------------------------

Covad shares surge 20 percent after FCC report
FRIDAY, AUGUST 22, 2003 2:37 PM
- Reuters U.S. Company News

PHILADELPHIA, Aug 22 (Reuters) - Covad Communications Group Inc. shares soared 20 percent on Friday after the company said it would be allowed to continue providing high-speed Internet access to existing customers over shared telephone lines at current rates.

A 526-page Federal Communications Commission report released on Thursday included a number of provisions that Covad (COVD) said were more positive than it expected.

It said its existing high-speed Internet customers who get their telephone service from a local Baby Bell would continue to be served at current rates and terms.

It also said it would be able to obtain new line-sharing customers for one year after the rules go into effect.

After the first anniversary of the order, Covad said it would be able to add new line-sharing customers in areas where it could negotiate "reasonable rates" with the dominant local phone companies.

"The FCC`s line-sharing decision, while still fundamentally flawed, is on balance better than what many anticipated in February," said Charles Hoffman, president and chief executive officer of Covad.

Covad`s stock gained 64 cents, or 20 percent, to $3.84 in afternoon trading on the Bulletin Board.

The FCC report outlined details of controversial U.S. regulations that require the dominant local telephone companies, or Baby Bells, to keep sharing voice networks with rivals. Some provisions also were aimed at spurring high-speed Internet services.

The Baby Bells are required to lease certain parts of their telephone networks to rivals at discounted prices before they can offer long-distance service in their home states.

While the FCC order phases out "line sharing" for new customers, it preserves "line splitting," in which access to the residential telephone line is split between Covad and a competitive voice provider rather than being shared with the local phone company.

Covad said even though it would not be greatly affected by the new rules, it would ask a court to undo them. It said business customers using dedicated lines account for about 60 percent of its revenue and are unaffected by the ruling.

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FCC rules: Grounds for complaint

news analysis With the long-awaited release on Thursday of new rules governing broadband and high-speed Internet services, federal regulators have thrown themselves headlong into controversy.
Bitter criticism of the Federal Communications Commission`s nearly 600-page document has come from all sides. Though some companies, trade groups and analysts have complimented elements of the order, virtually every comment has included near-apocalyptic warnings of market chaos and the collapse of competition.

Much of this is standard practice for influential telecommunications changes. No important ruling goes without critical comment, and many are tested in court before they settle down into stable operation. But this week`s Triennial Review order contains many of the most important changes to the telecommunications and broadband markets in years. The level of concern is subsequently high.




Here`s a rundown of some of the most controversial issues involved, who`s affected, and why the issues are so important to the future of the market:

No competition on future broadband networks
Aiming to spur investment in broadband technologies faster than today`s digital subscriber lines and cable, the FCC will allow the former Baby Bell companies exclusive rights to offer service over new kinds of advanced networks they build, such as those including fiber-optic connections.

That`s very different from today, where the big local-phone companies are required to allow other companies--be they telecommunications rivals such as AT&T or Internet service providers such as EarthLink--to offer Internet and voice services over their telephone lines in various different ways.

The former Bell companies love this idea, saying the exclusivity is the only thing that will make it financially feasible to invest the billions of dollars needed to create these advanced new networks. Cable companies already have this kind of power over their own high-speed cable data networks, the phone companies say.

ISPs and rival phone companies are deeply concerned, however. They`re worried that they`ll be shut out of the future of broadband and that the historical competition between service providers will largely be reduced to competition between cable and phone network companies.

That doesn`t mean an independent ISP such as EarthLink wouldn`t ultimately be able to offer its service over these advanced high-speed networks the way it does over DSL lines. It just means that ISPs will have to contract directly with the phone company, instead of having to work with competitive wholesale providers such as Covad--an eventuality that critics say will likely keep prices higher.

High-tech companies that have pushed for faster broadband implementation have been less concerned with who provides the service, as long as it gets provided. One umbrella group that includes the Business Software Alliance, the Consumer Electronics Association and the Semiconductor Industry Association welcomed the news.

"The decision should promote both broadband deployment and competition," the High Tech Broadband Coalition said in a statement. "The regulatory demarcation between legacy copper (networks) and (future networks) will restore necessary incentives for last mile broadband investment and make true broadband more widespread and affordable."

Consumer groups and trade associations for rival local-telephone companies have said they would try to stop this provision from going into place, probably with lawsuits challenging the order.

Competition on today`s networks
Much of the decision focused on an arcane set of rules known in the industry as UNE-P, or unbundled network elements-"platform." What this roughly refers to is the ability of rival phone companies such as AT&T, Sprint or smaller competitors to lease local-phone lines and the services or "elements" associated with them at low cost, in order to provide their own service to consumers.

The major local-phone companies have long said they`ve been forced to subsidize their competitors, and they have lobbied for an end to these policies. But under the new rules, the decision will mostly be left up to states. Some participants, including bitterly critical FCC Chairman Michael Powell, who was overruled on this part of the order, say this state-rule decision is essentially code for keeping existing rules in place.

Big local-phone companies say that this is a terrible outcome and that they`ll fight at the local levels to get the "subsidies" overturned. They`ll probably sue at the federal level too.

"We remain disappointed with the majority`s decision to allow other companies--notably AT&T and MCI--to continue to use our network at below-cost rates rather than invest in facilities of their own," said Steve Davis, Qwest Communications International`s senior vice president of public policy. "It`s unfair to Qwest customers that they continue to be forced to subsidize these giant corporations."

AT&T and smaller local-phone companies predictably welcomed this part of the decision. But smaller broadband services such as Covad Communications are also winners here, because it allows them to piggyback on these alternative phone providers for digital subscriber line (DSL) services they might be losing elsewhere.

Line sharing and DSL pricing
A smaller, but potentially influential portion of the decision will phase out a policy called "line sharing," which has been a key factor in falling DSL prices over the last few years.

Line sharing enables a company such as Covad to offer DSL over the same single, home-phone line that the phone company uses to provide voice service. Before the policy was enforced by the FCC several years ago, most of the big local-phone companies required rivals to lease an entire second phone line to offer DSL service, substantially raising the overall cost of the high-speed Net service.

After hard-fought battles at the federal and state levels, line sharing has been implemented in most markets around the United States and has been responsible for dramatically improving the economics for companies such as Covad and the independent ISPs that rely on their DSL service. Naturally, many of those companies are worried about the disappearance of line sharing.

"(The) FCC order on line sharing is an unconstitutional disaster for independent Internet service providers and their residential and business customers," said Mike Jackman, executive director of the California ISP Association. "Internet consumers are being penalized for wanting to get their DSL from an independent ISP."

Line sharing won`t be going away completely, at least right away, however. In the new details of the order released Thursday, the FCC said that any customers already taking advantage of shared lines can keep the system indefinitely. Companies such as Covad can sign up new line-sharing customers for another year, and then the price will go up in annual increments of 25 percent, until it reaches the price of a full second line.

Covad itself has already switched tacks to focusing on deals with the same alternative local-phone companies that were winners in network elements portion of the order. Executives have said that they have long been aiming at diversifying their network suppliers and that this order simply accelerated the switch.

------------------------------------------------------------------

Vielleicht bedeutet das jetzt endlich wieder stabile bzw. verbesserte Aussichten. Wenn das alles so bleibt, wie es festgelegt wurde, sehe ich für COVD eigentlich wieder "rosigere Zeiten" zukommen.


V.Mac

[V.Mac]

so macht mir der Wochenauftakt wirklich Spass. COVD hat die 4 USD-Marke deutlich geknackt.

Im Hoch bei 4,26 an diesem noch so jungen Handelstag.

Covad shares hit 52-week high (COVD) By Michael Baron
NEW YORK (CBS.MW) -- Covad Communications` (COVD) shares rose 6 percent to a 52-week high of $4.09 in morning trades, building upon Friday`s plus 20 percent jump. Buying interest in the Santa Clara, Calif., provider of digital subscriber line broadband services is being driven by a report released by the Federal Communications Commission last week that included a grandfathering provision for Covad`s line-sharing customers. The provision preserves line splitting, "which allows Covad to provide DSL broadband service on the same line a competitive voice provider uses to provide local phone service," the company said in a press release.

------------------------------------------------------------




V.Mac

[V.Mac]

Tritt heute das ein, was ich schon seit Tagen erwartet habe ?

COVD gibt heute deutlich nach, ca. 3,40 USD. Nach dem gestrigen Hoch bis 4,50 USD ist es nicht verwunderlich, dass nun die erzielten Gewinne aus dem August wohl zum Teil mitgenommen werden.

Aber ich hoffe doch, dass nach einer entsprechenden Konsolidierung der Kurs wieder anzieht.

V.Mac

[laab]

COVD macht heute am oberen Ende zu- +18,5%.
Über 40 Mio Stück gehandelt.
Bin gespannt auf die nächsten 2-3 Tage.
Sind die Gewinnmitnahmen so schnell verdaut oder kommen noch mehr positive news ??

[laab]

zu#164: Volumen 40 Mio. Shares 11,8 Mio.
sorry

[V.Mac]

eine Meldung hab ich gefunden. Die Kaufempfehlung für COVD wurde bekräftigt.

Covad Communications` (COVD: news, chart, profile) rallied more than 17 percent in late trades. Kaufman Bros. reiterated its "buy" rating on the stock, saying the recent sell-off after the shares hit a 52-week high of $4.50 on August 25 provides "an attractive entry point." Citing a strong distribution channel, the firm also raised its estimate of a key operating statistic, saying it now believes Covad could add as many as 300,000 subscriber lines in 2004. It had been forecasting additions of 236,366. Kaufman also said its checks indicate Covad has inked a deal to partner with MCI but that the announcement is being held back to company-specific issues at MCI, or haggling over final terms.

-------------------------------------------------------------

V.Mac

[V.Mac]

und wieder eine Meldung:

VarTec and Excel Select Covad DSL for Their Local/Long Distance Voice and Data Bundles; Covad Nationwide DSL Network to Enhance VarTec and Excel Telecommunications Packages
THURSDAY, AUGUST 28, 2003 8:01 AM
- BusinessWire

DALLAS & SANTA CLARA, Calif., Aug 28, 2003 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) and VarTec Telecom, Inc. announced today a two-year agreement that will enable VarTec and Excel Telecommunications, a wholly owned subsidiary of VarTec, to bundle Covad`s Digital Subscriber Line (DSL) broadband services with their local and long-distance services. VarTec and Excel will now be able to offer a voice and data bundle for several million of their customers nationwide.

In this new line-splitting agreement, VarTec buys the local loop from local phone companies and bundles its local and long distance services with Covad`s DSL services. VarTec and Excel plan to make this new offer available nationwide throughout the next year.

"As a Covad partner, both VarTec and Excel will benefit from Covad`s critical ingredients of a nationwide DSL network and broadband expertise," said Charles Hoffman, president and CEO of Covad. "Our new relationship with VarTec and Excel demonstrates our continued execution of our business strategy to sign up both national and regional line-splitting partners and capitalize on the growing demand for bundled voice and data services."

Ron Hughes, chief operating officer of VarTec Telecom, Inc. said, "As leading competitive local exchange carriers, both Excel and VarTec are excited about the opportunity to offer DSL to millions of our local and long distance customers, through our partnership with Covad. This will be an excellent way to offer broadband service through line-splitting and will provide our customers the convenience of only needing to write one check for their local, long distance and DSL services."

Customer service issues will be handled directly by VarTec and Excel`s technical support teams. In addition, these customers will conveniently receive one bill from VarTec or Excel for voice and DSL services.

----------------------------------------------------------


klingt nicht schlecht, wie ich finde.

V.Mac

[V.Mac]

und noch was:

Covad Management to Present at Sixth Annual Kaufman Bros. Communications Media & Technology Conference
THURSDAY, AUGUST 28, 2003 7:05 AM
- BusinessWire

SANTA CLARA, Calif., Aug 28, 2003 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) today announced management will present on Wednesday, September 3, 2003 at 2:10 p.m. EDT at the Kaufman Bros. L.P. Sixth Annual Communications Media & Technology Conference 2003 in New York, New York at The W Hotel.

Charles Hoffman, CEO, and Mark Richman, CFO, will present and answer questions. The event will be webcast live at http://www.wallstreetwebcasting.com/webcast/kbro3/covd.ob/ and a webcast will be available for thirty days at http://www.covad.com/companyinfo/investorrelations/.

-------------------------------------------------------------

Da sollen sie sich mal schön präsentieren, vielleicht gibts ja dann wieder ein Update der letzten Empfehlung von Kaufmans.

V.Mac

[V.Mac]

eine Ergänzung zur gestrigen Meldung:

Covad in DSL bundling pact w/ Vartec Telecom (COVD) By Michael Baron
NEW YORK (CBS.MW) -- Covad Communications (COVD) said it has reached an agreement for bundling its digital subscriber line services with Vartec Telecom`s local and long-distance offerings. The deal calls for Vartec to buy the local loop from local phone companies, then package Covad`s broadband offering along with its own local and long-distance services. Financial terms weren`t disclosed. Vartec and its Excel Telecommunications unit plan to make the package available nationwide throughout the next year.

-----------------------------------------------------------------

Und nachbörslich ging COVD wieder auf 3,94 USD.


Mal sehen, wo es heute hinführt.

V.Mac

[V.Mac]

und wieder eine Meldung, betrifft wieder Vereinbarung über line-sharing, wenn ichs recht verstanden habe.

MCI and Covad sign voice/data bundling deal
TUESDAY, SEPTEMBER 02, 2003 12:40 PM
- Reuters U.S. Company News

NEW YORK, Sept 2 (Reuters) - Covad Communications Group Inc. (COVD) said on Tuesday it signed an agreement with MCI (WCOEQ) allowing the companies to offer MCI`s long-distance phone services with Covad`s high-speed Internet service.

Financial details of the agreement were not revealed.

The partnership will allow MCI, which is changing its name from WorldCom, to offer long-distance services across Covad`s high-speed Digital Subscriber Line network, which serves 40 million homes and businesses in 35 states, Covad said.

The companies will use a process called line splitting, where a local phone line is split between a high-speed Internet company and a voice telephone operator.

-----------------------------------------------------------------------

Damit stehen Covad wieder Millionen neuer potenzieller Nutzer zur Verfügung. Sowas ist doch nicht schlecht.

Dem Kurs tut es allerdings nicht unbedingt gut.


V.Mac

[V.Mac]

wieder eine vereinbarung mit AT&T über eine Ausweitung des DSL-Angebotes, heute hats auch den Kurs wieder über USD 4 getrieben, aktuell 4,09 USD

Covad Communications` (COVD: news, chart, profile) shares rallied more than 9 percent in recent dealings. The company said its digital subscriber line broadband service has been introduced within AT&T`s (T: news, chart, profile) communications` bundle for residential customers in New Jersey, Maryland, Massachusetts, and Virginia
--------------------------------------------------------------

V.Mac

[V.Mac]

Gestern gings wieder ordentlich zur Sache. COVD hat wieder mal ein 52 Wochen-Hoch markiert und rund 25% zugelegt.
Grund ist eine weitere Kaufempfehlung, diesmal von Needham&Co. mit einem "optimistischen" Kursziel von 10 USD. Hier die Meldung im Detail.

Covad Communications` (COVD: news, chart, profile) shares surged more than 21 percent after Needham & Co. initiated coverage of the Santa Clara, Calif., digital-subscriber-line broadband services firm with a "strong buy" rating, and an optimistic 12-month price target of $10. The firm said it sees Covad as "an arms merchant for the broadband component of voice/data bundles delivered by inter-exchange carriers and competitive local exchange carriers," and that it looks for "substantial acceleration" to Covad`s subscriber additions and revenues as the company launches in new states, wins new contracts, or else possibly makes acquisitions or expands into Wi-Fi.
----------------------------------------------------------------

Also weiter so....

V.Mac

[V.Mac]

Schlußkurs am Freitag war übrigens USD 5,18. So machts mir endlich wieder Spaß und bringt mir seit gut zwei Jahren endlich ein Plus bei dem Investment.

V.Mac

[Koelner]

Ab jetzt gehts Steil nach Oben

[V.Mac]

"ab jetzt gehts steil nach oben" -- halte ich für DIE Übertreibung des Jahres. Was ist denn in den letzten Wochen passiert? Da gings doch wohl schon steil nach oben. Von den Tiefstkursen bei rund 55 US-Cent haben wir uns locker mal ver10facht. Mir würde eine Verdoppelung auf diesem Niveau vollständig ausreichen, um dann einen Teil der Aktien zu verscherbeln. Ich will damit nur darauf hinweisen, dass ich bei einem JETZTIGEN Neueinstieg skeptisch wäre bezgl. Gewinnmitnahmen in nächster Zeit. Das heist noch lange nicht, dass COVD in den nächsten Monaten nicht auch wieder Richtung der schon öfters "herbeigeredeten" zweistelligen Kurse gehen kann.

Auf jeden Fall scheint es heute tatsächlich "steil nach oben" zu gehen, COVD legt wieder bei relativ großen Umsätzen zu und war heute schon über 6 USD, wieder + ca. 13%. Ein Grund könnte die Bekanntgabe eines Helfers für die "Public Relations" sein. Hier die Meldung:

Covad Taps Metzger Associates for Public Relations
MONDAY, SEPTEMBER 15, 2003 10:00 AM
- PR Newswire

BOULDER, Colo., Sep 15, 2003 /PRNewswire via COMTEX/ -- Covad Communications (OTC Bulletin Board: COVD) of Santa Clara, Calif., has hired Metzger Associates to assist in national public relations strategy development and media relations. Covad operates the nation`s largest broadband network.

"Covad is a key player in critical trends that are driving the nation`s economic recovery," said CEO John Metzger. "Through smart management and strong partnerships, Covad is delivering the true promise of the Internet -- high-speed access -- and we`re very excited to help tell this story."

Serving clients around the country since 1991, Boulder-based Metzger Associates is the Rocky Mountain region`s largest technology public relations and investor relations firm. For more information, please visit www.metzger.com.

SOURCE Metzger Associates

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Also, bleibt senkrecht und haltet die Gäule im Zaum.

V.Mac

[fuffi]

Müßten die nicht endlich wieder an der NASDAQ gehandelt werden?

[V.Mac]

Das mit der NASDAQ habe ich mich auch schon gefragt. Ich denke aber, so etwas erfolgt nicht automatisch, sondern müsste von COVD beantragt werden. Welche genauen Voraussetzungen zum Segmentwechsel nötig sind, weiss ich jedoch nicht. Auf jeden Fall würde so ein Wechsel weitere Fantasie in COVD bringen, da ja dann wieder wesentlich mehr, wenn nicht alle Institutionellen, COVD beobachten würden und evtl. auch kaufen. Aber momentan ist das noch reine Spekulation.

Auf jeden Fall gab es wieder eine Meldung, die ich allerdings für nicht gerade positiv erachte. Es geht da um die "Führungsriege", der da krumme Geschäfte vorgeworfen werden. Wenn sich das bewahrheitet, dann würde natürlich das gerade im Aufbau befindliche Vertrauen stark darunter leiden, obwohl die Anschuldigung mit dem Geschäftsbetrieb von COVD nichts zu tun hat. Hier die Meldung:

UPDATE 1-Covad directors sued by co-founder
MONDAY, SEPTEMBER 15, 2003 8:04 PM
- Reuters U.S. Company News

(Adds comment from Covad`s board of directors)

PHILADELPHIA, Sept 15 (Reuters) - Covad Communications Group Inc. (COVD) and certain board members were sued by a co-founder of the high-speed Internet access company, who contended the members used company funds to prop up ailing firms in which they had investments.

The transactions were designed to use Covad`s funds and stock to prop up other companies in which certain directors and officers had invested their own money, Dhruv Khanna, who left Covad last year but who remains a shareholder, argued in the lawsuit.

Khanna also charged that the board deliberately omitted material information in several of Covad`s public filings, including proxy statements. A copy of the lawsuit was obtained by Reuters.

Santa Clara, California-based Covad said its board of directors had appointed a special committee to investigate the issues raised by Khanna. The committee hired an independent law firm to assist in the investigation. The firm had concluded that Khanna`s charges were without merit, Covad`s board of directors said in a statement.

"The special committee continues to stand by its conclusion that the contentions of Mr. Khanna are without merit," the statement said.

Covad`s Chief Executive Charles Hoffman and a California venture capital firm are among those named in the lawsuit.

According to the complaint, some transactions occurred when Covad`s auditors could not complete their annual audit as the company`s stock was about to be de-listed from Nasdaq in 2001.

Covad filed for Chapter 11 bankruptcy in August, 2001 and emerged four months later. Khanna filed the lawsuit in Chancery Court in Wilmington, Delaware, seeking relief in two class action counts on behalf of shareholders entitled to vote at the 2002 and 2003 shareholder meetings

------------------------------------------------------------------

Bleibt senkrecht!!

V.Mac

[V.Mac]

Die US-Börsen drehen ins Minus und COVD markiert ein neues 52-Wochen-Hoch bei intraday 6,32 USD !!

Prost Mahlzeit!

V.Mac

[COVD]

Hallo !
Ich habe mal ein paar Fragen zu Covd, weil ich nicht mehr auf dem laufenden bin:
Was hat sich denn bei Covad neues ergeben, das es eine solche Erholung gibt ?
Ich bin seit den "Höhenflug-Zeiten" vor 3 Jahren dabei und bin überrascht über die Kursentwichlung.....
Hat sich die Zahlungsmoral der Covd-Kunden verbessert?
Ist Covd wieder für die NASDAQ Relistung geplant ?
Was ist mit der Klage gegen das Board of Directors von Covad ?
Was ist von den beiden Analystenempfehlungen der letzten Tage zu halten ?
Wie sehen Eure Kursziele(kurz/mittel und langfristig) aus ?
Danke für Eure Hilfe !
Nur noch`n paar $ !

[V.Mac]

Der Aufschwung geht weiter, heute bis zur teuflischen 6,66 gestiegen.

Vielleicht kommt ja irgendwann mal wieder die zweite 6 vors Komma. Dat wäre der Hit!

Wobei das nicht mein kurzfristiges Kursziel darstellt, wie in #179 gefragt.

V.Mac

PS: zu #179: ein einigermassen aufmerksames Durchstöbern dieses Threads ergibt viele Antworten.

[COVD]

Danke für den Tipp !
Hab gerade mal ein paar Threads durchgesehen...

Übrigens kann man auf der Covad-Website ein ziemlich detailiertes Info-Paket unter "Investor-Realtionsship" bekommen.
(Entwicklung, Bilanz, Management, Produkte und Strategien...)

Bleibt nur noch eins offen:
Wie ist den der momentane Stand der Class A -Klage gegen Covad ?
Darüber hab ich nämlich noch nichts gefunden...


Nur noch`n paar $

[Popschlager]

@COVD
mein KZ liegt mittelfristig bei 10$.
Langfristig sehe ich bereits KZ bis 20$!!!!!(12Monate)

Habe dafür auch mustergültiges Beispiel:
ASK JEEVES, diese kommt wie COVAD COMM von ca.0,90Cent.
Steht jetzt bei 21$, nach einem Jahr.

Warum sollte Covad Comm nicht auch diese Performance hinlegen???

[Popschlager]

Der ehemaliger Highflyer Covad Comm. legt aktuell 21% an Wert zu, nachdem Needham das DSL Breitband Service Unternehmen erstmalig mit einem Strong Buy Rating einstufte. Die Aktie notiert aktuell knapp unter $5 und soll in den kommenden 12 Monaten ein Potenzial bis $12 besitzen. Eine Expansion in den Wi-Fi Bereich (WLAN) könnte anstehen, neue Aufträge könnten gewonnen werden und der Service werde in immer mehr Bundesstaaten angeboten, so die Investmentbank.

Kaufempfehlung vom 12.09.03

[V.Mac]

Tach auch!

In meinem Posting vom 13.9.03, auf dem ich auf die angesprochene Kaufempfehlung hinwies, wird ein Kursziel von USD 10 genannt.

@ #183: Woher beziehst du die von dir angegeben 12 USD ?

V.Mac

[Popschlager]

@V.Mac

Aus der BörseGoNews-USA-Der Aktionär.

Viel Spass noch mit der Covad Comm.

[Popschlager]

Nachtrag:
Auch nachzulesen bei "Finanznachrichten.de"

[V.Mac]

Wochenschluss heute leicht im Minus bei 6,05 USD, aber nachbörslich bei 6,23 USD.

Einen Artikel, in dem auch kurz über COVD gesprochen wird, gibt es heute von AT&T. Ich stelle den mal hier ein und mache den COVD-Teil fett.

AT&T CEO sees more cost cutting, consolidation
THURSDAY, SEPTEMBER 18, 2003 5:41 PM
- Reuters U.S. Company News

By Kevin Krolicki

LOS ANGELES, Sept 18 (Reuters) - No. 1 U.S. long-distance telephone carrier AT&T Corp. (T) has more room to cut costs even as it completes downsizing its staff by about 9 percent, Chairman and Chief Executive David Dorman said on Thursday.

Dorman declined to discuss AT&T`s specific strategy about any merger, but predicted that the U.S. telecommunications industry was ripe for consolidation as it restructures and emerges from its recent slump.

"I still think that over time it is not likely that the telecom industry is going to have 13 wireline and wireless competitors, which is what we have today," Dorman told reporters before a speech at Town Hall in Los Angeles.

New York-based AT&T has been selling off units and cutting jobs to pay down debt -- from a peak near $65 billion to a target of less than $10 billion by year end. Its drive to reduce debt coupled with its relatively low stock price have pointed to AT&T as a takeover target for some time.

Observers say a likely buyer would be a Baby Bell telephone company, such as BellSouth Corp. (BLS) , because of the bell operating company`s strong balance sheet.

Business Week magazine reported earlier this month that long-running talks between the two had broken down over price.

When asked about those reported merger talks, Dorman said he did not understand why AT&T had been the subject of so much speculation when others, such as bankrupt MCI and Sprint Corp. (FON) , appeared to be more ready acquisition targets.

"I`m stopping short of making predictions of who does what. There are different permutations and combinations, and frankly, I can`t understand why we have been the subject of so much of it particularly with one company," he said.

Meanwhile, AT&T, which plans to offer bundled long-distance and local service in 35 states by the end of the year, can wring out more cost savings by improving its automated handling of areas such as customer orders and billing, Dorman said.

"Frankly, so much of the cost in telecoms is about error and rework. If errors get generated in order entry it shows up in the bill, you`ve got to rebill the customer and get your money later," he said. "So we think there is real room to improve."

After some 6,400 job cuts, AT&T will end the year with about 64,000 employees, compared with 55,000 staff at MCI as that company emerges from bankruptcy.

Yet AT&T will have 50 percent more revenue than rival MCI, whose legal name remains WorldCom Inc, yielding 35 percent more revenue per employee. "Clearly we`re doing something right," Dorman said.

Most telephone companies have been slashing jobs and trimming costs over the past two years to offset declining revenues, but some analysts have warned that such cost-cutting could be harder to achieve in the future.

Dorman said that before AT&T`s restructuring it had been saddled with 14 layers of management between a line worker and the CEO, compared with about seven layers for the best-run companies. That made the company slower and left management "insulated, not close enough to customers."

"The real focus was to be agile, to be quicker," he said.

Dorman also said it would be a matter of "months, not years" before AT&T would begin to offer a nationwide bundle of wireless and broadband services along with local and long-distance phone service.

The company is currently offering a bundled broadband service with Covad Communications Group Inc. (COVD) in eight markets and test-marketing a bundled wireless service with AT&T Wireless Services Inc. (AWE) in two cities, he said.

----------------------------------------------------------------------------

Das lässt ja wieder die Fantasie grösser werden, dass AT&T sich mit COVD weiter "verbündet" oder ....... wird es gar eine Übernahme ?? Wer weiss........... Auf jeden Fall bleibt es spannend.


V.Mac

[Popschlager]

Ich denke, dass wir nächste Woche die 7§ Marke überschreiten und schnurstracks auf die 10$ gehen.

[COVD]

Hallo !
Danke für Eure Einschätzungen des Kursziels.

Bei 10 - 12 $ Kursziel würde sich ja sogar jetzt noch ein Nachkauf zu 5-6 $ rechnen...
Wie denkt Ihr darüber ?

nur noch`n paar $

[Popschlager]

@COVD
Hab ich bereits gemacht.
Wenn ich am Freitag noch etwas Cash gehabt hätte, wären nocheinmal ein paar Hundert in mein Depot gewandert.

Aber man sollte ja nicht zu gierig sein.

Ich bin ganz guter Dinge, was COVAD COMM betrifft.
Ich vergleiche C.C. bereits mit ASK JEEVERS.
Bei A.J. bin ich leider bei 17$ rausgegangen, heute steht sie bei über 22$, nur weil die KZ auch zwischen 12-17$ waren und das alles auf ein Jahr.

Bei C.C. erwarte ich die selbe Performance.

[V.Mac]

heute wieder leicht im Plus, und ne Meldung über die Vertiefung einer Zusammenarbeit gabs auch.

Netifice Enhances Resale Agreement with Covad to Deliver Business Class Broadband IP VPN Solutions
TUESDAY, SEPTEMBER 23, 2003 8:32 AM
- BusinessWire

ATLANTA, Sep 23, 2003 (BUSINESS WIRE) -- Netifice Communications, Inc., a leading provider of flexible IP Virtual Private Network (VPN) solutions to businesses worldwide, and Covad Communications (COVD) , a leading national broadband service provider of high-speed Internet and network access, today announced that the companies have enhanced their resale agreement, enabling Netifice to provide private networking for Netifice`s IP VPN Solutions. In addition, the companies have increased their network and operations integration, allowing Netifice to provide its customers with increased performance and seamless support.

"Our goal at Netifice is to deliver 100% coverage for all of our customers` branch offices and remote users, and our relationship with Covad helps us achieve this objective," said Greg Davis, vice president of Marketing and Product Management at Netifice. "In addition, we have tightly integrated our networks and systems to deliver enhanced functionality."

Netifice`s IP VPN extends throughout the entire Covad network, which covers more than 1,800 central offices in 96 of the top metropolitan statistical areas. Covad`s network currently covers more than 40 million homes and business and reaches approximately 45 percent of all U.S. homes and businesses.

"As a Covad reseller Netifice will not only benefit from our broadband expertise but also from additional growth opportunities by being able to expand service to their customers through the use of our nationwide network," said Patrick Bennett, executive vice president and general manager of Covad Broadband Solutions. "Covad has worked successfully with Netifice for the last three years and we look forward to continue identifying mutually rewarding, full-value broadband opportunities together."

The Netifice and Covad network connectivity enables Netifice to route traffic directly from each customer site into a distinct MPLS routing domain on the Netifice network to create a unique private network. This provides increased protection over traditional routing methods because data is hidden from all other network traffic. Netifice also simplifies the customer`s network management by allowing them to use their own private IP Addressing -- even when traffic flows over multiple shared networks.

Netifice is highly selective in choosing its partners and invests heavily in integrating its networks, systems and support. Netifice and Covad have eBonded their back-office systems for faster and more accurate service delivery and more effective NOC-to-NOC customer support. Using a Covad Application Program Interface (API), Netifice has integrated its SmartWorx management tool with Covad`s Operational and Support Systems (OSS) to provide customers with fast and accurate prequalification and provisioning. This also provides Netifice technicians with direct access to pertinent information for coordinating troubleshooting for quick diagnosis and resolution of any issues that might arise.
---------------------------------------------------------------------------------

Wenns dem Kurs hilft !

V.Mac

[COVD]

@popschlager

Das mit dem Nachkauf war ein sehr guter Tipp !
Danke dafür !

Momentan fast 7 Euro !!!

Hoffentlich gibt`s nicht wieder einen Rückschlag !



@alle
Hat`s ne weitere Kaufempfehlung für covd gegeben, oder warum geht die Post seit Tagen so ab...?



nur noch`n paar Euro

[V.Mac]

Schade, meine Bewertung ergibt nur ca. 6 €.

Aber vielleicht meintest du ja gut 7 USD ? Dem ist allerdings so. Meldungen, warum wir schon wieder höher stehen, hab ich keine gefunden.

V.Mac

[Popschlager]

@COVD
Danke!
Die 7$ haben wir gestern gesehen, konnten zwar nicht gehalten werden, aber das ist ja auch verständlich.

Ich erhöhe mein KZ für diese Woche auf 7,20§.

Warum steigt die Covad Com.?
Weil nach diesen positiven Meldungen der Ausblick wieder besser ist und weil der Kurs immer noch 90% unter dem KZ von 12$ liegt!!!!!!!!

Wie bereits angesprochen, vergleiche ich C.C. immer mit Ask Jeevers.
A.J. stieg in den letzten 12 Monaten, trotz schlechten Marktumfeld, von 0,98C auf 22$.
So wird es auch bei C.C. kommen.
Langfristig sehe ich viel höhere Kurse, als bis heute vorausgesagt.

[COVD]

@V.MAC

Klar, ich hab $ gemeint.
Sind mir wohl in der Euphorie die Gäule durchgegangen.

@popschlager

12 $ Dein Wort in Gottes Ohr !

Wenn das klappt hast Du einen gut bei mir !


noch`n paar $

[Popschlager]

@COVD
12.09.2003 - Ehemaliger Highflyer: "Way Up"

Der ehemaliger Highflyer Covad Comm. legt aktuell 21% an Wert zu, nachdem Needham das DSL Breitband Service Unternehmen erstmalig mit einem Strong Buy Rating einstufte. Die Aktie notiert aktuell knapp unter $5 und soll in den kommenden 12 Monaten ein Potenzial bis $12 besitzen. Eine Expansion in den Wi-Fi Bereich (WLAN) könnte anstehen, neue Aufträge könnten gewonnen werden und der Service werde in immer mehr Bundesstaaten angeboten, so die Investmentbank.
Als EMail versenden · Druckansicht powered by 12.09.2003 18:42

[V.Mac]

heute gabs mal im Bild des Gesamtmarktes ne kleine Konsolidierung. Ging runter bis auf USD 6,07 oder so.

Aber das soll uns nicht erschrecken, oder ?

V.Mac

[Popschlager]

Das soll uns nicht erschrecken.
Wenn ich mich auch wiederhole, aber bei ASK J. war des öfteren eine solche Korrektur.
Ich denke, das wird sich wieder einpendeln.
Was negatives wäre mir nicht bekannt.

[COVD]

Ob 3 oder 4 Jahre bis zum Breakeven ist dann auch egal !

Durchhalten.


Nur noch`n paar $

[V.Mac]

juchu ! 200 !!

COVD war auch zum Wochenschluß nicht sonderlich stark. Schlusskurs war 5,66 $ denke ich.

Naja, konsolidieren in gewissem Umfang ist ja auch gesund. Da kann man Schwung holen, um neue Höhen zu erklimmen!!

V.Mac

[Popschlager]

@
V.Mac

stimmt.

[V.Mac]

COVD, wie der gesamtmarkt, zum Wochenauftakt wieder etwas stärker, nachbörslich sogar bis auf 6,22 USD, allerdings nur 500 Stücke, also wenig aussagekräftig.

Da war noch ein Artikel, in dem ein Fondsmanager, Cohen heist der, hervorgehoben wird, der nur mit Small und Microcaps dieses Jahr über 100% Zuwachs in seinem Fond erzielt hat, na und der hat u.a. auch COVD drin. Das haeist doch schon was....

V.Mac

[COVD]

Ich hoffe nur die Konsolidierung dauert nicht so lange.
Momentan liegen wir unter 5 $...

Frage: N O C H M A L N A C H K A U F E N ?

Nur noch`n paar $

[V.Mac]

Zum Wochenschluss gings wieder etwas nach oben, auf 5,84 USD.

Hoffentlich war das jetzt der Startschuss auf wieder steigende Kurse.

V.Mac

[V.Mac]

Die letzten Tage war es ja eher ruhig um COVD, begleitet auch von sinkenden Kursen. Heute gab es mal wieder eine Meldung, in der wenigstens der Name COVD erscheint.

Auf den Kurs dürfte das ja wohl eher keine Auswirkung haben, da es aber sonst nix neues gibt, stelle ich es mal ein.

Covad Ranked 61st Fastest Growing Technology Company in North America on the 2003 Deloitte Technology Fast 500
TUESDAY, OCTOBER 14, 2003 8:15 AM
- BusinessWire

SANTA CLARA, Calif., Oct 14, 2003 (BUSINESS WIRE) -- Covad Communications (COVD) today announced that it ranked sixty-first on the 2003 Deloitte Technology Fast 500, a ranking of the 500 fastest growing technology companies in North America. Rankings are based on average percentage revenue growth over five years, from 1998 - 2002. Covad grew 7,100 percent during this period.

Covad Chief Executive Officer Charlie Hoffman credits innovation and execution with the company`s revenue growth over the past five years. "Covad has focused on leveraging its nationwide broadband network to continue to deliver valuable and innovative broadband experiences for our partners and customers nationwide," Hoffman said. "Covad`s first time ranking in the 2003 Deloitte Technology Fast 500 reflects our continued commitment to our business strategy of building a sustainable organization while making broadband better."

"Making the Deloitte Technology Fast 500 is a testament to a company`s commitment to technology," said Mark A. Evans, national managing partners of Deloitte`s Technology, Media & Telecommunications Group. "With its 7,100 percent growth rate over five years, Covad has proven that its leadership has the vision and determination to grow in difficult conditions."

Overall, companies that ranked on the 2003 Technology Fast 500 had growth rates ranging from 469 to 296,080 percent over five years, with an average growth rate of 5,493 percent.

Fast 500 Selection and Qualifications

The Fast 500 list is compiled from Deloitte`s 20 regional North American Fast 50 programs, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 1998 operating revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively; and 2002 operating revenues must be at least $1 million USD or CD. Deloitte researchers examined financial statements to validate operating revenues.

Entrants must also be public or private companies headquartered in North America and must be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of the company`s operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies technology is a unique way does not qualify.
----------------------------------------------------------------------------

V.Mac

[V.Mac]

am 22.10.03 gibts nen Conference Call zu den Q3 Zahlen. Hoffentlich liegen die Zahlen gut bzw. über den Erwartungen. Wurde dem Kurs wohl wieder Auftrieb geben.

Schönes WE

V.Mac

[stephi06]

Von Vorfreude auf die Zahlen ist anscheinend nichts festzustellen. Na ja, ob`s positives oder negatives verheisst, wird sich morgen zeigen ...

[V.Mac]

noch was aus den letzten Tagen, ohne weiteren Kommentar diesmal.

Covad Appoints James Kirkland as General Counsel and Senior Vice President
TUESDAY, OCTOBER 21, 2003 8:33 AM
- BusinessWire

SAN JOSE, Calif., Oct 21, 2003 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) announced today the appointment of James Kirkland as general counsel and senior vice president. Kirkland will oversee all Covad legal issues related to regulatory and legislative affairs, corporate governance, employment and finance. Kirkland assumed his responsibilities on October 20, 2003.

Kirkland brings a wealth of knowledge of both the business and regulatory environment in which Covad operates. Prior to joining Covad, Kirkland served as general counsel and senior vice president, Spectrum Development for the privately-held Clearwire Technologies, Inc. a broadband wireless internet service provider based in Dallas, Texas.

"Jim is the right leadership choice for Covad," said Charles Hoffman, president and chief executive officer of Covad. "His telecommunications law expertise coupled with his extensive business background compliments Covad`s long-term strategic goals and will sustain the performance of an already highly-skilled legal team. We believe that Jim will bring innovation and an in-depth understanding of the industry to our executive team."

Before joining Clearwire, Kirkland spent 17 years with Mintz, Levin, Cohn, Ferris, Glovsky and Popeo P.C. in Washington, D.C., where he specialized in communications law and worked with emerging-growth Internet, wireless and telecommunications companies. Kirkland holds a bachelors degree from Georgetown University in Washington, D.C. and graduated cum laude with a law degree from Harvard Law School in Cambridge, MA.

-------------------------------------------------------------------------------------------

Und noch was:

-------------------------------------------------------------------------------------------

Covad Partners with EarthLink to Expand Small Office DSL Service to 65 New Markets; SoHo Service Now Available in 81 of EarthLink Markets
MONDAY, OCTOBER 20, 2003 9:35 AM
- BusinessWire

SAN JOSE, Calif., Oct 20, 2003 (BUSINESS WIRE) -- Utilizing the Covad Communications (COVD) nationwide high-speed network, EarthLink (ELNK) recently announced the expansion of its Small Office DSL product from 16 to 81 markets. Among the cities to be included in the nationwide expansion are Philadelphia, Baltimore, Charlotte, Orlando, Kansas City, Minneapolis, New Orleans, San Diego, Portland, Ore., San Antonio and Salt Lake City.

With a growing high-speed access footprint, EarthLink`s Small Office, Home Office (SOHO)-targeted Asymmetric Digital Subscriber Line (ADSL) service provides a competitively priced alternative to most business-class DSL services.

"Covad has long been a leading player in the business DSL market," says Pat Hurley, broadband analyst at TeleChoice, Inc. "Expanding its partnership with EarthLink into the growing SOHO segment makes sense for both Covad and EarthLink, and offers EarthLink`s SOHO customers a competitive broadband solution from a company focused on business-class DSL products."

"With the benefit of Covad`s nationwide broadband network, EarthLink now has the opportunity to reach millions of potential business customers in 81 of the country`s top markets," said Andrew Lockwood, executive vice president and general manager, Covad Strategic Partnerships. "Not only will EarthLink benefit from additional small business opportunities, but its customers also have more broadband options that are relevant to their expanding needs."

Covad is the only company that has its own national DSL footprint. Covad`s network enables ISPs and CLECs alike to partner with Covad for their broadband needs. A growing number of companies nationwide including AT&T, America Online, EarthLink, Sprint, Speakeasy, MCI, MegaPath and XO work with Covad to power their consumer and business broadband offerings.

----------------------------------------------------------------------------------


So, und morgen gehts zur Sache, wenn die Zahlen gut sind oder floppen, in die eine oder andere Richtung gehts bestimmt. Heute ists ja mal wieder im grünen Bereich.

V.Mac

[stephi06]

COVAD COMMUNICATIONS GROUP ANNOUNCES

THIRD QUARTER 2003 RESULTS

Covad Records Fifth Consecutive Quarter of Line Growth;
Revenues Increase Nine Percent for the Quarter
SAN JOSE, CALIF., (OCTOBER 22, 2003) - Covad Communications Group, Inc. (OTCBB: COVD), a leading national broadband service provider of high-speed Internet and network access, today reported results for the third quarter ended September 30, 2003. During the third quarter, Covad:

-Increased digital subscriber lines by 38,000 to 491,000, an eight percent increase over lines in service at the end of second quarter of 2003 and a 29 percent increase from the beginning of the year;

-Increased revenue nine percent to $100.5 million (erwartet wurden $ 96,75 million) from second quarter 2003 revenue of $92.4 million;

-Reduced loss before interest, taxes, depreciation and
amortization (EBITDA) to $6.0 million compared to a loss of $8.4 million in the second quarter of 2003; and

-Posted a net loss of $25.1 million, or $0.11 per share (erwartet wurden $ 0,12 per share) ,compared to a net loss of $27.3 million, or $0.12 per share,for the second quarter of 2003.

"As we continue to take full advantage of operating the only national broadband network and executing our business strategy we remain focused on delivering results and achieving our 2003 financial objectives," said Charles Hoffman, president and chief executive officer of Covad. "In this quarter, we continued to grow both the wholesale and direct arms of our business and achieved our fifth consecutive quarter of line growth. We also continued our fiscal discipline, which helped us to build the foundation for EBITDA profitability in 2004 and the potential to turn the corner on EBITDA profitability in the fourth quarter of 2003."

Also die Zahlen liegen leicht über den Erwartungen, ob das allerdings für mal wieder 20% ausreichen, wird sich zeigen ... . Der Weg scheint jedenfalls der richtige zu sein.

[stephi06]

hier noch der Link zu den vollständigen Daten

http://phx.corporate-ir.net/phoenix.zhtml?c=67488&p=irol-sec

[stephi06]

... 20 %, aber in die falsche Richtung. Hat jemand eine Erklärung ?

[V.Mac]

ja, möglicherweise hab ich ne Erklärung:

PHILADELPHIA, Oct 22 (Reuters) - Covad Communications Group Inc. (COVD) , a high-speed Internet access provider, on Wednesday posted a smaller third-quarter loss as its lines in service increased.

But Covad`s stock was off 23 percent in midday trading as it suffered from weaker average subscriber revenue, high customer turnover and forecast slim growth in revenue for the fourth quarter.

Santa Clara, California-based Covad said it had a loss of $25.1 million, or 11 cents a share, compared with a year-ago loss of $51.7 million, or 23 cents.

Covad, which provides high-speed Internet access over standard copper telephone lines, said revenue rose to $100.5 million from $96.2 million a year before. It gets 76 percent of its revenue from wholesale clients.

Its revenue per subscriber fell to $58 a month from $59 a month in the second quarter. Customer turnover, or churn, rose to 3.9 percent from 3.4 percent in the second quarter.

Covad blamed the higher churn on aggressive strategies by some of its wholesale clients to attract customers. The strategies included short-term trials that initially attracted customers but led to higher-than-average disconnections when the promotions ended.

It said it was working with its partners to reduce churn and started an assisted-installation program to help customers get up and running on DSL faster.

At the end of the third quarter, Covad said it had about 285,000 consumer lines and 206,000 business lines in service. Total lines in service grew 8 percent from the second quarter of 2003 and 29 percent from the beginning of the year.

The company said it expects revenue for the fourth quarter to be in the range of $101 million to $105 million, with subscriber growth in the range of 35,000 to 38,000 lines.

It expects its net loss for the fourth quarter to be in the range of $18 million to $23 million.

Shares of Covad were down $1.42 to $4.75 in over-the-counter trading.

-------------------------------------------------------------------------------

Wenn das der Grund sein sollte, denke ich, dass das nur kurzfristig den Kurs belastet. Intraday gings ja von der Eröffnung bei ca. 5,50 bis auf ca. 4,50 oder so runter, um dann bis zum Schluß wieder bis 4,96 anzuziehen. Viel wichtiger ist meiner Meinung nach, dass tatsächlich 2004 der Break Even ereicht werden soll.


V.Mac

[stephi06]

Auch wenn`s im Moment nicht danach aussieht, aber einige glauben trotzdem an zweistellige Kurse ....

RATING(=): Needham Keeps COVD Rating @ Strong Buy; Keeps Tgt @ $10

THURSDAY , OCTOBER 23, 2003 10:27 AM

Issuer: Covad Communications Group Inc (OTCBB: COVD)
Analyst Firm: Needham & Co.

Ratings Action: REITERATION
Current Rating: Strong Buy

Target Price Action: MAINTAIN
Target Price: $10.00

[V.Mac]

eine Meldung aus dem Wochenverlauf:

Covad Appoints Stephan DeRodeff Vice President, Broadband Technologies
TUESDAY, OCTOBER 28, 2003 8:34 AM
- BusinessWire

SAN JOSE, Calif., Oct 28, 2003 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) announced today the appointment Stephan DeRodeff as Vice President, Broadband Technologies. DeRodeff will be responsible for the management and vision of the technology path for Covad`s network infrastructure. DeRodeff assumed his responsibilities on October 27, 2003.

DeRodeff brings over 30 years of product development and management experience to Covad, including an engineering and operational leadership background. Prior to joining Covad, DeRodeff most recently served as senior vice president at software start-up Cplane, Inc. He has held a variety of senior management positions in both large enterprise and start-up environments. His experience also includes leading facilities management, network engineering and network operations systems at U S West and product development and management at Oracle.

"We believe Steve is the best choice to lead and manage our future technology developments and is a great fit for the Covad corporate culture with the combination of his solid engineering background and proven business acumen," said Charles Hoffman, president and CEO of Covad. "Two key initiatives in Covad`s commitment to diversify and grow revenue are harnessing new technologies and leveraging our national network to expand our portfolio of broadband options."

DeRodeff earned his B.S. in Electrical Engineering from M.I.T. and has also done post-graduate course work in organization development and social psychology at M.I.T.`s Sloan School of Management and at Harvard`s School of Social Relations
-----------------------------------------------------------------------------------------------------


COVD scheint sich zum Wochenausgang auf ca. 4,40 USD zu stabilisieren. Damit scheint der Verfall wohl vorerst gestoppt. Jetzt heists mal abwarten bis Jahresende, wo wir da stehen werden.

V.Mac

[robocop15]

Hallo V.Mac

bin ein stiller Verfolger dieses Threads seit Jahren, da selbst in den Wert investiert bin. Muß Dir an dieser Stelle dickes Kompliment machen: Ohne Deine permanenten positiven Statements hätt ich den Wert nie solange gehalten. Aber jetzt mal zum aktuellen Kursverlauf. Wohin geht der Weg? Die letzten Tage war ja das Volumen eher niedrig - Konsolidieren wir auf diesem Niveau oder ist das nur die Ruhe vor dem Sturm. Was mich als Laien noch interessieren würde: Werden momentan größere Pakete geschoben, denn im Vergleich zu den letzten Wochen pendelte der Kurs teilweise den ganzen Tag ganz eng um einen bestimmten Wert, egal ob 5000, 10000 oder mehrere Stück den Besitzer wechselten. Sammelt da wer größere Bestände ein?

[V.Mac]

@ robo

Heute haben wir wieder etwas höheres Volumen bei leider deutlich schwächeren Kursen. An und für sich ist das ja kein gutes Zeichen, fallende Kurse bei steigenden Umsätzen.

Den Kursverlauf kann ich momentan nicht wirklich einschätzen. Ich persönlich vermute nur, da es bei 7 USD nicht weiter ging und die Konsolidierung nun doch schon
länger anhält, dass halt viele Investoren, die bei Kursen unter 1 und so darum eingestiegen sind, jetzt wieder aussteigen, um zumindest diese Gewinne abzusichern bzw. mitzunehmen.

Langfristig, also auf Sicht von 12 oder mehr Monaten, bin ich nach wie vor positiv gestimmt und mein Ziel bleibt ein zweistelliger Kurs, natürlich vor dem Komma. Auf jeden Fall machen mir dazu die Meldungen der letzten Monate eigentlich Mut. Ich schau mal weiter..........


V.Mac

[V.Mac]

ab und an gibts auch mal schöne Nachrichten:

Covad Reaches Milestone With 500,000 Lines in Service; Line Count Has Grown By 31% From Beginning of Year
TUESDAY, NOVEMBER 11, 2003 8:32 AM
- BusinessWire
COVD
3.70 +0.26

SAN JOSE, Calif., Nov 11, 2003 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) announced today it achieved a milestone in reaching 500,000 lines during the month of October, increasing its line count by 31% from the beginning of this year.

Covad operates the industry`s only nationwide broadband network. Covad enables ISPs and CLECs alike to power their broadband needs. Some of the partners that rely on Covad for both their consumer and business offerings include AT&T, AOL, EarthLink, MCI, Megapath, Speakeasy, Sprint and XO.

During the third quarter of this year Covad continued to expand its partnerships with AT&T, MCI and Z-Tel to include line splitting, enabling both local and long-distance voice providers to extend their service footprint and bundle their services with Covad`s high-speed Internet service.

"I want to thank our employees, partners and customers who have made this achievement possible," said Charles Hoffman, president and CEO of Covad. "In the last two years, Covad has proven that it is moving full steam ahead to continue fueling broadband growth nationwide. We continue to grow our business and consider our growing list of customers our number one priority."

"Covad`s announcement of half a million lines in service is another proof point the company is on track for continued growth," said Daryl Schoolar, senior analyst at In-Stat/MDR. "Under its current leadership, Covad`s customer base has grown 150 percent since the end of Q2 2001. Furthermore, I expect that Covad`s recent high profile partnerships will enable the company to capture a greater market share."
-------------------------------------------------------------------------


So könnte es weitergehen.....


V.Mac

[stephi06]

Ohne Übertreibungen geht wohl nicht. Was glaubt ihr, wie lange diese Richtung noch anhält ? Glaubt man nicht mehr an einen Break Even in 2004 auf EBITA-Basis oder was kann der Grund für die schlecht Stimmung sein ?

[aimster]

warum wird covad nicht auhc in germany gehandelt?
habe vorhin an die börse stuttgart ne beschwerdemail geschrieben. andere otc werte werden ja auch hier gehandelt...!
mfg

[V.Mac]

bei den fallenden Kursen zur Zeit will ja eh keiner kaufen.....

Ne, das Problem hab ich vor langer Zeit mal mit der Berliner Börse per Mail geklärt. Die Antwort seinerzeit war ungefähr so:

Bei einem Delisting in den USA von einem "höherwertigen Segment" an den "OTC" wird aus "Anlegerschutzgründen" auch ein Delisting in Deutschland durchgeführt. Die Transparenz in einen OTC-Wert ist nicht mehr so gegeben, dass sich ein Anleger ein objektives Bild machen könne. So oder so ähnlich klang das damals.

Natürlich kann die ehemals delistete (ist das so richtig?) Firma/Company wieder einen Zulassungsantrag zum Listing an einer deutschen Börse stellen. Aber das kostet ja auch, denke ich......

Ich hoffe, dass das alles so richtig aus meinem Gedächtnis `rüberkommt und das alles stimmt.

So long

V.Mac

[stephi06]

heute wieder andersrum ...

COVD Expands Partnership with AT&T into 3 More States

TUESDAY , NOVEMBER 18, 2003 11:19 AM

Covad Communications Group Inc (COVD) announced the introduction of its DSL broadband service in AT&T`s communications bundle for residential users in Indiana, Michigan and Texas. Launched earlier this year in Maryland, Massachusetts, New Jersey, New York and Virginia, AT&T plans to offer Covad`s DSL service in all states where AT&T provides bundled local and long distance residential services. "With the demand for broadband at an all-time high and consumers wanting to simplify their lives by combining voice and data services onto one bill; we are pleased that we can work together with AT&T to help meet those growing demands," said Charles Hoffman, Covad CEO and president.

[kosto1929]

...Keiner merkt es in D...

[V.Mac]

Seit wenigen Tagen wird COVD wieder in Berlin gehandelt bzw. zumindest gelistet, Handel hat wohl noch keiner stattgefunden.

Dann spart man wenigsten die höheren Orderkosten in den Staaten....

V.Mac

[Bannerman]

Hi V.Mac!

Das ist endlich mal wieder eine gute Nachricht. Beim Verkaufen mußte ich so viel Ordergebühren bezahlen.

Werde wohl nächstes Jahr wieder einsteigen, wenn der Sturm sich gelegt hat, mit dem Dollar und so.

Ich denke mal so im März.

Grüße,
Bannerman

[V.Mac]

wieder mal eine positive News und dem Kurs hifts gleich über 10% nach oben.


SAN JOSE, Calif., Dec 11, 2003 (BUSINESS WIRE) -- Covad Communications (COVD) today announced the introduction of Covad`s digital subscriber line (DSL) broadband service in AT&T`s communications bundle for residential users in Illinois, Ohio and Wisconsin.

Covad`s DSL service is bundled with AT&T local and long distance services, offering consumers the advantage of a single, convenient telecommunications package. Launched earlier this year in Indiana, Maryland, Massachusetts, Michigan, New Jersey, New York and Virginia, AT&T plans to offer Covad`s DSL service in all states where AT&T provides bundled local and long distance residential services. AT&T provides local phone service to 24 states -- representing 61 million households -- and is currently conducting local service trials in another 11 states.

"Our partnership with AT&T to provide a bundle of telecommunication services enables Covad to play a critical role in increasing the adoption of broadband," said Charles Hoffman, Covad CEO and president. "We look forward to continue working with AT&T to improve consumer choice and provide innovative new services."

The ability to bundle AT&T local and long distance services with Covad`s DSL service is based on a process called line splitting. AT&T "splits" the loop it buys from local phone companies to offer AT&T local and long distance with Covad`s DSL service on the same line.

Covad`s nationwide network is the only national DSL footprint. Covad`s network enables ISPs and CLECs alike to partner with Covad for their broadband needs. A growing number of companies nationwide including AT&T, AOL, EarthLink, Sprint, Speakeasy, MCI, MegaPath and XO work with Covad to power their consumer and business broadband offerings.
------------------------------------------------------------------------------------

und noch mal das beinahe gleiche:

Covad Communications shares surged as much as 17 percent Thursday after AT&T said it would extend its use of the company`s high-speed Internet technology to the nation`s Midwest region.

Covad`s (COVD: news, chart, profile) DSL service will be offered to AT&T`s residential customers in Illinois, Ohio and Wisconsin. The company already has a similar partnership with AT&T in seven other states.

In afternoon trading, Covad shares were up 10 percent at $3.36 on volume of 3.5 million.

Covad`s rise comes as AT&T (T: news, chart, profile) unveiled plans to launch phone service over the Internet early next year. The new technology allows calls to be made over the Net at a fraction of the cost of conventional phone service. See full story.

Covad, which tested its own Internet-based phone calling in California last year, still plans on formally offering the service in 2004. AT&T`s Internet initiative doesn`t involve Covad`s technology.

Although Covad works with a number of carriers, like MCI, which announced a bundled service to customers in September, AT&T`s relationship with Covad is a relatively longstanding one. (See related Net Sense column: Why Ma Bell should buy Covad.)

AT&T`s partnership with Covad also is extensive. Ma Bell already offers broadband access with Covad in Indiana, Maryland, Massachusetts, Michigan, New Jersey, New York and Virginia. The companies have had this working relationship since earlier this year.

Covad declined to disclose how much of its business AT&T represents.

AT&T, which provides local phone service to 24 states - or about 61 million households -- also plans to offer Covad`s DSL service in states where AT&T provides bundled local and long distance residential services.
-------------------------------------------------------------------------


Also, wie immer: wenns dem Kurs hilft...

V.Mac

[V.Mac]

Und wieder etwas neues, auch nicht schlecht, wie ich finde.

Covad Named National DSL Provider for Global Crossing Frame Relay, IP-VPN, Dedicated Internet Access and VoIP Services WEDNESDAY, DECEMBER 17, 2003 9:15 AM
- BusinessWire

SAN JOSE, Calif., Dec 17, 2003 (BUSINESS WIRE) -- Covad Communications (COVD) today announced that it has been named the national digital subscriber line (DSL) provider for Global Crossing`s IP VPN Service(TM), Frame Relay, Dedicated Internet Access (DIA) and voice over Internet protocol (VoIP) services in the U.S. These services are utilized by corporations nationwide to link together remote locations and to manage real-time business transactions.

Under the new agreement between Covad and Global Crossing, Global Crossing business customers will be able to lower their access costs by as much as 50 percent over the cost of traditional dedicated leased line access. In addition, by utilizing the benefits of Covad`s DSL service, Global Crossing can now offer enterprise and carrier customers increased flexibility, "always-on" access at speeds up to 50 times faster than standard dial service and the ability to use existing telephone connections to a customer`s premises. Covad`s nationwide network covers more than 40 million U.S. homes and businesses in 96 of the top Metropolitan Statistical Areas (MSAs) across the United States, including San Francisco, New York and Chicago.

"Our agreement with Global Crossing is another solid proof point that we continue to effectively leverage our nationwide network," said Charles Hoffman, president and CEO for Covad. "Global Crossing now has the ability to reach millions of new business customers with the competitive advantage of DSL."

"Our agreement with Covad provides Global Crossing the benefit of working with one nationwide DSL provider while expanding our geographic reach," said Anthony Christie, chief marketing officer for Global Crossing. "Rounding out our business suite of services with Covad`s DSL access enables us to offer our customers a competitive, attractively priced alternative to purchasing full T-1 services for their bandwidth needs."

Global Crossing`s business suite of services utilizing DSL access is now available, with DSL access for VoIP services expected in early 2004.

A growing number of companies nationwide including AT&T, America Online, EarthLink, Sprint, Speakeasy, MCI, MegaPath and XO work with Covad to power their consumer and business broadband offerings.


V.Mac

[COVD]

Ich sage nur innerhalb von 12 Monaten sehen wir die 10$ !
Und ich finde es gut das Covad wieder in Berlin gehandelt wird !
Parole: Durchhalten !

Nur noch`n paar $

[robocop15]

Seh ich auch so ( die Hoffnung stirbt nie!! ) Die letzten Tage sehen ja vielversprechend aus!
Allen Covad´lern: Für das neue Jahr alles Gute und ein feines Näschen an der Börse
PS: würd gern ein bischen Zocken ( in der Art: centrex, diatect, usxp, biomira... ) - Habt Ihr ein paar Tips für meine Watchlist?

[V.Mac]

Heute rauscht unser gutes Stück ganz schön nach Süden.
Grund sind wohl die Vorabzahlen, die nicht in allen Punkten den Erwartungen entsprochen haben.

Covad Announces 36% Annual Subscriber Line Count Growth; Management Confirms Fourth Quarter 2003 Financial Guidance
MONDAY, JANUARY 05, 2004 5:00 PM - BusinessWire

SAN JOSE, Calif., Jan 5, 2004 (BUSINESS WIRE) -- Covad Communications (COVD) announced today that it ended 2003 with over 517,000 subscriber lines in service, representing 36 percent growth since December 31, 2002.

Covad expects to meet or exceed the financial guidance provided for the fourth quarter of 2003, including:

-- Broadband subscription billings in the range of $84-88
million;
-- Revenue in the range of $101-105 million;
-- Earnings before interest, taxes, depreciation and amortization
(EBITDA) in the range of negative $2 million to positive $2
million;
-- Net loss in the range of $18-23 million; and
-- Net cash usage in range of $20-25 million.


Please refer to the attached table for additional information, including a reconciliation of the non-GAAP financial performance measures to the most comparable GAAP measures.

Net line count additions for the fourth quarter of 2003 were 26,000. Line-splitting, which Covad launched in the second half of 2003, made a quick contribution to growth by providing 29% of Covad`s Q4 2003 net adds. Line-split lines are shared with a competitive voice service provider with Covad providing the DSL service. The company`s ability to meet its fourth quarter of 2003 line count guidance was greatly affected by reduced pricing in the marketplace that resulted in lower than expected orders for stand-alone data services using line sharing, and higher churn rates.

"While we expect to meet all financial guidance for the fourth quarter of 2003, we had lower than expected line count growth in both our wholesale and direct business units due to aggressive pricing strategies in the industry," said Charles Hoffman, Covad president and chief executive officer. "We are actively engaged with our competitive voice carrier partners to provide a voice and data bundled service that we believe should result in less price sensitivity and churn. In addition, we are working with our partners to reduce customer disconnects in the first 60 days of service and we have already begun to see the benefit of this program."

Hoffman added, "It is important to note that we continue to run our business with the financial discipline necessary to achieve our goal of EBITDA profitability."

Covad plans to announce 2003 year-end results in late February of 2004.

--------------------------------------------------------------

Mal sehen, hoffentlich gehts doch bis Jahresende wieder aufwärts. Genug Zeit ist ja noch.....und eine positive Überraschung kann ja auch mal kommen.

V.Mac

[robocop15]

Die letzten Tage Hui - Heute Pfui!! Rechtfertigt nachfolgende Nachricht einen Abschlag von fast 18% ????

Covad Announces 36% Annual Subscriber Line Count Growth
Monday January 5, 5:00 pm ET
Management Confirms Fourth Quarter 2003 Financial Guidance


SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 5, 2004--Covad Communications (OTCBB:COVD - News) announced today that it ended 2003 with over 517,000 subscriber lines in service, representing 36 percent growth since December 31, 2002.
Covad expects to meet or exceed the financial guidance provided for the fourth quarter of 2003, including:

Broadband subscription billings in the range of $84-88 million;
Revenue in the range of $101-105 million;
Earnings before interest, taxes, depreciation and amortization (EBITDA) in the range of negative $2 million to positive $2 million;
Net loss in the range of $18-23 million; and
Net cash usage in range of $20-25 million.
Please refer to the attached table for additional information, including a reconciliation of the non-GAAP financial performance measures to the most comparable GAAP measures.

Net line count additions for the fourth quarter of 2003 were 26,000. Line-splitting, which Covad launched in the second half of 2003, made a quick contribution to growth by providing 29% of Covad`s Q4 2003 net adds. Line-split lines are shared with a competitive voice service provider with Covad providing the DSL service. The company`s ability to meet its fourth quarter of 2003 line count guidance was greatly affected by reduced pricing in the marketplace that resulted in lower than expected orders for stand-alone data services using line sharing, and higher churn rates.

"While we expect to meet all financial guidance for the fourth quarter of 2003, we had lower than expected line count growth in both our wholesale and direct business units due to aggressive pricing strategies in the industry," said Charles Hoffman, Covad president and chief executive officer. "We are actively engaged with our competitive voice carrier partners to provide a voice and data bundled service that we believe should result in less price sensitivity and churn. In addition, we are working with our partners to reduce customer disconnects in the first 60 days of service and we have already begun to see the benefit of this program."

Hoffman added, "It is important to note that we continue to run our business with the financial discipline necessary to achieve our goal of EBITDA profitability."

Covad plans to announce 2003 year-end results in late February of 2004.


Wie ist Eure Meinung V.Mac und Covd?

[robocop15]

Hi V.Mac, da haben wir ja fast zeitgleich gepostet - Nach dem Motto "Doppelt hält besser". Geb Dir aber Recht, langfristig werden wir die Gewinnzone erreichen. Ich hab vor Jahren bei 3,95€ zugeschlagen und trotz des High´s bei knapp 7$ letzten Jahres glaub ich an die Story von Covad und werd vor 10$ keinen Finger krumm machen. Wie steht Ihr übrigens zu verbilligen? Wo liegt Eurer Meinung nach der Tiefpunkt?

[Aufstieg2003]

@ robocop,

den Tiefpunkt haben wir ja schon gesehen mit 0,54 USD (ich hab`s damals live miterlebt und hatte meine Stücke schon als wertlos abgeschrieben gehabt)...ich denke es wird nach einer Korrektur heute (und vielleicht auch morgen noch) bis auf 3 USD gehen...danach dürfte wieder etwas Ruhe mit Erholungspotenzial einkehren. Was die Erwartungen auf lange Sicht (2 Jahre plus X) betrifft, so bin ich voll deiner Meinung

[stephi06]

Das hier hilft auch nicht gerade ....

"Covad Comms downgraded by Kaufman Bros"

http://finance.yahoo.com/q?s=covd.ob

[V.Mac]

Heute wieder freundlicher, vielleicht deshalb:

Covad Announces 2004 Network Expansion Initiative
WEDNESDAY, JANUARY 07, 2004 9:04 AM
- BusinessWire

SAN JOSE, Calif., Jan 7, 2004 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) , a leading national broadband service provider of high-speed Internet and network access, today announced plans to expand its nationwide coverage area and customer reach for digital subscriber line (DSL), frame access, and T1 broadband services.

Covad will complete installing additional broadband equipment in approximately 200 central offices across the nation around the middle of 2004 increasing its nationwide broadband network to more than 2,000 central offices. Central office locations were selected by utilizing several key factors including market demographics, partner need, neighboring central office performance, and potential for growth. This cost-conscious approach to expansion helps to efficiently grow Covad`s addressable market to increase revenue. In addition, broadening Covad`s access network enables the company to more efficiently utilize its core ATM network.

"Strategically growing Covad`s network allows us and our partners to offer broadband services to a wider market of consumers and businesses," said Charles Hoffman, president and chief executive officer of Covad. "In determining where to expand our network we discussed with our strategic partners their growth needs in addition to examining our own growth projections. That allowed us to target our expansion in the markets with the highest growth opportunities for our wholesale and direct sales efforts."

Covad`s nationwide network currently covers more than 45 million U.S. homes and business in 96 of the top Metropolitan Statistical Areas (MSAs). The additional central offices will give Covad the ability to reach nearly 50 million homes and businesses in more than 100 of the top MSAs. The company offers DSL, T1, managed security, hosting, IP, dial-up services 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`s broadband services will be available in more locations beginning in 2004, which brings value and convenience to our customers and our partners," Hoffman added. "This is just one more example of how Covad offers the critical ingredients to make broadband better."


V.Mac

[V.Mac]

kurz zu Stephi06´s Posting:

Covad Communications (COVD: news, chart, profile) plunged 24 percent to $3.17 after the company said that it added 26,000 net new subscribers in the fourth quarter. Covad`s previous goal for new subscribers was between 35,000 and 38,000, according to Kaufman Bros.

V.Mac

[V.Mac]

Verbilligen klingt gut, da ich auch nach wie vor langfristig positiv gestimmt bin.

Ne kleine Order zu 2,50 € in Berlin, das isses doch......

V.Mac

[robocop15]

Hi V.Mac, würd ganz gern den Kauf direkt an der OTCBB abwickeln - da ist das Volumen entsprechend hoch.Hast Du da ne Ahnung wie es mit den Gebühren ausschaut? Oder macht das keinen Sinn?

[fuffi]

Ich habe vor 3 Jahren über Commerzbank 50 DM Auslandsgebühren bezahlt (zusätzlich zu dem was die CB haben wollte), geht wahrscheinlich über andere billiger.

[V.Mac]

@robo

das mit den Gebühren ist echt total unterschiedlich und hängt viel von deinem Broker ab.
Am besten, du fragst erst mal nach, falls du ein "normales" Bankdepot hast. Ansonsten, wenn du ein Online-Depot hast, müsste es ja in dem online verfügbaren Preisverzeichnis nachzusehen sein.

Aber ich sag mal so als Hausnummer, Auslandsspesen sind rund dreimal höher als Käufe in Deutschland.

V.Mac

[V.Mac]

Wieder mal ne Meldung, bereits vom 9.1.04

ACN Partners with Covad to Deliver Broadband Services to Customers
FRIDAY, JANUARY 09, 2004 2:50 PM
- CCNMatthews

FARMINGTON HILLS, MICHIGAN, Jan 9, 2004 (CCNMatthews via COMTEX) -- -- Covad Nationwide DSL Network to Accelerate Success Of ACN Advantage, Capitalizing on the Growing Demand for Bundled Voice and Data Services

ACN, a fast growing privately held company and a leader in voice, internet, mobile and energy services, today announced a resale agreement with leading broadband service provider, Covad Communications Group, Inc. (COVD) . This partnership allows ACN to offer local/long distance bundled calling combined with Covad`s digital subscriber line (DSL) broadband service as part of ACN Advantage calling plans. As a result, ACN customers will enjoy the convenience of bundled voice and data services in one comprehensive package.

Monthly, thousands of customers are already selecting ACN as their local/long distance calling provider. ACN will integrate Covad`s DSL service and therefore offer additional appeal to those consumers seeking to combine their voice and data communication services under one provider. Covad`s DSL service will be available as part of ACN`s already successful ACN Advantage service.

ACN President Greg Provenzano stated, "We`re proud to join forces with Covad and offer consumers a fresh choice for a bundled product that will deliver local and long distance calling services as well as DSL service. Since its launch, ACN Advantage has experienced rapid growth, and this addition to our bundled package will accelerate momentum even further."

This exceptional new alternative will be available to the rapidly growing number of ACN Advantage customers across the country, with a market introduction during March 2004. ACN Advantage is currently available to consumers in the following 13 states: California (SBC), Florida, Georgia, Illinois, Maryland, Michigan, New York, North Carolina, Ohio, Pennsylvania, Texas, Utah and the territory of Washington DC. ACN is also pleased to announce planned new service expansion of ACN Advantage and Covad`s DSL service into following 16 states during the 1st quarter of 2004: Alabama, Arizona, California (Verizon), Colorado, Kentucky, Louisiana, Massachusetts, Minnesota, Missouri, Nevada, New Jersey, Oregon, Pennsylvania, Tennessee, Washington and Wisconsin.

"Our partnership with ACN to provide bundled telecommunication services enables Covad to play a significant role in increasing broadband adoption," said Charles Hoffman, Covad CEO and President. "By utilizing Covad`s nationwide network, ACN now has the ability to service millions of new customers with the competitive advantage of DSL."

Major telecommunications companies across America rely upon Covad to provide exceptional broadband service. ACN is pleased to add their name to this growing list of successful partnerships. For more information on ACN, including its products, services, or independent business opportunity, visit www.acninc.com.



Wenns dem Kurs hilft......

V.Mac

[V.Mac]

heute im Hoch bei USD 5,95 ??? War wohl eher ein Fehler des Maklers, leider.

Noch ne Meldung vom 16.1.04:

Covad: Georgia Public Service Commission Preserves Line Sharing in State
FRIDAY, JANUARY 16, 2004 11:46 AM - BusinessWire

SAN JOSE, Calif., Jan 16, 2004 (BUSINESS WIRE) -- In ruling on a BellSouth motion Thursday, the Georgia Public Service Commission held that BellSouth must continue to provide line sharing to companies like Covad Communications Group, Inc. (COVD) that provide broadband Digital Subscriber Line (DSL) services to consumers and small businesses in the state.

"The Commission`s determination that BellSouth has an ongoing obligation to provide line sharing is a huge win for the citizens of Georgia, who will continue to have their choice of competing broadband DSL providers," said Charles Hoffman, president and chief executive officer of Covad, a leading national provider of high-speed Internet and network access utilizing DSL technology.

Line sharing is one of the methods that Covad and other competitive DSL providers use to deliver DSL broadband service to end-users. Through line sharing, competitors can provide DSL service over the same telephone line that end-users use to receive telephone service from their local phone company.

The Commission based its ruling on Section 271 of the Telecommunications Act of 1996, which sets conditions for the former Bell monopolies to provide long-distance services. The Commission`s order states:

"Even though line sharing is no longer a UNE, BellSouth still must provide it pursuant to the transitional mechanism ordered by the FCC and Section 271 checklist item 4."

"The Commission`s decision is a clear signal that the Bells will be held to the legal obligations that apply to their provision of long-distance services," added Hoffman. "Of course, Covad`s preference is to sign negotiated agreements with the phone companies to utilize line sharing. However, the Commission`s action demonstrates the importance of the regulatory process as a backstop to protect consumers and competition."



Also weiter nuffff....

V.Mac

[robocop15]

Die Richtung stimmt...

An alle Covadler mal ein Tip!! Hab mich vor einer Woche für Obducat ( 922032 ) entschieden und dort noch investiert. Ist ein schwedisches NANOTECH - Unternehmen mit hervorragenden Perspektiven aus meiner Sicht. Waren in den dortigen Threads gute Infos enthalten die mich letztendlich zum Kauf bei 0,20 € verführt haben.
Heute Schluß bei 0,34 !!! Da ging gestern und heute die Post ab und ich Dusel bin dabei. In den zugehörigen Threads geht da momentan die Post ab.

Das alles aber unverbindlich; Vielleicht kann ich Euch da was gutes tun; wer weiß ob ich in Covad noch drinn wär wenn nicht v.mac und einige andere mich immer wieder positiv auf COVAD gestimmt hätten.

[stephi06]

... die Meldung hilft vielleicht, aus der Seitwärtsbewegung raus zu kommen - nach oben ...


Covad Announces Voice Over Internet Protocol ``VoIP`` Deployment Plans; Internet Voice Offering to Include Business and Consumer Products
SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 9, 2004--Covad Communications Group, Inc. (OTCBB:COVD), a leading national broadband service provider of high-speed Internet and network access, today announced plans to offer Voice over Internet Protocol (VoIP) services to business customers and consumers. Complementing its diverse broadband portfolio for small- and medium-size businesses and consumers, Covad plans to begin rolling out VoIP services to the majority of the country`s top Metropolitan Statistical Areas (MSAs) by the fourth quarter of 2004.

VoIP enables people to use the Internet as the transmission medium for local and long distance telephone calls instead of the public switched telephone network. According to a report from Stratecast Partners, by 2007 the U.S. VoIP market is forecast to grow to more than five million subscribers, a five-fold increase over 2002 levels. VoIP technology will enable businesses and consumers to significantly cut costs of telephone services while retaining the ease-of-use of the common telephone.

"Today there is no VoIP service provider in the market who has all of Covad`s capabilities and infrastructure assets. From our national last-mile broadband network to our automated provisioning, support, and billing, we believe we can leverage many of our core competencies to become a leading turnkey VoIP solution provider in the United States," said Charles Hoffman, president and chief executive officer of Covad. "Broadband access is at the very core of VoIP services delivery and Covad is in a unique position to participate in the market thanks to our nationwide broadband network that covers 45 million homes and businesses and is engineered to support a data-based service like VoIP. It is a natural extension of Covad`s existing infrastructure.

"While many VoIP competitors are forced to deliver a best-effort service over a third-party broadband network, we have the ability to guarantee the quality of our voice service from end to end because Covad owns the network," Hoffman added. "Unlike other VoIP providers who might leave it up to the end user to install and support this new technology, we are able to offer turnkey solutions. Our partners will also be able to utilize our VoIP services and package them in conjunction with broadband."

In addition to providing VoIP services directly to its customers and turnkey solutions for wholesale partners, Covad has made and will make investments in its broadband network to support the market entry of its wholesale partners offering their own VoIP products. This includes quality of service (QoS) standards and service level agreements (SLA) to ensure that partners` VoIP offerings are of the highest quality.

Covad intends to initially launch three VoIP products targeted at business customers:

-- Basic Voice

-- Small Office/Home Office (SOHO) Voice

-- Virtual PBX for Enterprise users needing a virtual Private
Branch Exchange

A consumer VoIP offering will quickly follow after the launch of Covad`s business VoIP services.

All three voice products will include unlimited local calling with the option of either bundled domestic long distance minutes, or unlimited domestic long distance calling. These products will support international and inbound toll-free calling. Local number portability, emergency 911 and directory assistance will be standard features. The products will be bundled with Covad`s broadband Internet access, web hosting, and corporate e-mail hosting services.

Covad plans to offer VoIP through its direct sales channel as well as agents, resellers and its wholesale partners. The company will be in market trials by mid-year with rollout of VoIP services by the fourth quarter of 2004.


http://phx.corporate-ir.net/phoenix.zhtml?c=67488&p=irol-new…

[robocop15]

Heut knacken wir die 4$ - Dann schauts wieder richtig gut aus.
@ V.Mac: Bist Du noch drinn in Covad?

[V.Mac]

selbstverständlich, werde auch dabeibleiben, bis es wieder Richtung zweistellige Kurse geht. Ab 10 € , nicht USD, kann ich mir einen (Teil-)Verkauf vorstellen.

Und so lange werde ich warten, hab die Aktie mittlerweile rund 4 Jahre und alle (die wenigen) Höhen und (vielen) Tiefen mitgemacht. Ich werde mich hüten zu bald auszusteigen.

Das ist mir mit Santa Cruz Operations passiert, gekauft bei ca. 17 €, total entnervt ca. Anfang Januar 2002 für rund einen Euro wieder verkauft und heftige Verluste eingefahren, und letztlich hab ich mal wieder nach denen geschaut und ich denke ich seh´nicht richtig, war das Ding bei rund 20 € .....Totgesagte leben eben doch (manchmal) länger.

Also: Stay Tuned!

V.Mac

[robocop15]

Hi V.Mac

Da liegen wir ja beide ziemlich gleich - auch ich häng schon fast 4 Jahre drinn mit allen Höhen und Tiefen. Wer weiß ob ich nicht auch ohne Deine Durchhalteparolen das Teil zu einem Spottpreis mal verkauft hätte. So steh ich zumindest fast schon wieder beim Einstandspreis. Sollte dann in 1-2 Jahren ein zweistelliger Kurs an der Tafel stehen dann wäre die Investition auch noch rentabel - und daran glaub ich ganz fest.

mfg Robocop und meld Dich hin und wieder..

[robocop15]

Wissen da manche schon mehr zu den Zahlen die morgen kommen?? Hier trennen sich ja einige von Ihren Paketen....

[stephi06]

Auch wenn`s heute mit angezogener Handbremse läuft, Covad wird`s schon machen ... . In der Vergangenheit ging`s nach den Reports meist nach unten ....

http://www.knobias.com/story.htm?eid=3.1.be4de377e1429dc980b…

[V.Mac]

schon ein paar Tage her............

Covad says fourth-quarter loss narrows
WEDNESDAY, FEBRUARY 18, 2004 8:56 AM - Reuters U.S. Company News

NEW YORK, Feb 18 (Reuters) - Covad Communications Group Inc. (COVD) , a high-speed Internet access provider, on Wednesday said its quarterly net loss narrowed as it added subscribers.

The company said its fourth-quarter net loss was $12.8 million, or 6 cents per share, compared with a net loss of $25.1 million, or 11 cents per share, a year earlier.

Revenue rose to $105.0 million from $87.9 million.

The San Jose, California, company said it increased digital subscriber lines by 26,000 to 517,000 in the quarter, of which 304,000, or about 59 percent, were consumer lines.

For the first quarter, Covad expects its net loss to be in the range of $13.0 million to $17.0 million on revenue of $106 million to $109 million, and subscriber growth of up to 10,000 lines.

Shares of Covad closed Tuesday at $3.41 on Nasdaq.

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


Was soll man davon halten?

V.Mac

[fuffi]

Nachkaufen?

[stephi06]

Ich bin mir nicht ganz sicher, aber gute Nachrichten sind dass glaube ich nicht. Wenn ich recht verstehe, wird Covad möglicherweise wieder mehr zahlen müssen für den Zugang zu den entsprechenden Leitungen. Weiß jemand mehr ?

Court Strikes Phone Network Sharing Rules
Tuesday March 2, 3:10 pm ET


WASHINGTON (Reuters) - A U.S. federal appeals court on Tuesday handed a huge victory to Verizon Communications (NYSE:VZ - News) and other traditional local telephone companies, striking down rules that require them to share their networks with rivals at cut-rate prices.
ADVERTISEMENT


The U.S. Court of Appeals for the District of Columbia also struck down the Federal Communications Commission`s (News - Websites) decision to delegate to state regulators decisions about whether new entrants into the local market are impaired from competing for customers.

The commission`s definition of being at a disadvantage "is vague almost to the point of being empty," Judge Stephen Williams said in the 62-page decision written for the three-judge panel.

But the court said it would stay its decision for 60 days pending any requests by the parties for the case to be heard again.

Verizon and the other dominant local carriers, BellSouth Corp. (NYSE:BLS - News), SBC Communications Inc. (NYSE:SBC - News) and Qwest Communications International Inc. (NYSE:Q - News), have fought rules requiring them to lease parts of their networks to rivals at rates they argue are below cost.

AT&T Corp. (NYSE:T - News), MCI (Other OTC:WCOEQ.PK - News) and other upstarts in the local telephone market have contended that they need that cheap access to the dominant networks to compete. They have signed up millions of customers through that process.

The decision will likely be seen as vindication for Republican FCC Chairman Michael Powell who was outvoted when a fellow Republican commissioner sided with the Democrats to continue network sharing rules in most instances.

[robocop15]

@ Stephi
Wäre eine Erklärung für den Rückgang gestern ab ca. 14.30 pm in Amerika von 3,55$ auf im Tief 3,33$. Hoffen wir mal das Beste, irgendwann wird mein Nesthäkchen schon mal wieder zum Laufen kommen.

[stephi06]

... man gibt sich nicht geschlagen! Aber ob es (die Meldung und deren Folgen) den gewünschten Erfolg bringt, kann ich nicht einschätzen, jedenfalls wieder ein weiterer Baustein. Hört sich ganz gut an, aber wenn die 3 € nicht halten, siehts schlecht aus ...

Covad Signs Agreement to Acquire GoBeam to Accelerate Voice Over Internet Protocol - VoIP - Launch
SAN JOSE, Calif.--(BUSINESS WIRE)--March 3, 2004--

Acquisition Will Transform Covad from Broadband Company
to Integrated Voice & Data Communications Provider

Covad Communications Group, Inc. (OTCBB:COVD), a leading national broadband service provider of high-speed Internet and network access, today announced it has signed an agreement to acquire GoBeam Inc., a privately-owned provider of Voice over Internet Protocol (VoIP) services.

Covad will acquire GoBeam, including its assets and intellectual property in a transaction valued at $48 million that is expected to close in May of this year, subject to customary closing conditions. GoBeam`s stockholders will receive Covad shares in exchange for their GoBeam shares. GoBeam, which is based is Pleasanton, California, currently has more than 13,000 VoIP stations (telephones) serving business customers throughout California and in the Chicago, Illinois area.

VoIP represents a dramatic transformation in telecommunications that leverages the power of the Internet to enable next generation communications capabilities. It uses a broadband Internet connection to carry local and long distance voice calls instead of the public switched telephone network. According to a report from research firm Stratecast Partners, by 2007 the U.S. VoIP market is forecast to grow to more than five million subscribers, a five-fold increase over 2002 levels. The Internet Protocol-PBX market, which has just under 100,000 lines today, is expected to grow to more than 1.7 million lines by 2007, according to Forrester Research.

"Our acquisition of GoBeam not only accelerates Covad`s entry into the growing VoIP market, but it also is a major step in transforming Covad from a broadband company into an integrated voice and data communications provider," said Charles Hoffman, Covad president and chief executive officer. "By combining Covad`s nationwide broadband network with GoBeam`s market-leading VoIP services we expect to greatly accelerate the national availability of VoIP and communications services bundles eventually reaching more than 100 of the top Metropolitan Statistical Areas (MSA) in 35 states."

"We welcome the opportunity to partner with Covad," said GoBeam CEO Bill Jarvis. "The combination of GoBeam`s managed business communication applications with Covad`s nationwide broadband network and operating systems will enable us to provide end-to-end business communications solutions to customers across the country."

GoBeam will retain its own brand and continue to operate its services until mid-year 2004 when the transition to Covad has been completed. Founded in 1999, GoBeam was created to extend and deploy next generation communications services for small and medium-size businesses by leveraging extensive experience in end-to-end IP switching and transmission technology and a highly advanced software-based development platform. GoBeam received a 2003 Editor`s Choice Award from Network Computing and Network Magazine`s 2002 Product of the Year award.

"The acquisition of GoBeam expedites Covad`s entry into the VoIP market and adds an important new revenue stream and service package for Covad. In addition, after four years of delivering VoIP to the enterprise, GoBeam`s technical and marketplace savvy will give Covad a distinct advantage," said William Stofega, senior telecommunications analyst at IDC. "Covad`s national network is a perfect fit for GoBeam`s distribution model and enables Covad to transition from a broadband provider to a national integrated communications provider."

GoBeam currently offers a comprehensive suite of business VoIP solutions to accommodate varying customers` needs. At the center of the GoBeam solution is a full-feature hosted PBX solution that offers advanced PBX capabilities without the need to install expensive PBX hardware at the customer location. In addition, each user gets a unique phone number and an associated GoBeam Dashboard to manage incoming and outgoing phone calls through a computer.

The GoBeam Dashboard allows users to consolidate their multiple phone numbers with a single personal telephone number so callers reach them wherever they are. A personal virtual fax number handles all incoming faxes. The unified visual mailbox conveniently manages voicemail and faxes just like e-mail. Robust call logs and integration with Microsoft Outlook allow users to make and return calls with just a mouse click. Web collaboration and voice conferencing are easy to set up and use.

Jarvis added: "It is this unprecedented availability, control and ease of use of advanced communications capabilities that lead to tremendous improvements in business productivity that has helped so many GoBeam users become raving fans of the GoBeam service."

Covad plans to eventually offer VoIP to the consumer market through its wholesale partners and direct sales.

This accelerated roll out of VoIP services will require additional investment, and Covad is currently evaluating what impact this will have on the company`s previous expectation to be cash-flow positive by mid-year 2004

[robocop15]

Hi V.Mac, nachfolgende Meldung scheint ja nicht ein Kracher für COVAD zu sein, Kann das mal einer kurz zusammenfassen?


Covad Communications Group Announces Proposed Offering of Convertible Notes
Thursday March 4, 7:06 am ET


SAN JOSE, Calif.--(BUSINESS WIRE)--March 4, 2004--Covad Communications Group, Inc., (OTCBB:COVD - News) today announced its intention to sell, subject to market and other conditions, approximately $75 million principal amount of Convertible Senior Debentures due 2024, to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
In addition, Covad is expected to grant the initial purchasers an option to purchase up to an additional $25 million principal amount of the notes to cover over-allotments. The terms of the notes to be offered will be determined by negotiations between Covad and the initial purchasers of the notes.

Covad intends to use the proceeds of the offering to repay up to approximately $57 million in principal amount and accrued interest on a note held by SBC Communications as well as for working capital and general corporate purposes, which may include the acquisition of businesses, products, product rights or technologies.

The notes being offered and the common stock issuable upon conversion of the notes have not been registered under the Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States absent registration under, or an applicable exemption from, the registration requirements of the Securities Act of 1933, as amended and applicable state securities laws.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933, as amended.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

Information in this press release about the offering includes forward-looking statements that involve risks and uncertainties. Actual events could differ materially from the company`s current expectations. Factors that could cause or contribute to such differences include, but are not limited to, risks associated with the company`s business and general economic conditions. These and other factors are risks associated with the company`s business that may affect its results are discussed in the section titled "Part I. Item 1. Business--Risk Factors" in the company`s previously filed annual report on Form 10-K for the year ended December 31, 2003

[kosto1929]

Was bedeutet das für Covad? Wenig Cash? Geringere Zinsverpflichtung?

[jli]

Covad braucht dringend Kohle um Umzuschulden. Schade jetzt ist die Luft erst mal raus.

Gruß jli

[stephi06]

Irgendwann wird Covad von der unten beschriebenen Entwicklung profitieren. Warten wir halt noch ein bisschen ....

Bald alle Telefongespräche über das Internet

04.03.04 20:17

Das US-Justizministerium hat bei der Regulierung der Voice-over-IP (VoIP) Technologie um weitere Zeit gebeten. In dieser soll geklärt werden, wie Telefongespräche, die über das Internet geführt werden, notfalls überwacht werden können, so das US-Justizministerium in einer gemeinsamen Stellungnahme mit der US-Bundespolizei FBI (Federal Bureau of Investigation).Auslöser für die Verschiebung war eine Anfrage des FBI Deputy General Counsel Patrick W. Kelley bei der US-Behörde für Telekommunikation und das Fernmeldewesen FCC. Die FCC prüft derzeit eine Regulierung für den VoIP-Standard, der bereits in wenigen Jahren traditionelle Telefon-Technologien ablösen wird, so führende Marktforschungs-Institute.US-Unternehmen wie AT&T haben die Behörden in den USA gebeten, für das schnell wachsende Segment Regulierungen und Gesetze möglichst bald festzulegen, sodass mögliche Zusatzkosten oder regulatorische Beschränkungen bei der Planung der Dienste einkalkuliert werden können.Das Markforschungsinstitut Forrester sieht eine hundertprozentige Umstellung von Voice over IP (VoIP) Diensten bis in 17 Jahren. Bis 2006 werde 5% aller Telefoniekommunikation über VoIP abgewickelt werden, bis 2020 werde der Anteil auf 100% ansteigen, hieß es. Die Umstellung von leistungsorientierten (TDM) auf paketorientierte (VoIP) Stimmkommunikation stelle dabei die größte Herausforderung für die Telekombetreiber Europas wie BT oder die Deutsche Telekom AG in den nächsten zwei Dekaden da. TDM Telefonie (PSTN/ISDN) ist ein 140 Milliarden Euro schwerer Markt in Westeuropa, aus dem die Telekombetreiber den Großteil ihrer Umsätze generieren.Die Migration auf VoIP wird die Betreiber vor große Probleme stellen, so die Prognose von Forrester. Netzwerkausrüster wie Alcatel, Cisco und Siemens werden voraussichtlich weitere 2 Jahre nicht mit ausreichendem Equipmet auf dem Markt auftreten. Es werde ebenfalls weitere zwei Jahre vom jetzigen Zeitpunkt benötigen, bis die Sprachqualität von VoIP Lösungen mit jener von leistungsorientierten Netzen wie ISDN vergleichbar sein werde.Die Kostenseite sei eine weitere Hürde, die die Telekombetreiber überwinden müssten. Die mit den Jahren aber immer älter werdenden Netzwerke müssten jedoch erneuert werden. Zudem wird der Wettbewerbsdruck steigen, was die Telekombetreiber langsam dazu zwingen wird, auf paketorientierte Netze umzustellen.Auch die Festnetzsparte der Deutschen Telecom T-Com plant eine komplette Umstellung ihrer Netze auf Internettelefonie. Die Umstellung soll in den kommenden Jahren begonnen werden und bis zum Jahr 2020 vollständig abgeschlossen sein, so T-Com. Im Jahr 2020 rechnen Marktforscher mit einer vollständigen Abwicklung des Telefonie-Aufkommens in Europa über das Internet. Vorteile der IP-Telefonie sind niedrigere Kosten und die geringere Belastung der Netze, da nur die Kapazität belegt wird, die gerade genutzt wird.

[robocop15]

Hast recht Steffi, ich hab den Fast-Konkurs überstanden, dann werder wir wohl diese kleine Minikrise auch noch aussitzen können. Und wenn dann irgednwann in ferner Zukunft ein zweistelliger Coavd-Kurs erreicht ist dann hoffe ich das "die letzten Covadler" nicht zu weit in Deutschland vertreut sind, so das wir den Gewinn bei irgendeinem Gourmet auskosten können.

[robocop15]

Hi V.Mac und Steffi - Mal nachfolgende Meldung lesen. Wenn jetz auch noch der Break-Even erreicht wird dann sollten doch die Höchstkurse aus 2003 wieder drinn sein.

Press Release Source: Covad Communications


Covad Announces Completion of Broadband Network Integration with New Edge Networks
Monday March 8, 8:30 am ET
Customers Can Now Purchase Business-Class Broadband Services Through Covad in 235 Metropolitan Areas in 44 States


SAN JOSE, Calif.--(BUSINESS WIRE)--March 8, 2004-- Covad Communications Group, Inc. (OTCBB:COVD - News), a leading national broadband service provider of high-speed Internet and network access, today announced full network and systems integration with New Edge Networks, a national provider of managed networks to business and carrier customers, allowing businesses and distributed enterprises to purchase business-class broadband services directly from Covad or its selected partners in 235 Metropolitan Statistical Areas (MSAs) in 44 states.
ADVERTISEMENT


Under the terms of a previously announced reciprocal service agreement, Covad is now selling broadband services in small and mid-sized cities reachable through New Edge Networks. The agreement expands Covad`s footprint from 35 to 44 states, reaching an additional 5.5 million businesses.

"Combining our networks was a logical and strategic move that not only benefits Covad and New Edge Networks, but also business broadband customers nationwide," said Charles Hoffman, president and chief executive officer of Covad. "With one of the largest broadband footprints available, businesses, particularly distributed enterprises, can purchase DSL access from a single provider, making Covad the quintessential one-stop-shop for broadband services."

Hoffman added, "Covad`s and New Edge Networks` footprint are an ideal fit for each other. Our network primarily covers larger cities while New Edge Networks provides reach where Covad does not have a presence. The combined networks allow both companies to considerably grow their addressable markets."

Covad direct customers can have peace-of-mind knowing Covad provides all its business-class customers with a 30-day satisfaction guarantee. If the customer is not completely satisfied with Covad`s service and wishes to cancel they will be credited back all charges issued by Covad to that point.

"Covad and New Edge Networks footprints are a natural fit for one another," said Rod Woodward, telecommunications services industry analyst with Frost & Sullivan. "The two networks together can provide business-class DSL services to more cities and companies than ever before, making Covad a smart choice for businesses who want quality broadband services from one provider."

[kosto1929]

Der Preisverfall bei Breitband ist immens in den USA

[V.Mac]

@ robo

ich habe da auch so meine Hoffnungen, dass irgend wann mal wieder 2-stellige Kurse drin sind......

In diesem Fall werde ich wohl noch weitere drei, vier Jahre warten (können).

Auf jeden Fall sehe ich die Meldung von der Platzierung der "senior notes" eigentlich nicht als so dramatisch.

Das ist doch überall gang und gäbe, sich am Kapitalmarkt frisches Geld zu holen. Oder sehe ich das falsch?

V.Mac

[robocop15]

Ja V.MAc, ich seh das genauso. Vor allem ist der Weg den COVAD eingeschlagen hat in meinen Augen richtig. Und irgenwann zahlen sich die Agreements auch aus. Zudem haben wir genug Sitzfleisch bewiesen in den letzten Jahren und es war aus heutiger Sicht gut so.
Stay long ...

[robocop15]

Momentan scheints ja nur eine Richtung zu geben - ABWÄRTS
Wie seht Ihr das ganze? Kurse zum Nachkaufen schon erreicht oder geht es noch deutlich tiefer?

[stephi06]

Traurig, traurig. Ich glaube bevor die 2 nicht klar hält hat sollte man mit nachkaufen vorsichtig sein ...

[stephi06]

...man tut was ... . Vielleicht ärgert man sich, nicht nachgekauft zu haben ...

COVD/TWX: Agreement for Broadband Connect Service

THURSDAY , MARCH 11, 2004 08:17 AM

America Online, Inc. (TWX) and Covad Communications Group, Inc. (COVD) announced a new agreement to offer the next generation of broadband connectivity options to AOL for Broadband members. Covad`s Broadband Connect product is a new class of high-speed DSL connection without any accompanying content or applications. Covad`s new Broadband Connect product is now available across the United States in approximately 40 million U.S. homes and includes service in 96 of the top Metropolitan Statistical Areas

[V.Mac]

Also ich hab mir in den letzten Tagen noch mal einige wenige Stücke nachgelegt, das solls dann aber vorerst mal gewesen sein. Ein erneuter Geldeinsatz kommt nur noch in Frage wenn es ja deutlich unter 1 USD gehen sollte UND die Aussichten trotzdem nicht zu schlecht sind.

Davon abgesehen, gings ja heute leicht nach oben.

V.Mac

[robocop15]

Na ja, hoffentlich haben wir den Boden so um die 2 $ gefunden. War schon anstrengend die letzten Tage die Einbahnstraße nach unten .....

[V.Mac]

Was die letzten Wochen mit dem Kurs so passiert ist, das gefällt mir nicht wirklich.

Fallen wir jetzt wieder Schritt für Schritt auf das Niveau von 2002 und 2003 zurück?

Wer hat denn ne Meinung, warum es wieder so in den Keller geht?

V.Mac

[robocop15]

Hi v.Mac, mir gehts genauso.. Eigentlich gibts ja nichts neues von Covad, außer mal hier eine Allianz, mal da eine Vereinbarung. Dem Kurs ist das momentan egal, der kennt nur eine Richtung.
Was solls, ich sitz das Teil jetzt schon so lang aus, da kommts auf 1-3 Jahre auch nicht mehr an...

[stephi06]

Ich kann mich dem gejammer nur anschließen ... . Dann verkaufe ich halt erst, wenn ich in Rente gehe - dauert Gott sei Dank noch ein wenig ...

[jli]

Covad sieht derzeit wieder recht trübe aus. Das war nicht so abzusehen aber derzeit ist im Privatkundenbereich eine extreme Marktbereinigung am laufen. Trotzdem sie werden es überleben. Nur beim Kurs ist die 1 wieder in Sichtweite.

Gruß jli

[V.Mac]

Ich bin ja förmlich überrascht, dass soviel Resonanz auf mein letztes Posting kam.

Das ändertr aber leider am Kursverlauf nix. Auch wenn es heute mal wieder nach oben gin.

Was mich aber schon etwas aufregt, sind die gut 2000 St. Aktien, die am 11.5. oder 12.5. in Berlin für sage und schreibe 1,10 Euro den Besitzer wechselten. da gab es insgesamt ja immerhin 10500 St. Umsatz.

Aber der Eurokurs entsprach ja wohl überhauptnicht dem in Amerika, da wäre der faire Preis so um die 1,40 Euro gewesen, wenn ich nicht irre.

Naja, Kohlen hab ich momentan eh keine um noch mal, wie vor einigen Wochen angekündigt, um 1 Euro nachzukaufen.

Also hoffe ich, dass wir bald wieder steigende Notierungen sehen.

V.Mac

[stephi06]

Nach Börsenschluss sollen heute die Zahlen veröffentlicht werden. Weiß jemand was von den "estimates" bzw. hat jemand irgendwo darüber etwas gefunden? Nach den Quartalberichten ging`s ja meistens bergab, da die - wie ich meine überhöhten - Erwartungen meist nicht erfüllt wurden. Diesmal scheint überhaupt niemand was zu erwarten. Ich kann und will mir nicht vorstellen, das es wieder nach unten geht. Leider will das niemand wissen ...

[stephi06]

... von über -6 % auf fast +2 % kurz vor Schluss - ob da schon einige mehr wissen als viele andere ... ?

[V.Mac]

mal noch die Zahlen fürs erste Quartal 2004 und den korrigierten Abschluß 2003, wo man die Zahlen leicht nach unten korrigieren musste. Vielleicht war das der Grund der letzten Schwäche.

Covad Communications Group Announces First Quarter 2004 Results; Revenue Increases 19%, Net Loss Narrows over First Quarter 2003

MONDAY, MAY 17, 2004 4:30 PM

COVD 2.07 +0.18 Kurs vom 27.5.04

SAN JOSE, Calif., May 17, 2004 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) , a leading national broadband service provider of high-speed Internet and network access, today reported revenue for the first quarter of 2004 of $108.5 million, a 19 percent increase over the $90.9 million reported in the first quarter of 2003, and an increase of $3.4 million, or 3.3 percent, from the fourth quarter 2003.

The company reported net loss for the first quarter of 2004 of $13.5 million, or $0.06 per share, as compared to a net loss of $34.7 million, or $0.16 per share in the first quarter of 2003, and a net loss of $16.9 million, or $0.07 per share for the fourth quarter of 2003. Loss from operations for the first quarter of 2004 was $12.9 million, compared to $21.9 million in the fourth quarter of 2003 and $34.3 million for the first quarter of 2003.

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the first quarter of 2004 were $6.3 million as compared to a loss of $15.7 million in the first quarter of 2003 and a loss of $2.2 million from the fourth quarter of 2003. Refer to the Selected Financial Data, including note 2, for a reconciliation of this non-GAAP financial performance measure to the most comparable GAAP measure and other information.

Digital subscriber lines increased 24 percent year-over-year, from 417,000 in the first quarter of 2003 to 516,000 in the first quarter of 2004, and decreased by 1,200 from the fourth quarter 2003.

"We are pleased with our financial performance in the first quarter of 2004," said Charles Hoffman, president and chief executive officer of Covad. "Our strategy has always been to grow profitability and we continue to execute against it. Shifting partner sales strategies resulted in a line count that did not meet our expectations. However, we are taking steps with our partners to make improvements in this area and to diversify our revenue."

"This transition is made possible by our planned acquisition of Voice over IP provider GoBeam," Hoffman added. "Adding GoBeam and completing our $125 million financing made the first quarter of 2004 one of the most significant in Covad`s history. These actions allowed us to secure the future of Covad as an integrated voice and data company that can truly compete for voice customers and offer a diversified product portfolio of broadband communications services to our customers and partners."

The company`s wholesale subscribers contributed $79.1 million of revenue, or 73 percent, while direct subscribers contributed $29.4 million of revenue, or 27 percent. On March 31, 2004, Covad had approximately 445,000 wholesale and 71,000 direct lines in service, as compared to 362,000 wholesale and 55,000 direct lines in service reported in the first quarter of 2003 and 445,000 wholesale and 72,000 direct lines in service at the end of 2003.

For the first quarter of 2004, broadband subscription billings increased 26 percent to $89.3 million from $70.9 million reported in the first quarter of 2003, and increased three percent from $86.5 million reported in the fourth quarter of 2003. Management uses broadband subscription billings to evaluate the performance of its business and believes broadband subscription billings are a useful measure for investors as they represent a key indicator of the growth of the company`s core business. Refer to the Selected Financial Data, including Note 3, for additional information, including a reconciliation of this non-GAAP financial performance measure to the most comparable GAAP measure.

For the first quarter of 2004, gross margin was $40.2 million or 37 percent of revenue, as compared to 24 percent of revenue in the year-ago quarter, and 30 percent of revenue for the fourth quarter of 2003. Sales, marketing, general and administrative (SG&A) expenses were $33.3 million for the first quarter of 2004, as compared to $37.1 million in the year-ago quarter and $33.8 million for the fourth quarter of 2003.

As of March 31, 2004, cash, cash equivalent and short-term investment balances, including restricted cash and investments, were $169.6 million compared to $117.2 million as of December 31, 2003. First quarter cash flow included approximately $14.4 million of capital expenditures. Covad`s net cash usage for the first quarter also reflects the proceeds from the Convertible Senior Debentures offering of $120.2M and a payment of $56.6M to pay off a loan, including accrued interest, which SBC previously made to Covad.

Mark Richman, chief financial officer of Covad, said: "The improved financial results over the past year provided Covad the opportunity to raise capital and pay off higher-cost debt in the first quarter of 2004. Covad is now financially positioned to aggressively pursue new marketing and product opportunities, such as the deployment of the GoBeam VoIP product to Covad`s 100 markets."

Restatement

During the review of the first quarter financial statements Covad determined that certain employee stock options granted under the 2003 Employee Stock Purchase Plan were subject to variable accounting and that the consolidated financial statements for the year ended December 31, 2003 must be restated to account for this compensation. The restatement involves a non-cash charge, which reflects the stock-based compensation expense for those options that were granted in 2003 that are subject to variable accounting.

The restatement had the following effects on the consolidated financial statements for the year ended December 31, 2003:

-- Net loss, as restated, was $112.3 million, in comparison with
the $99.9 million that was originally reported.

-- Loss from operations, as restated, was $114.6 million, in
comparison with the $102.2 that was originally reported.

-- Net loss per share, as restated, was $0.50, in comparison with
the $0.44 that was originally reported.

Operating Statistics

-- At the end of the first quarter, Covad had approximately
295,000 consumer and 221,000 business lines in service,
representing approximately 57 percent and 43 percent of total
lines respectively.

-- Weighted Average Revenue per User (ARPU) was approximately $58
during the first quarter of 2004, an increase from $57 in the
fourth quarter of 2003. The increase in ARPU is due to the
progress in providing services to the small business market.

-- Net customer disconnections, or churn, averaged approximately
4.1 percent in the first quarter of 2004, an increase from 3.9
percent in the fourth quarter of 2003. Disconnections from our
consumer stand-alone data products continued to put upward
pressure on the churn rates in the first quarter of 2004.

Business Outlook


Covad currently expects revenue for the second quarter of 2004 to be in the range of $104-108 million with subscriber line growth of up to 10,000 lines. Broadband subscription billings for the second quarter of 2004 are expected to be in the range of $87-90 million. For the second quarter of 2004, Covad expects its net loss to be in the range of $10-14 million, and EBITDA profit to be in the range of $5-8 million. Net change in cash, cash equivalents and short-term investments, including restricted cash and investments, in the second quarter of 2004 is expected to be in the range of negative $3 million to positive $2 million. The outlook above does not reflect the impact on expected revenue, net loss, EBITDA or usage of cash, cash equivalents and short term investments resulting from the company`s proposed GoBeam acquisition, which has not been completed.

Recent Business Highlights

-- Signed an agreement and plan of merger to acquire GoBeam,
Inc., a privately owned provider of Voice over Internet
Protocol (VoIP) services. The acquisition is expected to close
in June.

-- Completed an offering of $125 million in convertible senior
debentures.

-- Announced the completion of a three-year commercial line
sharing agreement with Qwest Communications International. The
agreement enables Covad to continue to offer high-speed
digital subscriber line (DSL) services to thousands of small
and medium businesses and home users in the seven states
within the Qwest region where Covad offers service. This marks
the first time a competitive communications carrier and a
regional Bell operating company have negotiated commercial
terms for access to line sharing since the Federal
Communications Commission`s (FCC) Triennial Review decision.

-- Launched Covad`s DSL service in AT&T`s voice communication
bundle for residential users in six additional states,
bringing the total deployment to 26 states.

-- Launched Covad DSL broadband connectivity as part of ACN`s
Advantage calling plan for consumers.

-- Announced a new agreement to offer the next generation of
broadband connectivity options to AOL for Broadband members.
Covad`s Broadband Connect product is a new class of high-speed
DSL connection without any accompanying content or
applications.

-----------------------------------------------------------------------------------------------------------

Mal sehen, ob die Erwartungen erreicht werden (können).

Auf bessere Zeiten!

V.Mac

[stephi06]

Ich will einfach mal glauben das wir gerade den Anfang des Anstiegs in den 2stelligen Bereich sehen - kann zwar keine Nachrichten finden, die den Ansteig erklären, es gab aber auch keine wirklich schlechten Nachrichten, die den Absturz erklärten ...

[V.Mac]

Auf jeden Fall gings die letzten Tage ja wieder mal schön nach oben.

Sollte mich freuen, wenn das den Sommer über anhält.

V.Mac

[stephi06]

Geht doch! Bin mal gespannt, wie lange man braucht, um über die 2,60 zur kommen ...

[V.Mac]

Also so richtig gefällt mir der Covad-Sommer nicht...

Bin ja echt gespannt, wos in den nächsten Wochen noch hingeht..

V.Mac

[V.Mac]

tja, leider gehts nicht in die richtige Richtung...

V.Mac

[V.Mac]

da ich hier ja schon länger nichts neues mehr eingestellt habe, mal wieder was sinnvolles.

Die aktuellen Q3 Zahlen für 2004 sind raus, mit Ausblich auf Q4 mit höherem Verlust wg. offensiver Marketingstrategie und Investitionen in das VoIP Telefonieren.


Covad Communications Group Announces Third Quarter 2004 Results; Company Reports 10,500 New Broadband Customers; VoIP Service Now Available in 57 Markets
WEDNESDAY, OCTOBER 20, 2004 8:01 AM

COVD 1.73 +0.03

SAN JOSE, Calif., Oct 20, 2004 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) , a leading national provider of integrated voice and data communications, today reported revenue for the third quarter of 2004 of $105.7 million, a five percent increase over the $100.5 million reported in the third quarter of 2003, and a decrease of $1.6 million from the second quarter of 2004.

The company reported net loss for the third quarter of 2004 of $13.8 million, or $0.05 per share, as compared to a net loss of $33.4 million, or $0.15 per share in the third quarter of 2003, and a net loss of $7.4 million, or $0.03 per share for the second quarter of 2004. Loss from operations for the third quarter of 2004 was $15.3 million, compared to $32.2 million in the third quarter of 2003 and $6.7 million for the second quarter of 2004.

Cash, cash equivalent and short-term investment balances, including restricted cash and investments, decreased by $6.6 million to $165.8 million in the third quarter of 2004 compared to a balance of $172.3 million at the end of the second quarter of 2004. Third quarter cash was favorably impacted by the recovery of a pre-bankruptcy claim and a legal settlement which resulted in $3.2 million of payments to the company.

During the third quarter, line count from stand-alone broadband services increased by 10,500 lines ending the third quarter with approximately 524,900 lines in service. This is compared to a net decrease in lines of approximately 1,000 lines in the second quarter of 2004.

Covad ended the third quarter with 373 business customers that have chosen the company`s leading small business Covad VoIP solution, a 20 percent increase over the 311 customers at the end of the second quarter 2004. End user VoIP stations increased to 17,900 contributing $2.2 million in revenue in the third quarter, our first full quarter of reporting VoIP-related sales activity.

During the third quarter 2004, Covad expanded the availability of Covad VoIP service to 46 markets with 11 more added in October bringing total markets served to 57. By the end of the year, the company plans to complete the launch of Covad VoIP in all major metropolitan areas served by the company`s national footprint. The growth in Covad VoIP services during the third quarter 2004 was captured in the existing three markets served at the time of the GoBeam acquisition at the end of the second quarter. As Covad expands its VoIP markets, the company expects to continue driving Covad VoIP revenue growth.

"The third quarter was significant for Covad as we experienced positive momentum with a return to positive broadband line count growth as well as significant growth from Covad VoIP services. As we develop new markets, our aggressive nationwide rollout of Covad VoIP should continue to drive revenue growth," said Charles Hoffman, president and chief executive officer of Covad. "We will continue to fuel sales for Covad VoIP services through our new VoIP advertising campaign launched in September. We have also expanded our national reseller base by adding 84 new Covad VoIP channel partners in the third quarter.

"We also continue to improve our business to take advantage of the demand for the next generation of high-speed access," Hoffman added. "We recently completed our network expansion initiative which grew our nationwide footprint by 11 percent and have built a national, direct sales force to focus on the $32 billion dollar small and medium business telecommunications market."

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the third quarter of 2004 was a profit of $4.1 million as compared to a loss of $14.3 million in the third quarter of 2003 and a profit of $12.5 million in the second quarter of 2004. This reduction in EBITDA primarily resulted from increased expenses related to sales and marketing to launch nationwide Covad VoIP service. Refer to the Selected Financial Data, including note 2, for a reconciliation of this non-GAAP financial performance measure to the most directly comparable GAAP measure and other information.

The company`s wholesale subscribers contributed $75.3 million of revenue, or 71 percent, while direct subscribers contributed $30.4 million of revenue, or 29 percent. On September 30, 2004, Covad had approximately 448,700 wholesale and 76,200 direct lines in service, as compared to 419,700 wholesale and 71,200 direct lines in service reported at the end of the third quarter of 2003 and 440,800 wholesale and 73,600 direct lines in service on June 30, 2004.

For the third quarter of 2004, broadband and VoIP subscription billings increased eight percent to $88.8 million from $82.4 million reported in the third quarter of 2003, and up from the $87.5 million reported in the second quarter of 2004. Management uses broadband and VoIP subscription billings to evaluate the performance of its business and believes these billings are a useful measure for investors as they represent a key indicator of the performance of the company`s core business. Refer to the Selected Financial Data, including Note 3, for additional information, including a reconciliation of this non-GAAP financial performance measure to the most directly comparable GAAP measure.

For the third quarter of 2004, gross margin was $39.7 million or 38 percent of revenue, as compared $23.3 million or 23 percent of revenue in the year-ago quarter, and $44.6 million or 42 percent of revenue for the second quarter of 2004. Selling, general and administrative (SG&A) expenses were $35.5 million for the third quarter of 2004, as compared to $37.6 million in the third quarter of 2003 and $31.9 million for the second quarter of 2004. This increase resulted from increased sales and marketing expenses associated with the launch of Covad VoIP service.

Mark Richman, chief financial officer of Covad, said: "As Covad expands its position as a provider of both voice and data services, we will continue to invest in sales and marketing for product rollouts as well as new technology that leverages our existing network capabilities."

Operating Statistics

-- Digital subscriber lines increased seven percent
year-over-year, from 490,900 at the end of the third quarter
of 2003 to 524,900 at the end of the third quarter of 2004,
and increased by 10,500 lines from the second quarter of 2004.

-- At the end of the third quarter, Covad had approximately
302,500 consumer and 222,400 business lines in service,
representing a 58 percent and 42 percent of total lines
respectively. Business customers contributed $76.4 million, or
72 percent, of total revenue.

-- Weighted Average Revenue per User (ARPU) was approximately $56
during the third quarter of 2004, compared to $57 in the
second quarter of 2004.

-- Net customer disconnections, or churn, averaged approximately
3.6 percent in the third quarter of 2004, representing no
change from the second quarter of 2004.

Business Outlook


Covad currently expects revenue for the fourth quarter of 2004 to be in the range of $104-108 million with subscriber line growth in the range of 5,000-10,000 lines. Broadband and VoIP subscription billings for the fourth quarter of 2004 are expected to be in the range of $87-91 million. With our aggressive nationwide rollout of VoIP services requiring investments in sales and marketing activities during the fourth quarter of 2004, Covad expects its net loss to be in the range of $23-28 million, and generate an EBITDA loss in the range of $3-7 million. Net change in cash, cash equivalents and short-term investments, including restricted cash and investments, in the fourth quarter of 2004 is expected to be in the range of negative $10-15 million.

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

So, das wars mal wieder fürs erste. Mal weiter abwarten, wohin die Reise führt....

V.Mac

[V.Mac]

Sollte es für Covad mal wieder etwas besser werden?

Heute habe ich gelesen, das IRG Research (wer ist das ? ) Covad in einer ersten Einschätzung mit "buy" eingestuft hat.

Weiterhin habe ich mal auf Jahoo nach den Beteiligungen geschaut und festgestellt, dass Covad doch bei einigen Fonds mit beigemischt ist. Leider ist die Tabelle nicht so einfach hier rein zu kopieren, bzw. ich weiss nicht, wie es richtig geht. Aufjeden Fall hat Fidelity Balanced Fund knapp 13 Mio Shares bzw 4,99 % an Covd. Das finde ich schon erstaunlich. Andere Fidelity Funds sind auch noch investiert.
Na, das wird wohl seinen Grund haben....

TOP MUTUAL FUND HOLDERS

Holder Shares % Out Value* Reported
Fidelity Balanced Fund 12,996,200 4.99 $24,692,780 31-Jul-04
Davis Series-Davis Opportunity Fund 1,924,000 0.74 $4,617,600 30-Jun-04
Fidelity Advisors Value Strategies Fund 1,157,505 0.44 $2,488,635 31-May-04
Royce Opportunity Fund 1,130,800 0.43 $2,713,920 30-Jun-04
Fidelity Europe Fund (Cda) 1,052,900 0.4 $3,485,098 29-Feb-04
Fidelity International Growth & Income Fund 997,800 0.38 $1,895,820 31-Jul-04
Fidelity Leveraged Company Stock Fund 931,615 0.36 $1,770,068 31-Jul-04
Fidelity Worldwide Fund 761,300 0.29 $1,446,470 31-Jul-04
Metropolitan Ser Fd-Fi Value Leaders Portfolio 682,400 0.26 $1,146,431 30-Sep-04
Columbia Small Cap Growth Fund 580,500 0.22 $1,921,454 29-Feb-04



Also bis demnächst mal wieder.

V.Mac

[Bannerman]

Intelligence Research Group ?

Advent, Advent, mein Depot brennt.
Scherz.


Still a long way to go.

Grüße,
Bannerman

[V.Mac]

Naja, die letzte Empfehlung, die ich hier reingestellt habe, wird wohl schneller als gedacht erreicht. Ich hab da was von 2,5 USD im Hinterkopf.

Auf jeden Fall wirkt sich der Deal mit Verizon äusserst positiv auf COVD aus, da sich ein enormes Kundenpotential eröffnet.

Wolle mer also mal abwarten, vielleicht gehts ja bis Jahresende (welches Jahr??) noch weiter nach oben. Das wäre mal wieder ein erfolgreicher Jahresabschluß.

V.Mac

[V.Mac]

COVD scheint sich jetzt doch bei über 2 USD zu stabilisieren.

Wäre ja auch schön, wenn es nicht erst wieder nach unten geht.

Ich hoffe für 2005 auf weiter positive News und einen stetig steigenden Kurs.

V.Mac

[V.Mac]

die ersten News 2005, und sie bewirken steigende Kurse.
Schön wärs, wenn damit der Kurs für 2005 vorgegeben wäre.

Covad Receives INTERNET TELEPHONY Magazine`s ``Product of the Year`` Award for 2004; Covad VoIP Honored for outstanding Innovation

MONDAY, JANUARY 03, 2005 12:34 PM - BusinessWire

COVD 2,30 +0.15

SAN JOSE, Calif., Jan 3, 2005 (BUSINESS WIRE) -- Covad Communications Group, (COVD) , a leading nationwide provider of broadband voice and data communications, today announced that Technology Marketing Corporation (TMC(R))`s INTERNET TELEPHONY(R) magazine (www.itmag.com) has named Covad VoIP as a recipient of a 2004 Product of the Year Award. INTERNET TELEPHONY has been the VoIP Authority Since 1998(TM).

"We are proud to be one of the recipients for this award. Covad VoIP offers businesses nationwide the opportunity to affordably integrate their telephone and high-speed Internet services," said Jeff Ahlquist, vice president of product development for Covad. "Our customers have been able to significantly reduce their costs and increase productivity by managing all of their communications online."

Rich Tehrani, group publisher and editor-in-chief of INTERNET TELEPHONY, said: "Each year INTERNET TELEPHONY magazine bestows its Product of the Year awards on companies that have demonstrated excellence in technological advancement and application refinements. Covad has demonstrated to the editors of INTERNET TELEPHONY that its products or services are committed to quality and innovation while addressing the real needs in the marketplace."

The Product of the Year Award winners for 2004 will be published in the January 2005 issue of INTERNET TELEPHONY magazine.

Covad VoIP offers two services: Covad vPBX and Covad PBXi. Covad PBXi is designed to work seamlessly with existing PBX equipment. Covad vPBX is designed as a full PBX alternative. Covad and Covad`s dealer network install the service, train users and provide complete customer support. Covad`s Voice over IP services can be ordered directly by calling 1-866-462-3269. For more information on Covad`s Voice over IP service visit Covad`s website: http://www.covad.com

schönes 2005 noch noch und: keep cool!

V.Mac

[V.Mac]

COVD baut die Gewinne, die zum Jahresanfang aufgelaufen sind, ja Tag für Tag wieder ab.

Aber was solls, ich hoffe immer noch, dass ich mit der Aktie mal unterm Strich etwas verdienen werde.

V.Mac

[V.Mac]

Covad hat DSL-Nutzerzahlen in 2004 um rund 3% gesteigert. Die vollständigen Zahlen sollen Ende Februar kommen.

Cash beträgt per 31.12.04 ca. 153,5 Mio USD, der Q4 Verlust 2004 bzw Kapitalverbrauch rund 12,3 Mio USD.


Covad Communications Group to Announce Fourth Quarter Financial Results; DSL Subscribers Increased by 8,300 Lines; VoIP Stations Grew to 20,500
TUESDAY, FEBRUARY 01, 2005 8:02 AM

COVD 1.78 +0.02

SAN JOSE, Calif., Feb 1, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) , a leading national provider of integrated voice and data communications, will announce its fourth quarter 2004 results in late February. Call details will be released prior to the call.

Key operating statistics for the fourth quarter of 2004 include:

Covad added over 8,300 digital subscriber lines (DSL) during the fourth quarter, bringing total lines in service on December 31, 2004 to 533,200 lines, a three percent increase from 517,000 at the end of 2003.

Covad ended the fourth quarter with 567 Voice over IP (VoIP) business customers representing approximately 20,500 VoIP stations.

Covad ended the fourth quarter of 2004 with approximately $153.5 million (unaudited) in cash, cash equivalents and
short-term investments. Fourth quarter of 2004 net usage of cash, cash equivalents and short-term investments was
approximately $12.3 million.

"During the fourth quarter we completed the nationwide rollout of Covad VoIP and have now recorded sales of Covad Voice over IP service in 29 states," said Charles Hoffman, chief executive officer of Covad. "We are very pleased with the momentum we`re building in both the DSL and VoIP markets, and with the positive response we`re receiving to Covad VoIP from customers around the country."


Mal sehen, wies dem Kurs hilft.....

V.Mac

[V.Mac]

Rating-Update:

Die Analysten von Thomas Weisel stufen die Aktie von Covad Communications (ISIN US2228142046/ WKN 918421) von "peer perform" auf "outperform" hoch.

Wenns dem Kurs hilft..............

V.Mac

[V.Mac]

Die Jahresergebnisse 2004 von Covad sind da.

Sind die nun gut oder schlecht einzuschätzen? Der Markt heute in USA scheint wohl eher der Meinung zu sein, dass es schlecht ist, da der Kurs doch nachgibt.

Aber ich gebe die Hoffnung nicht auf und überlege schon laufend, noch mal ein paar Stücke nachzukaufen, wenns Kurse unter einem Euro gibt.

Naja, stay tuned!

V.Mac

[V.Mac]

Ist das heute die Trendwende?

Eine Kaufempfehlung von Jeffries hilft dem Kurs heute um rund 8% nach oben, mit einem erhöhten Kursziel auf USD 2 anstelle von USD 1,50. Interessant finde ich auch die Möglichkeiten, die da am Schluß genannt werden.

Covad shares jump on Jefferies` upgrade (COVD) By Michael Baron
NEW YORK (MarketWatch) -- Shares of Covad Communications (COVD) rose more than 7% to $1.15 in afternoon action. The move comes after Jefferies & Co. raised its assessment of the San Jose, Calif., provider of digital subscriber line Internet access services to "buy" from "hold" and lifted its price target to $2 from $1.50. Jefferies said it believes the recent sell-off in the stock, roughly a 33 percent drop since its fourth-quarter report in February, is overdone. The firm also thinks the company could attract interest from cash-rich service providers like EarthLink or regional Bell companies such as BellSouth, SBC and Verizon.

---------------------------------------------------------------------

Wenns mal wirklich über die USD 2 geht, kann ich mich endlich wieder mal etwas freuen.

V.Mac

[atitlannl]

Und ein starke Kaufempfehlung von KAUFMAN BROTHERS!

Company Note April 8, 2005
Covad Communications Group, Inc. (COVD/OTC) BUY
Communications Services & Technology
Stock Data
Price $1.18
Price Target $5.00
52-Week Range $2.65 - $1.03
YTD S&P Return -2.30%
YTD Stock Return -46%
Float (MM) 256
Avg. Daily Volume 1,259,162
Dividend Yield 0%
Shares Outstanding 261MM
Balance Sheet Date 09/30/2004
Enterprise Value $279.6MM
Market Cap $307.6MM
Net Cash $28.0MM
2004A 2005E 2006E
Revenue (MM) $429A $462 $568
EV/Revenue 0.7x 0.6x 0.5x
EBITDA (MM) $14.7A ($4.0) $74.2
EV/EBITDA 19.0x -69.9x 3.8x
EPS
Mar ($0.06)A ($0.10) —
Jun ($0.03)A ($0.09) —
Sep ($0.07)A ($0.06) —
Dec ($0.10)A ($0.03) —
FY ($0.26)A ($0.27) $0.02
FY P/E — — 59.0x
CY P/E — — 59.0x

Covad Communications provides broadband access and related communications services to businesses and consumers. Covad`s services include a range of high-speed, high-capacity Internet access and related services using DSL,T-1, virtual private network and firewall technologies. Covad`s network covers 96 of the top 100 metropolitan statistical areas and more than 45% of the homes and business in the United States.

DOWN, BUT NOT OUT - REITERATE BUY
• Recent pressure on the stock has been overdone, but it highlights market sentiment. The stock is down nearly 50% year-to-date on what we believe is continued negative sentiment surrounding the company – sentiment that, in our opinion, is unwarranted. We believe that now is the right time to take a fresh look and believe that the stock pullback has been overdone.
• Contributing to the ongoing share pressure was 1Q05 guidance indicating increased losses. While increased spending is necessary for the build-out of the VoIP business, we look for the company to prove its ability to deliver results and improving trends from the VoIP business, and return to cash generation in the not too distant future.
• Recent meetings with management provide continued confidence in business model transition. After spending some time with Covad`s management team, we believe that the strategic transitions from broadband access to integrated voice and data services, and from wholesale distribution to direct distribution are gaining traction and are exceeding expectations.
• Covad pre-released select operational results last night. The company added 14,200 DSL lines and 123 VoIP customers in 1Q05. These results were ahead of our expectations and support our thesis of a stabilization of the core broadband access business and growth from the VoIP business.
• We remain comfortable with our 1Q05 estimates and expect the company to meet its guidance for the quarter. We have not changed our model to reflect these data points as the data is insufficient to draw any specific conclusions other than qualitative support for our bullish thesis. We continue to estimate revenue of $107.9 million, and an EBITDA loss of $9.5 million and EPS of $(0.10).
• We reiterate our BUY rating and $5 price target. We continue to expect the company`s exposure to competitive pressures and regulatory uncertainty to wane and suggest that the recent pullback in the stock is a buying opportunity. The stock is currently trading at 0.7x our 2005 estimated revenues in line with its CLEC peers. However, in our view, the VoIP universe is more representative of Covad`s peer group than the CLECs, as Covad`s opportunity lies in the rollout of its VoIP services and the delivery of voice and data solutions to service providers including the CLECs. Our price target of $5 is based on a 10-year DCF.

Management is committed to this transition and believes that now is the right time to leverage their network to participate in telecom industry trends including regulatory changes, the shift toward hosted IP communications in the SMB marketplace, and demand for enhanced broadband access in support of voice services. Covad pre-released select operational results last night. The company added 14,200 DSL lines and 123 VoIP customers in 1Q05. These results were ahead of our expectations and support our thesis of a stabilization of the core broadband access business and growth from the VoIP business. The VoIP customer count is the metric to focus on. There were 690 VoIP customers at year end, ahead of our 667 estimate. These data points suggest that the company`s VoIP business is gaining the traction we are looking for. Assuming that our ARPU estimate of $1,800 per customer is correct, these additional 23 customers (assuming they were all added on 1/1) could represent as much as an additional $125,000 in revenues for the quarter or 4% upside to our current VoIP revenue estimate. Nevertheless, VoIP billings would still only account for approximately 4% of revenues in the quarter. This data supports our thesis that the company has positioned itself to serve an under-served market and that demand for VoIP solutions in the SMB marketplace should materialize. We are encouraged by this progress and look for qualitative commentary around this progress on the company`s 1Q05 earnings call on April 27, 2005.

The company also reported an addition of 2,300 stations for a total of 23,700. This number is lower than we had projected and implies an average customer size of 34 stations, down from 36 in 4Q04. We are not sure yet what to make of this trend. For the second consecutive quarter the company has added stronger-than-expected customers but fewer-than-expected stations. This trend does demonstrate strong demand for the services, but suggests that Covad`s sweet spot may be among small business rather than medium-size businesses. It is still too early in the development of the VoIP business to draw any conclusions, but this is a trend to keep an eye on. More importantly than this trend, however, will be customer and station ARPU.
Management has suggested that ARPUs are strong and should we see a quarterly uptick in ARPU rather than a decline we have modeled, it could demonstrate the company`s ability to extract greater dollars from its customers than we have projected. We look for further information from the 1Q05 earnings release later this month.
A third consecutive quarter of DSL adds suggest the business may be stabilizing. After beginning 2004 with two quarters of line losses there was concern that the company`s broadband access business was going to bleed away. 1Q05 adds of 14,200 represents the 3rd consecutive quarter of net line additions and is the strongest of the three. While this is a good data point we would not project a significant upside to our revenue estimate from these adds, as anticipated pricing pressure could offset these gains. Nevertheless, we view the trend as a strong data point for our thesis of a stabilization of the core business. Cash burn was lower than projected. Cash burn was guided to accelerate from the prior quarter`s $12.2 million burn rate to a range of $24 to $28 million as the company rolled out its VoIP solution. The company`s reported cash usage of $17.9 million includes proceeds of $7.4 million from the sale of 2,000 shares of ACCA Networks stock. Management plans to continue monetizing this asset over the course of 2005 for about $35 million in proceeds. Adjusting the reported cash burn for these proceeds, the company actually burned $25.3 million in the quarter, in line with guidance and with our $25.2 million estimate.
We remain comfortable with our 1Q05 estimates and expect the company to meet its guidance for the quarter. We have not changed our model to reflect these data points as the data is insufficient to draw any specific conclusions other than qualitative support for our bullish thesis. As discussed above, 1Q05 is expected to be highlighted by increased EBITDA losses due to the ongoing VoIP deployment
spend. The quarter should also reflect some residual Sarbanes Oxley expenses that should be non-recurring. In our view, 1Q05 results should be less of a focus and more attention should be paid to guidance. The company only provides one quarter of guidance but we are looking for improving trends as evidence that 1Q05 may indeed be the trough in losses.

We continue to estimate revenue of $107.9 million, and an EBITDA loss of $9.5 million and EPS of $(0.10). Our estimates, as well as company guidance, are summarized in the exhibits below.

Exhibit 1: Select Financial Estimates
($ in 000s)
Broadband subscriptions Billing 88,718 $ NM 371,492 $ NM 426,739 $ NM
% of Total Billings 92% 0.0% 90% 0.0% 82% 0.0%
VoIP subscriptions Billing 3,332 $ NM 27,093 $ 391.6% 78,408 $ 130.3%
% of Total Billings 3% 0.0% 7% 0.0% 15% 0.0%
High Capacity Circuits Billing 4,078 $ (26.3%) 16,312 $ (18.6%) 16,312 $ 0.0%
Dial-up Billings - $ NM - $ NM - $ NM
Financially Distressed Partners (300) $ NM (1,200) $ NM (1,200) $ NM
Customer rebates and Incentives not subject to deferral (2,000) $ NM (8,000) $ NM (8,000) $ NM
Other revenues, net 14,000 $ 5.8% 56,000 $ 8.2% 56,000 $ 0.0%
Total Revenues 107,828 (0.6%) 461,697 7.6% 568,259 23.1%
Gross Profit 38,990 (3.0%) 183,420 $ 12.5% 269,923 $ 47.2%
Gross Margin 36.2% 1213 b.p. 39.7% 174 b.p. 47.5% 952 b.p.
Total EBITDA (9,532) NM (3,951) $ NM 74,191 $ NM
EBITDA Margin -8.8% 848 b.p. -0.9% (429 b.p.) 13.1% 963 b.p.
EPS (excl. extra. Items) ($0.10) NM ($0.27) NM $0.02 NM
Basic Shares Outstanding 260,584 260,584 260,584

Exhibit 2: Company Guidance
Guidance KBRO Estimate
Total Revenue $105-$109M $108M
Subscriber Line Count +10-15K Lines + 11.5K Lines
Broadband Subscription Billings $87-$90M $89M
VoIP Subscription Billings $2-$3M $3.3M
High Capacity Circuit Billings $3.5-$4.5M $4.1M
EBITDA ($8)-($11)M ($9.5)M
Net Income ($27)-($32)M ($26)M

Takeaways From Recent Management Meeting
Management is exploring an AMEX listing – for better or worse. Management expects to convert a deferred gain of $54 million that resulted from the deconsolidation of BlueStar Communications in 2001. This gain will be recognized in retained earnings resulting in positive retained earnings. As such, the company will become eligible for a listing on the AMEX. We have heard both positive and negative reactions to this idea.
We expect the company to be prudent in exploring its options and encourage management to weigh the various factors carefully before making a decision. While an AMEX listing would expand the base of addressable investors it would also reduce liquidity and could signal a lack of confidence in the ability to execute toward a NASDAQ listing.
We believe that if management focuses on managing its business rather than managing its stock price, the stock will be stronger in longer term. We share management`s frustration with the current price and recent pressure but we remain confident that the company`s strategy is sound and that execution remains key to altering investor perception. That said, an argument can be made both for and against an AMEX listing. No matter which path the company takes the market will decide whether it likes the idea or not. We continue to focus on the company`s opportunity and fundamentals and believe that with or without such a listing the company can deliver value to shareholders. Covad is positioning itself to meet the evolving demands of its partners/customers. While the company is intent on shifting distribution to at least a 50/50% split wholesale/direct, it is clear that wholesale customers will continue to play a role in Covad`s business model. While the company has been hurt by transitioning business models of key customers including AT&T, EarthLink, AOL, and MCI, new services and the company`s transition to a voice and data company have positioned it to continue to serve these customers in new ways. AOL, for example, is expected to renew its efforts to sell broadband service, namely Covad`s DSL. We believe that Covad`s newly introduced Voice Optimized Access (VOA) will help AOL differentiate itself as it rolls out its newly announced VoIP services. EarthLink is expected to trial Covad`s Line Powered Voice service later this year as it explores telephony offerings. Additionally, management believes that the pending SBC/AT&T and Verizon/MCI or Qwest/MCI mergers should have minimal negative impact on its business, and in fact offer opportunity for expanded relationships. We believe that these mergers are a prelude to a nationwide push by the RBOCs and as such they may be looking for out of region partners. Covad, in our view is positioned as a partner of choice given its nationwide network and its existing relationship with all of these entities save Verizon. Although it is still too early to project the impact of any of these opportunities, it is evident that the company is innovating and evolving and looking for means of leveraging its strongest asset, namely its nationwide network. Management recognizes the risk of too great a dependence on wholesale customers and hence its focus on leveraging its VoIP initiative to develop a strong direct distribution channel. Nonetheless, these wholesale partners continue to offer opportunity for the company and we expect these relationships to continue delivering results. The regulatory front is settling down, but is still viewed as an overhang. Over the course of the past year there has been a lot of uncertainty surrounding Covad relating to regulatory changes and the potential impact on the business model. As we have been suggesting since our initiation in December, the company has muted the impact of these regulatory changes through the transition of its business model. Management recognizes that a regulatory driven business model is too risky and cannot support future growth.

While portions of Covad`s model were indeed affected by the evolving regulatory framework, we believe the impacts are minimal. The company, however, is not sitting idly by waiting to see what the effects might be but rather are leveraging these regulatory changes and their nationwide network to create new services. For example, with the introduction of Line Powered Voice, they have created an opportunity out of the elimination of UNE-P. With the exception of the pending mega mergers (i.e. AT&T/SBC) the company does not foresee any other near-term regulatory issues that should impact it. While we do not believe there is such thing as regulatory clarity, we do believe that a period of regulatory stability should be positive for Covad and help lessen the overhang. The company continues to trial wireless technologies as a means of lessening its dependence on the ILECs. Covad has been trialling WiMax as a last mile alternative and is quite encouraged by results to date. They have completed a technical trial in Louisville, Kentucky and are beginning market trials. They expect to
have their first commercial launch by year-end 2005. The company does not plan to replace its entire UNE Loop infrastructure with wireless technology, but rather is planning, initially, to use wireless to fill gaps in its network and to expand its network reach. In addition to lessening its replacement on ILEC, wireless would extend further than DSL can (DSL can only reach 18,000 feet from a CO) thereby
expanding the addressable customer base. Wireless is not expected to become a product offering, but rather a network resource that would enable the company to deliver product to more customers while lessening the regulatory uncertainty associated with leasing last mile copper loops from the ILECs. We reiterate our BUY rating and $5 price target. We continue to believe that as Covad moves up the value chain through offerings such as this and its focus on providing VoIP services to the small and medium business market, its exposure to competitive pressures and regulatory uncertainty should wane and Covad should emerge as a leading provider of integrated voice and data services. We suggest that the recent pullback in the stock is a buying opportunity. The stock is currently trading at 0.7x our 2005 estimated revenues in line with its CLEC peers. However, in our view, the VoIP universe is more representative of Covad`s peer group than the CLECs, as Covad`s opportunity lies in the rollout of its VoIP services and the delivery of voice and data solutions to service providers including the CLECs. Additionally, given the company`s strong balance sheet and trend toward cash flow generation and profitability, we suggest that the 2.3x price/2006 estimated sales implied by our $5.00 price target is reasonable. Our price target is based on a 10-year DCF.

[V.Mac]

Ich habe ja schon länger nix mehr hier rein geschrieben, aber so wirklich gute News hat es auch nicht gegeben.

Der Abwärtstrend der letzten Monate scheint ja nun nur bis Ende März/Anfang April gegangen zu sein und hat sich seit rund zwei MOnaten in einen Seitwärtstrend mit leicht steigender Tendenz geändert.

Irgendwann sollten doch auch mal wieder Quartalszahlen kommen, so Mitte bis Ende Juli,würde ich meinen. Vielleicht erleben wir ja da eine Überraschung und es geht endlich mal wieder deutlicher nach oben.

Die Q-1 Zahlen waren ja ganz passabel und der Ausblick liegt auf ähnlichem Niveau wie auch die letzten Zahlen.

Erst noch mal die Zahlen:

Covad Communications Group Announces First Quarter 2005 Results
SAN JOSE, Calif., Apr 27, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (OTCBB:COVD), a leading national provider of integrated voice and data communications, today reported revenue for the first quarter of 2005 of $107.7 million, unchanged from the $107.7 million reported for the fourth quarter of 2004 and down from $108.5 million reported in the first quarter of 2004.

The company reported net income of $34.4 million, or $0.11 per share, for the first quarter of 2005 as compared to a net loss of $26.0 million, or $0.10 loss per share, for the fourth quarter of 2004 and a net loss of $13.5 million, or $0.06 loss per share, in the first quarter of 2004. Net income for the first quarter of 2005 includes the recognition of a $54.0 million gain that was deferred when the company deconsolidated its former subsidiary, BlueStar Communications Group, Inc., in 2001. Also included in net income is a $7.2 million net gain from the sale of one-fifth of Covad`s investment in ACCA Networks Co. Ltd (ACCA), a Japanese broadband provider.

Loss from operations for the first quarter of 2005 was $26.6 million, compared to $25.1 million for the fourth quarter of 2004 and $12.9 million in the first quarter of 2004. The loss from operations in the quarter reflects the company`s continued investment in sales, marketing and implementation of Covad`s Voice over IP (VoIP) service.

Cash, cash equivalent and short-term investment balances, including restricted cash and investments, decreased by $17.9 million to $135.6 million in the first quarter of 2005 compared to a balance of $153.5 million at the end of the fourth quarter of 2004. Covad`s total cash balance as of March 31, 2005 includes the proceeds from the sale of a portion of its ownership in ACCA.

Covad ended the first quarter of 2005 with approximately 547,400 broadband lines in service, an increase of 14,200 lines from the fourth quarter of 2004. Covad ended the first quarter of 2005 with 690 VoIP business customers using approximately 23,400 stations, representing a 14 percent increase in VoIP station count from December 31, 2004.

Business Outlook

Covad expects total revenue for the second quarter of 2005 to be in the range of $107-111 million. Broadband and VoIP subscription revenue is expected to be in the range of $92-95 million. Covad expects its net loss to be in the range of $14-18 million, and EBITDA loss in the range of $6-9 million. Net change in cash, cash equivalents and short-term investments, including restricted cash and investments, in the second quarter of 2005 is expected to be in the range of negative $9-13 million

-------------------------------------------------------------------------------

Mal sehen, was die Zukunft so bringt.....


V.Mac

[V.Mac]

auf der Homepage von Covad habe ich noch was interessantes gefunden. Da ist eine Tabelle mit Gewinnschätzungen bis 2010, seit 1999 mit den Zahlen belegt. Laut der Schätzungen müsste erstmals 2007 Geld verdient werden bzw. unter dem Strich ein Plus rauskommen. Solange sollte auf jeden Fall die Cashreserven halten, wenn die momentanen Verluste sich nicht exorbitant erhöhen.

Die Tabelle hier rein kopiern wird eh nix, deshalb versuche ich es mal mit dem Link auf die Homepage/Investor relations: http://www.covad.com/companyinfo/investorrelations/
und dann auf der linken Seite "Earnings estimates"

Viel Spass beim Lesen


V.Mac

[V.Mac]

erst mal ohne weiteren Komentar:

Covad and Samsung Announce Upgrade to Covad Nationwide Network that Enables Local & Long Distance Service, Internet Access and Video over DSL; New Choice for Communications Services Available Soon for Covad Partners
TUESDAY, JUNE 28, 2005 8:01 AM
SAN JOSE, Calif., Jun 28, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) and Samsung Electronics Company, Ltd. (Samsung Electronics (005930)) today announced that Samsung Telecommunications America has been selected as the provider of new central office equipment that will power Covad`s market launch of line-powered voice access. This new technology enables Covad to offer basic local and long distance voice services, along with high-speed Internet and, eventually, video over DSL.

Earlier this month, Covad and its partner EarthLink announced plans for commercial trials of line-powered voice access in Dallas, San Francisco, San Jose and Seattle starting in October. This will be the first large-scale application of the service in the U.S., offering communications users another choice for simple, reliable local, long distance and high-speed data services. EarthLink is funding the trial through a prepayment for future Covad services.

Covad has selected Samsung`s Multi-Service Access Gateway technology to be installed in the core of Covad`s nationwide DSL broadband network. In addition to line-powered voice access, the new Samsung Multi-Service Access platform will allow Covad to enhance its offerings through the further deployment of Voice over IP (VoIP) services as well as advanced high-speed broadband services such as ADSL2+ and G.SHDSL. ADSL2+ provides higher ADSL speeds at greater distances. G.SHDSL is the next generation of SDSL providing higher symmetrical speeds at greater reaches. These two services will ultimately enable new voice and video services on Covad`s extensive nationwide network, which passes more than half the homes and businesses in the U.S., in more than 900 cities.

"Covad is extremely pleased to enter into this strategic alliance with a world-class company like Samsung as we develop and grow together this new voice and data service offer," said Charles Hoffman, Covad president and chief executive officer. "This initial market deployment is just the beginning of what we expect to be a highly-disruptive service. We are working to deliver nationwide deployment of line-powered voice access and next-generation broadband services that will offer cutting edge technology and an alternative choice to businesses and consumers across the country."

"We`re delighted Covad has selected Samsung`s AceMAP platform as the deployment vehicle for advanced broadband services across its nationwide network," said Jeong Han Kim, President of Samsung Telecommunications America, a subsidiary of Samsung Electronics Corporation. "The power of a Covad-Samsung alliance ensures Covad`s continued position as a leading provider of Next-Generation broadband services."

Line-powered voice access marries the usability of traditional phone service with the advanced features of VoIP. In addition to traditional calling features like Caller ID, Call Waiting and Call Forwarding, customers will also have VoIP features like Find Me/Follow Me, a Web-based call controller and click to dial. Customers will continue to use their existing phones, wiring and computer equipment. Just like traditional phone service, line-powered voice services will remain working during a power outage and the service fully supports enhanced 911 calling.

The new Samsung Multi-Service Access platform enables line-powered voice by taking an analog voice signal from a customer`s basic telephone and converting it into digital form at the Covad central office where the Samsung Access Gateway is located. The digital signal is then transported over Covad`s nationwide broadband network and terminated to any telephone on the partner`s Voice over IP network or the Public Switched Telephone Network (PSTN) managed by the local phone companies.

Unlike DSL broadband service, line-powered voice access is not distance sensitive. That means Covad`s nationwide network will, in the future, be able to serve 40 percent more customers with voice services in the current Covad footprint.

ADSL -- The "A" in ADSL stands for "asymmetric." ADSL has greater downstream than upstream rates. These rates are dependent on the distance a user is from the central office and may vary from as high as 9 Mbps to as low as 384 Kbps.

SDSL -- The "S" in SDSL stands for "symmetric." Symmetric DSL transmits at the same download speeds and upload speeds.



V.Mac

[V.Mac]

noch was.....


Covad Responds to Supreme Court ``Brand X`` Decision
MONDAY, JUNE 27, 2005 2:54 PM
SAN JOSE, Calif., Jun 27, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) , a leading nationwide provider of integrated voice and data services, today responded to the U.S. Supreme Court decision upholding a Federal Communications Ruling that cable modem services do not contain an underlying telecommunications service.

In Brand X, the Supreme Court affirmed the FCC`s determination that cable modem services are an unregulated information service not subject to common carrier rules.

The following quote may be attributed to James A. Kirkland, Covad senior vice president and general counsel:

"Covad strongly believes that having open networks helps promote broadband growth in the U.S., and that competitive service providers should have open access to incumbent networks to provide service to their customers.

"In light of the Court`s decision, it is clear that Covad offers the only national alternative broadband network to ISPs and VOIP providers. Covad is ready, willing and able to support wholesale customers and service providers who need last mile and other connections to their customers. That`s what we do every day."



V.Mac

[atitlannl]

Covad Communications Receives TMC Labs 2005 Innovation Award from INTERNET TELEPHONY(R) Magazine
Tuesday July 5, 12:15 pm ET
Covad VoIP with Voice Optimized Access Singled Out for Outstanding Innovation


SAN JOSE, Calif.--(BUSINESS WIRE)--July 5, 2005--Covad Communications Group, Inc. (OTCBB:COVD - News), announced today that Technology Marketing Corporation`s TMC Labs division named Covad VoIP with Voice Optimized Access (VOA) as a 2005 Innovation Award winner from INTERNET TELEPHONY magazine.
"We like to think that Covad Voice Optimized Access is similar to buying your voice traffic a first-class ticket on the Covad network," said Charles Hoffman, president and chief executive officer for Covad. "Covad VoIP with VOA prioritizes the telephone traffic on our nationwide network -- offering the best possible quality and experience for our customers."

"Covad VoIP has clearly demonstrated to the staff of TMC Labs that Covad`s product and service are truly innovative in the burgeoning VoIP/IP telephony industry. Never before in this industry has there been a greater need to highlight the most inventive VoIP products and services," said Rich Tehrani, Group Publisher and Editor-in-Chief of INTERNET TELEPHONY.

"The TMC Labs Innovation Awards are based solely upon the uniqueness of the company`s offering or how pioneering the particular product or service is. It is not based on company revenue or number of products sold. It is based on the concept that Covad VoIP is innovative," according to Tom Keating, CTO and TMC Labs Editorial Director.

Keating continued, "Covad VoIP deserves this great honor for creating a ground-breaking VoIP product or service. I look forward to seeing other innovative solutions from Covad as they continue to contribute to the future of the VoIP/IP telephony marketplace."

The TMC Labs 2005 Innovation Award highlights will be published in the July and August 2005 issues of INTERNET TELEPHONY magazine

[V.Mac]

heute wird es spannend, bzw, vielleicht auch morgen..

der Kurs heute provitiert auf jeden Fall von der letzten Meldung:

Hughes Network Systems Selects Covad to Offer DSL to Enterprise Markets
TUESDAY, JULY 26, 2005 8:00 AM- BusinessWire

COVD 1.30 +0.07

SAN JOSE, Calif., Jul 26, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) , a leading nationwide provider of integrated voice and data services, and Hughes Network Systems, LLC (Hughes), a leading provider of broadband satellite products and services, today announced that Covad has been selected as a primary DSL broadband supplier for Hughes` recently announced DIRECWAY(R) Unified Broadband service offering. Through this relationship, Hughes is now able to offer mid-tier and large enterprise customers managed network service solutions, including both satellite broadband and Covad`s DSL offerings.

Under the agreement, Covad will wholesale both its ADSL (asymmetrical digital subscriber line) and SDSL (symmetrical digital subscriber line) services to Hughes. With Covad`s broadband services available in its portfolio, Hughes customers will be able to select satellite or DSL broadband services, or both, at each of their locations depending on their business needs.

"Working with Covad and utilizing its extensive nationwide DSL broadband network is a key component of the Hughes DIRECWAY Unified Broadband offering," said Mike Cook, senior vice president of sales and marketing for the North American division at Hughes. "This relationship allows us to address, within a single managed network infrastructure, the entire market for broadband services by offering the ideal combination of wireline and satellite technologies."

"We are pleased to grow our wholesale relationships to include Hughes Network Systems, reflecting Covad`s commitment to optimizing our nationwide network," said Charles Hoffman, president and chief executive officer of Covad. "With this new agreement, Hughes will benefit from new revenue opportunities, while its customers enjoy the experience of Covad`s broadband services."

About Hughes Network Systems

Hughes Network Systems, LLC (Hughes) is the world`s leading provider of broadband satellite network solutions for businesses and consumers, with more than 800,000 systems ordered or shipped to customers in 85 countries. Hughes pioneered the development of high-speed satellite Internet access services and IP-based networks, which it markets globally under the DIRECWAY(R) brand. DIRECWAY terminals are based on the IPoS (IP over Satellite) global standard, approved by TIA, ETSI and the ITU standards organizations.

Headquartered outside Washington, D.C. in Germantown, Maryland, USA, Hughes maintains sales and support offices worldwide. SkyTerra Communications, Inc. (SKYT) and The DIRECTV Group, Inc. (DTV) each own 50% of HNS. SkyTerra is its managing member. For additional information, please visit www.hns.com.
--------------------------------------------------------------------------------------------------


und morgen soll es ja noch die Zahlen geben......

Covad Communications To Host Second Quarter 2005 Conference Call on July 27 at 5 PM ET/2 PM PT
THURSDAY, JULY 14, 2005 5:48 PM - BusinessWire

SAN JOSE, Calif., Jul 14, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (COVD) will conduct a conference call to discuss its second quarter 2005 financial results on Wednesday, July 27, 2005 at 5:00 p.m. eastern time / 2:00 p.m. pacific time.

To participate on this call, investors and news media should dial [phone] and reference pass code 80786596. Participants are advised to call in five minutes prior to the start time.


Ich hoffe, bis Wochenende mal wieder einen schönen Kurszuwach zu erleben. So um die ....% bis .....% wären schön.

Stay tuned !

V.Mac

[stephi06]

... na ja, obwohl auch bei den letzten Quartalen eigentlich jedesmal die angekündigten Zahlen Zahlen erreicht wurden, ging der Kurs jedesmal nach vorherigem Anstieg wieder nach unten. Fällt mir schwer diesmal anderes zu glauben, aber hoffen kann man ja weiterhin ...

[atitlannl]

Dies ist auch interessant:

EARTHLINK REPORTS STRONG SECOND QUARTER RESULTS

ATLANTA, JULY 26, 2005 — EarthLink, Inc. (NASDAQ: ELNK), the nation`s next generation Internet service provider (ISP), today announced financial results for its second quarter ending June 30, 2005. Highlights for the quarter include:

Net income of $43.8 million, or $0.31 per share
Income from operations of $47.9 million
Adjusted EBITDA (a non-GAAP measure) of $60.1 million
Free cash flow (a non-GAAP measure) of $55.3 million
A repurchase of 7.6 million shares of EarthLink common stock
"EarthLink once again delivered strong financial results, driven by management`s focus on operational excellence and its continuing commitment to long-term shareholder value," said Garry Betty, EarthLink`s president and chief executive officer. "Consistent with this commitment, EarthLink has repurchased 25 percent of the company`s shares over the past three years."

Betty added, "The stability and success of our existing Internet access business continue to provide the leverage and cash flow to fuel growth opportunities in next generation broadband wireline and wireless voice and data products. Building on our existing voice initiatives, EarthLink announced during the quarter a joint market trial with Covad that will combine the traditional telephone connection with advanced features of VoIP and will enable us to offer DSL services at speeds of 6 Mbps to 10Mbps."

Second Quarter Financial Results

USW
Sehe:
http://www.earthlink.net/about/press/pr_Q2_2005/

[atitlannl]

Press Release Source: Covad Communications Group, Inc.


Covad to List Shares on American Stock Exchange Under Stock Symbol "DVW"

Wednesday July 27, 8:00 am ET


SAN JOSE, Calif.--(BUSINESS WIRE)--July 27, 2005--Covad Communications Group, Inc. (OTCBB:COVD - News), a leading nationwide provider of integrated voice and data services, today announced its shares will be listed on the American Stock Exchange (Amex) under the symbol " DVW" for data, voice and wireless.
" Covad is moving to the Amex because it reinforces our strategic initiative to maximize shareholder value," said Charles Hoffman, Covad president and chief executive officer. " Listing on the Amex brings more order and stability to the trading environment and process, and should increase Covad`s level of institutional ownership."

John McGonegal, senior vice president of the Amex Equities Group, said, " We are excited to welcome Covad Communications Group, Inc., to the American Stock Exchange. We look forward to providing them the support and services a growing company needs to compete in today`s marketplace."

Covad shares will begin trading on Amex on July 28, 2005. The Amex`s approval is contingent upon Covad being in compliance with all applicable listing standards on the date its stock begins trading on the Amex and may be rescinded if Covad is not in compliance with such standards. Covad was previously traded on the OTCBB.

Covad has selected Kellogg Group as its specialist.

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.

About American Stock Exchange

The American Stock Exchange® (Amex®) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRSSM. In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 164 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks.

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. 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 impact of increasing competition, decreasing prices for competing broadband offerings, consolidation in the telecommunications industry, future changes in telecommunications regulations, litigation concerning current regulations and changes in technologies, 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.

[V.Mac]

Die letzte Meldung ist für mich schon eine kleine Überraschung. Das ist natürlich gut, wenn man das "Zockerparkett" OTC-Börse wieder verlassen kann und an die AMEX wechselt. Ich habe jedoch nicht damit gerechnet, dass dieser Wechsel doch schon kommt.
Naja, dem Kurs tuts heute zumindes gut, und wenn jetzt die Zahlen vielleicht auch einen Tick besser sind..... wer weiss.

Viele Grüße

V.Mac

[atitlannl]

@V.Mac

Die OTB ist völlig manipuliert.
Es gab in die letzten Monaten schon sehr viel gutes news, aber die Aktie ging nur nach Süden.

Vergesse nicht heute Abend die Conference Call des 2e Q.
Am weitaus wichtigsten wird IMO die Guidance für Q3.
Dan mussen die Vertrage mit AOL, Hughhes und Earthlink sich auszahlen.

Gruss Atitlan


P.S.

Sieht im Moment sehr gut aus, schon 1,41 (+8%)

[stephi06]

Irgendwie habe ich wieder das Gefühl, dass die Zahlen nicht für steigende Kurse ausreichen ... Die Aussichten sind wie immer positiv zu bewerten. Warten wir`s ab ...

Covad Communications Group Announces Second Quarter 2005 Results; VoIP Stations Grew 28%; Broadband Lines Increased to 554,400
SAN JOSE, Calif.--(BUSINESS WIRE)--July 27, 2005--Covad Communications Group, Inc. (OTCBB:COVD), a leading national provider of integrated voice and data communications, today reported revenue for the second quarter of 2005 of $109.7 million, up from the $107.7 million reported for the first quarter of 2005 and up from $107.3 million reported in the second quarter of 2004.

Covad ended the second quarter of 2005 with approximately 554,400 broadband lines in service, an increase of 7,000 lines from the first quarter of 2005. More than one-third of the line growth was from sales of business T1 services.

Covad ended the second quarter of 2005 with 870 VoIP business customers using approximately 29,900 stations, representing a 28 percent increase in VoIP station count from March 31, 2005. VoIP stations added in the second quarter of 2005 were more than double the stations added in the first quarter of 2005. While VoIP station growth doubled quarter over quarter in 2005 revenue does not reflect similar growth primarily because of the treatment of installation and equipment charges, which are deferred for revenue recognition purposes when billed. These amounts billed will be recognized as revenue in subsequent quarters.

The company reported a net loss of $16.4 million, or $0.06 loss per share, for the second quarter of 2005 as compared to a net income of $34.4 million, or $0.11 per share, for the first quarter of 2005 and a net loss of $7.4 million, or $0.03 loss per share, in the second quarter of 2004.

Loss from operations for the second quarter of 2005 was $25.6 million compared to $26.6 million for the first quarter of 2005 and $6.7 million in the second quarter of 2004. The loss from operations in the second quarter of 2005 reflects the company`s continued investment in sales, marketing and implementation of Covad`s Voice over IP (VoIP) service.

Cash, cash equivalents and short-term investment balances, including restricted cash and investments, decreased by $4.6 million to $131.0 million in the second quarter of 2005 compared to a balance of $135.6 million at the end of the first quarter of 2005. Covad`s total cash balance as of June 30, 2005 includes proceeds from the sale of a portion of the Company`s ownership in ACCA Networks Co. LTD (ACCA), a Japanese broadband provider, as well as an EarthLink Line-Powered Voice Access prepayment.

"Our second quarter results, with continued growth in revenue, adding 7,000 broadband lines and increasing VoIP stations by 28 percent, are a reflection of our commitment to building a long-term profitable business and being a leader in voice and data services. Our direct sales force is proving to be a significant asset as we continue to set the standard for the business-class VoIP market," said Charles Hoffman, Covad president and chief executive officer. "The second quarter also indicates a change in the mix of broadband lines with an increase in more profitable, business-class lines being added to our network. Additionally, our new initiatives with both AOL on high-speed Internet services and with EarthLink on Line-Powered Voice Access that were announced in the quarter will enable Covad to continue leveraging our nationwide network to innovate and collaborate with our partners."

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the second quarter of 2005 was a loss of $8.0 million as compared to a loss of $7.4 million in the first quarter of 2005 and a profit of $12.5 million in the second quarter of 2004. Refer to the Selected Financial Data, including Note 2, for a reconciliation of this non-GAAP financial performance measure to the most directly comparable GAAP measure and other information.

The company`s wholesale subscribers contributed $78.1 million of revenue, or 71 percent, while direct subscribers contributed $31.6 million of revenue, or 29 percent. As of June 30, 2005, broadband lines in service were approximately 472,800 wholesale and 81,600 direct lines, as compared to approximately 465,900 wholesale and 81,500 direct lines as of March 31, 2005, and approximately 440,800 wholesale and 73,600 direct lines reported as of June 30, 2004.

For the second quarter of 2005, broadband and VoIP subscription revenue increased to $93.5 million from the $91.5 million reported in the first quarter of 2005 and the $87.5 million reported in the second quarter of 2004. Management uses broadband and VoIP subscription revenue to evaluate the performance of its business and believes these revenues are a useful measure for investors as they represent a key indicator of the performance of the company`s core business. Refer to the Selected Financial Data, including Note 3, for additional information, including a reconciliation of this non-GAAP financial performance measure to the most directly comparable GAAP measure.

For the second quarter of 2005, gross margin was $33.5 million, or 31 percent of revenue, as compared to $35.0 million, or 32 percent of revenue, for the first quarter of 2005 and $44.6 million, or 42 percent of revenue, for the second quarter of 2004. Selling, general and administrative expenses were $41.5 million for the second quarter of 2005 as compared to $42.4 million for the first quarter of 2005 and $31.9 million in the second quarter of 2004.

"Our second quarter results are in line with the guidance we provided and reflect our continued commitment to invest in VoIP as well as opportunities in the broadband area," said John Trewin, Covad senior vice president and chief financial officer. "The year-over-year increase in operating expenses reflects our conscious decision to invest to become a leader in the VoIP market. Going forward, we will continue to make strategic investments in our business to improve our VoIP, sales, marketing and delivery processes which will result in an improved customer experience and operational efficiencies, such as faster order processing and more automated billing."

Operating Statistics

-- At the end of the second quarter of 2005, Covad had
approximately 324,700 consumer and 229,700 business broadband
lines in service representing 59 percent and 41 percent of
total broadband lines, respectively. Covad had 870 VoIP
business customers and approximately 29,900 VoIP stations as
of June 30, 2005. Business customers contributed $81.6
million, or 74 percent, of total revenue.

-- Weighted Average Revenue per User (ARPU) for broadband lines
was $55 per month during the second quarter of 2005,
equivalent to $55 per month for the first quarter of 2005.
Covad VoIP ARPU per customer (excluding resellers) was $1,698
per month during the second quarter of 2005, down from $1,763
per month for the first quarter of 2005.

-- Net customer disconnections, or churn, for broadband lines
averaged approximately 3.2 percent in the second quarter of
2005, slightly up from 3.1 percent for the first quarter of
2005.

Business Outlook

In the third quarter of 2005, Covad will be focused on equipping central offices for the EarthLink line-powered voice trial, continuing network augmentations to support execution of the AOL High Speed offer and other broadband growth, and continuing investment to maintain leadership in the growing VoIP hosted-PBX market. The AOL trial has a positive effect on revenues, but negative impact on EBITDA and cash due to the upfront incremental expenditures to support that volume. There also is some capital expenditure related to the EarthLink trial so some cash received from EarthLink last quarter will be spent in the third quarter. These expenditures are partially offset by the expectation of selling the balance of Covad`s shares in ACCA during the third quarter of 2005.

As a result, Covad expects total revenue for the third quarter of 2005 to be in the range of $111-116 million. Broadband and VoIP subscription revenue is expected to be in the range of $95-98 million. Covad expects its net loss to be in the range of $16-19 million, and EBITDA loss in the range of $12-15 million. Net change in cash, cash equivalents and short-term investments, including restricted cash and investments, in the third quarter of 2005 is expected to be in the range of negative $14-18 million.

Covad also announced today that it has been accepted for listing on the American Stock Exchange (Amex) under the symbol "DVW" for data, voice and wireless. Covad shares will begin trading on Amex on July 28, 2005. Covad was previously traded on the OTCBB.

[V.Mac]

mag es sein wie es will....dem Markt gefällt´s heute. Wenn man sich den "Business outlook" des Vorquartals anschaut, siehts nicht spektakulär aus, aber auch nicht wirklich schlecht. Ich würde das heutige Ergebnis als "in line" bezeichnen.
Zur Erinnerung der letzte Ausblick:
Business Outlook

Covad expects total revenue for the second quarter of 2005 to be in the range of $107-111 million. Broadband and VoIP subscription revenue is expected to be in the range of $92-95 million. Covad expects its net loss to be in the range of $14-18 million, and EBITDA loss in the range of $6-9 million. Net change in cash, cash equivalents and short-term investments, including restricted cash and investments, in the second quarter of 2005 is expected to be in the range of negative $9-13 million.
--------------------------------------------------------------------
Ich bin der Meinung, dass in den kommenden Quartalen eher aufgrund der aktuellen Vereinbarungen eine positive Überraschung möglich ist.

Mal sehen.

V.Mac

[atitlannl]

Hallo,

Ich hatte auch auf etwas mehr gehofft.
Die Kurs könnte erstmals herunter gehen.
Aber es gibt klare Indikationen das Covad wieder auf Wachstumkurs komt.
Ich habe dazu einige Daten in Excel zusammengefügt:


Für die Amerikaner habe ich weitere Bemerkungen gemacht:
http://www.beurszout.nl/Covad-Q2O5-CC.html

Diese URL habe Ich auf eine am. board gepost.

Gruss Atitlan

[V.Mac]

Dem Hurra vor zwei, drei Tagen folgte gestern das Böse Erwachen, wie ja weiter unten bereits von stephi06 befürchtet.
Und heute wurde der gestrige Rutsch wieder etwas kompensiert.

Auf alle Fälle scheinen die Weichen für eine rosigere Zukunft gestellt, nicht zuletzt auch durch den Wechsel (wieder) an die AMEX.

Schönes WE noch

V.Mac

[Tango05]

[posting]2.159.346 von V.Mac am 23.10.00 22:58:36[/posting]sehe kursverlauf erst ab 04, ihr postet jedoch seit 00. kann mi mal jemand ne WKN aus USA geben???

[atitlan]

http://finance.yahoo.com/q?s=dvw

Ticker: DVW (Data Voice Wireless)
WKN: 918421 ISIN: US2228142046

[V.Mac]

scheint gute Werbung für COVD zu sein, sonst ohne weiteren Kommentar:

Covad Retains Leadership for the Second Consecutive Year and Receives 2005 Market Leadership Award
MONDAY, SEPTEMBER 19, 2005 12:48 PM

PALO ALTO, Calif., Sept 19, 2005 /PRNewswire via COMTEX/ -- Frost & Sullivan`s recent analysis, North American Hosted IP Telephony and VoIP Access Service, selected Covad (DVW) as the recipient of the 2005 Market Leadership Award for its leadership in the North American hosted IP telephony market.

Each year Frost & Sullivan presents this Award to a company that has displayed excellence in all areas of the market leadership process, including the identification of market challenges, drivers, and restraints as well as strategy development and methods of addressing these market dynamics.

"In 2004, Covad acquired GoBeam, a pioneer in hosted IP telephony services, and gained expertise in next-generation, IP-based voice services as well as access to an existing customer base," says Frost & Sullivan Industry Manager, IP Communications, Elka Popova. "Now Covad is bundling its hosted IP telephony service with its own digital subscriber lines (DSL) service, thus offering a total solution to its business customers."

Covad is one of the pioneers in the hosted IP telephony market. Its successful development of brand value and product differentiation through a graphical user interface (GUI)-based service management console known as the "Covad Dashboard" has greatly contributed to the company`s success. The company`s end users prefer Covad for its keen grasp on market needs and its ability to develop features and capabilities that meet these needs.

Through its nationwide footprint and extensive partnerships, Covad was able to grow its hosted IP telephony line base by about 35 percent within just a few months of the GoBeam acquisition. Furthermore, Covad leverages its nationally dispersed Installation Service Group (ISG) to service small and mid-sized businesses with key services like broadband access, VoIP installation and maintenance, PC configuration, home or office networking, telecommunications wiring, and virtual private networking (VPN). Covad continues to invest in improving its VoIP services capabilities in order to gain a further competitive advantage and to enhance the customer experience.

"Covad has developed new features and capabilities for its hosted IP telephony customers and is looking at adding some advanced contact center capabilities, enhanced conferencing features, and vertical applications to its service bundles," explains Popova.

Recently, the company announced its private branch exchange integrated (PBXi) service, the voice over Internet Protocol (VoIP) access solution, in order to be able to capture a larger customer base. The service comes in four different editions -- two analog and two digital versions.

It would be remiss to not include Covad`s other innovative voice service -- the line-powered voice access solution that enables its partners to cost efficiently offer voice services over a DSL connection using the existing inside wiring and phones in a customer`s home. Although this is not a true hosted IP telephony service, it demonstrates Covad`s ability to think out-of- the-box and develop creative solutions that enable its partners to compete effectively against incumbent telcos.

Covad is well positioned to continue growing its market share in both the hosted IP telephony and the VoIP access service markets as evident from its partnerships and acquisitions. Covad`s dedication to developing next- generation voice services coupled with its large network footprint and extensive partnerships are likely to enable it to remain a major contender for the market share leadership position.

------------------------------------------------------------------

V.Mac

[atitlan]

http://www.beurszout.nl/Covad-watch.html

[V.Mac]

die heutige Meldung bringt mal wieder die nötige Würze für den Kurs.

Kurz und bündig:

Covad Communications Group (DVW: news, chart, profile) shares rallied 8% after the company agreed to acquire NextWeb Inc., a Fremont, Calif.-based provider of fixed-wireless Internet services for business customers. Terms call for Covad to acquire NextWeb in a transaction valued at about $24.7 million, broken down as $4 million in cash, $19 million in Covad shares and the assumption of $1.7 million in net debt. NextWeb`s network currently serves nearly 3,000 customers in the San Francisco area, Los Angeles, Santa Barbara and California`s Orange County as well as Las Vegas.
--------------------------------------------------------------------------
Die Orginalmeldung:

Covad Signs Agreement to Acquire NextWeb to Accelerate Entry Into Wireless Broadband; Acquisition Will Help Reduce Cost of Access and Enhance Product Portfolio in Several Important Covad Markets
WEDNESDAY, OCTOBER 05, 2005 6:00 AM- BusinessWire

DVW 1.12 +0.07

SAN JOSE, Calif., Oct 05, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, today announced it has signed an agreement to acquire NextWeb, Inc., a leading fixed-wireless Internet provider for business.

NextWeb, based in Fremont, California, utilizes licensed and unlicensed wireless technology to deliver cost-effective, business-class broadband service to small and medium business at speeds up to 100 megabits per second (Mbps). Covad will acquire NextWeb in a transaction valued at approximately $24.7 million that is expected to close by the end of the year, subject to customary closing conditions, including the approval of NextWeb`s stockholders. NextWeb stockholders will receive $4 million in cash, $19 million in Covad shares in exchange for their NextWeb shares and the assumption of $1.7 million in net debt. A portion of Covad shares to be issued are restricted from sale in the open market for a period of time. The stock component of the deal is subject to a collar arrangement.

NextWeb currently provides service to nearly 3,000 business customers in the San Francisco Bay Area, Los Angeles, Orange County (CA), Santa Barbara and Las Vegas. NextWeb`s service is available to more than 200,000 business locations in more than 175 cities throughout California and Nevada.

With wireless, Covad can:

-- Reduce its direct recurring costs per customer for an equivalent wireline T1 by up to 60 percent

-- Deliver an improved customer experience as a result of being able to control the service end-to-end and install it faster

-- Reduce dependence on copper and the regulatory landscape

-- Add new, high-bandwidth services targeted at the small- and medium-sized business market

"Our acquisition of NextWeb accelerates Covad`s entry into the emerging wireless broadband market and addresses our key strategic initiative to take control of our destiny," said Charles Hoffman, Covad president and chief executive officer. "NextWeb expands our service area and offers us new, higher-speed broadband services than Covad can currently offer, and provides an alternative to the last-mile copper for delivering data and voice services to business customers.

"Wireless broadband is a perfect complement, not a replacement, to our nationwide DSL network and certainly helps enhance shareholder value. With this acquisition, Covad fulfills the meaning of its stock symbol, DVW, which stands for Data, Voice and Wireless," Hoffman added. "Our focus for 2006 will be on maximizing the revenue and profit contribution within NextWeb`s existing markets and footprint. This will contribute to our commitment for Covad to be EBITDA positive by mid-year 2006."

Graham Barnes, NextWeb chief executive officer, said: "NextWeb has been a leading fixed-wireless player delivering highly reliable business-class Internet service using pre-WiMAX technology. Our profitable growth has come through a combination of operational excellence and strategic vision. Now, by combining with Covad, we are able to truly take our business, and the fixed-wireless broadband industry, to the next level."

NextWeb offers a full range of business broadband services, including scalable bandwidth from 384 Kbps to 10 Mbps, and higher, redundant access solutions, high-capacity licensed point-to-point links at speeds up to 100 Mbps and an array of managed solutions. Key business highlights include:

-- Triple-digit revenue growth over the last four years finishing 2004 with revenues of approximately $8 million

-- EBITDA and cash-flow positive since December 2003

-- Loyal customer base, with 1.7% average monthly churn

Graham Barnes will continue to run NextWeb`s wireless operations in the position of senior vice president and general manager.

Andrew Kreig, President of the Wireless Communications Association (WCA), the trade organization of the broadband wireless industry, said: "NextWeb has assumed a clear leadership position in the broadband wireless industry and has been an important player in WCA`s pursuit of innovative, pro-competitive wireless policies. Covad`s acquisition of NextWeb holds great promise for the industry."

Covad is a leading nationwide provider of broadband voice and data communications for small and medium businesses, and a key supplier of high-speed Internet access for competitive voice and Internet services providers. Covad owns and operates the only nationwide facilities-based DSL broadband network in the United States covering more than 50 percent of homes and businesses.

In addition to the proposed acquisition of NextWeb, Covad is currently conducting pre-WiMAX technical trials focused on the small business/enterprise market in the San Francisco Bay Area. Covad is achieving pre-WiMAX links up to five miles from the wireless base station at symmetrical speeds as high as 5.0 Mbps. A five-mile service radius from the base station for wireless is nearly six times the service area of DSL and three times the service area of a T1.

Blue Beacon Capital, LLC acted as advisor to NextWeb in connection with the transaction.

--------------------------------------------------------------------------------------

Das klingt doch ganz gut, vor allen Dingen die Möglichkeit, gegenüber herkömmlichen Daten/Telefonleitungen bis zu 60% an Kosten einzusparen.

Außerdem spricht der CEO davon, bis Mitte 2006 ein positives EBITDA zu erreichen.

Das sollte uns doch endlich belohnen......

V.Mac

[V.Mac]

ich habe da noch einen allgemeinen Artikel über die Wi-Max-Technologie und die Einschätzung dazu gefunden. U.a. wird auch DVW´s CEO Hoffman zitiert.

Why WiMax Could Hit the Hotspot
The technology for delivering fast Web access over large areas could help upstart communications outfits nab share from established players


Wi-Fi has changed the way people navigate the Internet, and in record time. The technology, which is used to create wireless networks in small areas such as homes, offices, and parks, allows millions to move about freely while they surf the Web with laptops and PDAs.
Advertisement

Demand is soaring, thanks to faster, cheaper, and more reliable technology, and to open standards that let tech giants like Intel (INTC ) bundle Wi-Fi radios into mass-market computers. The number of Wi-Fi users is expected to soar 57% this year, to 118 million worldwide, according to Pyramid Research. Not bad for a technology that`s only a few years old.

NEW TECH, NEW PLAYERS. Encouraged by Wi-Fi`s success, tech companies are poised to launch a new wireless technology called WiMax, which will allow even faster Internet access across larger areas. WiMax creates "hotspots" that stretch dozens of miles and allow users to surf the Web wirelessly at speeds that are much faster than connections via a digital subscriber line (DSL) or cable modem. A single WiMax radio is 20 or 30 times faster than a household broadband connection.

And WiMax is more than just a faster version of WiFi. Proponents believe that the technology will be a cheaper, faster alternative to all manner of communication, from DSL and cable modems to regular phones and wireless devices. It will allow newcomers to enter the communications market, creating a challenge to existing service providers and equipment makers alike.

"A WiMax platform`s ability to deliver lots of capacity at lower prices could be very disruptive to existing broadband business models. When you put voice over WiMax, it could also disrupt the wireline and wireless voice businesses," says Andrew Decker, chairman of the global telecom group at Bear Stearns Investment Banking.

EARLIER TRIES. All that could happen quickly. Decker notes that the time frame required for a new technology to reach widespread acceptance is getting shorter. It took a decade for cell phones and CD players to really take off, but new technology such as Wi-Fi, digital cameras, and Apple`s (AAPL ) iPods have achieved mass adoption in much less time. "Could WiMax become disruptive in three to five years?" Decker says. "Sure."

Seasoned telecom hands have heard this sort of talk before. During the telecom boom of the late `90s, companies from AT&T (T ) and MCI (MCIP ) to Winstar, Teligent, and Cellularvision invested billions of dollars in the idea. The thought was to beam wireless data to pizza-boxed-size antennas on customers` roofs, bypassing the local lines owned by the Bells and the cable TV companies. None of the efforts paid off, largely because the so-called fixed wireless technology was too expensive and prone to interference.

There are still plenty of skeptics who say that WiMax will run into a different set of obstacles. Available licensed spectrum -- the valuable swaths of the radio band where access is controlled by the government to minimize interference -- is in the hands of a few big providers. Telecom companies such as Verizon (VZ ) and Sprint Nextel (S ) already have begun to roll out 3G wireless networks that will have a head start in the wireless Internet market.

PLATFORM ANXIETY. Verizon CEO Ivan Seidenberg says wireless phone networks are evolving quickly and that they have advantages over WiMax, including ubiquity of coverage. Verizon and Sprint use a wireless data technology called EV-DO. Future generations of the technology will boast speeds as fast as 15 to 20 megabits per second, from about half a megabit a second. EV-DO and other varieties of 3G technology used by Cingular, a venture of SBC (SBC ) and BellSouth (BLS ), also can make use of nearly complete cell-phone networks built up over the last two decades.

And cell-phone companies can support their products with sophisticated customer service and billing platforms. "WiMax is a good niche technology, but it needs to be part of a broader platform," Seidenberg says. "You can`t just throw up a tower and give people free access."

WiMax may not be the only disruptive force in the wireless market, but it`s bound to be one of them. It`s already giving new life to the aspirations of a few upstart telecom companies, which all but vanished after the stock market crash of 2000.

WAITING AND WATCHING. Remember Covad (DVW )? It`s been through bankruptcy, but now it`s back, under the management of CEO Charles Hoffman, an SBC veteran. The provider managed to assemble its own nationwide DSL network aimed at business customers in 44 states, but it still leases the phone-company-owned copper lines that link its customers to nearby offices in the field. Starting next year, it`s going to bypass the phone companies by selling wireless WiMax connections. "We think WiMax is going to be big," Hoffman says.

Other upstart broadband companies will also rely on WiMax. There`s NextWeb, a regional player that sells wireless Internet access in California. TowerStream plans to use WiMax technology, too. What`s more, it has teamed up with Internet-phone upstart Vonage, which will use the network to deliver its voice services.

Some of these new providers will use WiMax technology to provide high-speed Net access in rural markets where it`s too expensive to lay fiber-optic cables all the way to customers` homes and offices (see BW Online, 9/2/05, "After Chaos, Changes in Calling"). Even some established players, such as BellSouth (BLS ) and AT&T (T ), are testing WiMax technology, a sign that big companies could try and grab the market for themselves should the technology take off.

`HOARDING SPECTRUM.` The future of the very smallest companies is uncertain, though. The telecom bust reinforced one of the age-old truths of the communications business: scale and scope matter. While the market may support a few upstarts like Covad, the regional players like NextWeb are going to have a tougher time on their own. Some are likely to be acquired. "Big companies are hoarding spectrum," NextWeb CEO and founder Graham Barnes says. "The government needs to do a better job of getting it into the hands of companies that need it." At first, people hoped that WiMax would operate on unlicensed radio spectrum, just the way Wi-Fi does. Wi-Fi could proliferate because operators didn`t have to pay for costly licenses. That made it affordable for small businesses to buy equipment for as little as $50. While Wi-Fi is prone to interference from microwave ovens and other small devices, WiMax signals that travel over miles are subject to countless sources of interference.

Unlicensed spectrum in the 5.8 gigahertz range can be used in relatively unpopulated rural areas. Most populous zones require licensed spectrum, which is available at 2.5 gigahertz and 3.5 gigahertz. But the 3.5 gig spectrum is mostly in the hands of the government, and Sprint Nextel owns about 85% of the licenses in the 2.5 gig range. Sprint has just started to roll out its 3G phone service, but it`s already testing WiMax technology from Alvarion (ALVR ) and Aperto that could be used for even faster 4G service toward the end of the decade, according to Sprint Nextel spokesman James Fisher (see BW Online, 8/26/05, "WiMax Keeps Gathering Momentum").

SETTING STANDARDS. Prices for WiMax gear are falling fast. During the late `90s, companies like AT&T struggled to get the cost of fixed wireless down to $500 a customer. Now the price is $200 and dropping, says analyst Emmy Johnson of Skylight Research. That will help drive sales into the mainstream. She expects sales of global WiMax equipment to jump from $23 million this year to $200 million or more in 2006 and $1 billion or more by 2008.

The number of WiMax connections is expected to hit 8 million in 2009, compared with less than 100,000 forecast for 2005, according to Johnson. The key to driving sales is the establishment of global standards. The worldwide WiMax Forum, which includes players such as Intel and Dell (DELL ), has agreed upon standards for fixed and portable WiMax devices, like computers and laptops.

Standards for mobile devices like phones and PDAs will be established by late 2006 or early 2007. And a laboratory called Cenecom has been established in Malaga, Spain, to certify that products comply. By next year, Dell laptops loaded with Intel WiMax chips (called Rosedale) will hit the market and benefit from the sort of marketing blitz that made Wi-Fi a global success.

DOUBLE BYPASS. WiMax has the power to disrupt the telecom market by throwing control of the customer up for grabs. Wi-Fi isn`t that threatening to telecom and cable companies because customers need a fixed broadband connection such as a DSL or cable modem to make it work. Wi-Fi is simply a wireless version of a broadband extension cord with a reach of a few dozen yards. But WiMax eliminates the need for a fixed broadband connection in the home. It allows outfits like Covad to completely bypass the telecom companies. And as WiMax goes mobile, it will allow upstarts to bypass the wireless phone companies, too.

Timing is everything in life. Companies such as AT&T searched desperately for such a local phone bypass in the late `90s. AT&T experimented with fixed wireless before it moved on to cable. Both failed, and now SBC is buying AT&T for $16 billion. WiMax came along a few years too late to save AT&T. But it may offer a new generation of companies a shot.

-----------------------------------------------------------------------

War wieder mal viel englischer Text, aber bekanntlich haben ja die Götter den Schweiss vor den Lohn gesetzt....

Vielleicht sollte man sich tatsächlich bei den momentanen Kursen noch mal etwas eindecken....?

Stay tuned!

V.Mac

[stephi06]

Ja, ja V. Mac, das mit dem Eindecken ist halt so eine Sache. Die Nachrichten vor einem Jahr und dem Jahr davor (also nach dem Beinahe-k.o.) waren auch schon gut bzw. hörten sich gut an und auch die Quartalsberichte waren immer halbwegs o.k. Ich hätte - wie man so schön sagt - alles darauf gewettet, das wir solche Kurse wie im Moment nicht wieder sehen. Mir scheint, die 50 Cent sind akutell genauso möglich wie die 2 Euro. Grundsätzlich bin ich deiner Meinung/Hoffnung, das die Kurse anziehen werden, aber das Teil ist halt nichts für schwache Nerven. Aber ich stimme der Sache mit dem Eindecken zu ...

[arnouxx]

Habe mal eine Position zu 1,04 mitgenommen. Eigentlich sieht der Chart nicht so schön aus. Aber 1,03 war schon einmal das untere Ende (April 05).

Die US-Analysten sehen den Wert in der Zukunft alle positiv. Kursziele von 1,50 an aufwärts. Wäre schön, wenn die Aktie hiervon etwas mitnimmt. Und hoffentlich hält der Support bei 1,03.

[arnouxx]

Hat jemand eine Meldung, warum heute Ausverkauf war?

Tagestief 0,80$

[stephi06]

Vielleicht hat es mit dieser Meldung etwas zu tun,wobei ich keine Ahnung habe, wie diese einzuordnen ist.

Covad files $150 mln debt, stock shelf offering
Tue Oct 11, 2005 05:11 PM ET
WASHINGTON, Oct 11 (Reuters) - Covad Communications Group Inc. (DVW.A: Quote, Profile, Research) , a provider of voice and data communications, said on Tuesday it may periodically sell up to $150 million in common and preferred stock, debt securities and warrants.

In a shelf registration statement filed with the U.S. Securities and Exchange Commission, the company said it plans to use the proceeds for general corporate purposes, which may include capital spending, debt repayment, acquisitions and investments.

Under a shelf registration, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale.

[V.Mac]

noch mal die besagte Meldung aus dem letzten Posting, etwas umfangreicher von der Homepage von Covad.

Aus meiner Sicht hat sich Covad nur die Möglichkeit geschaffen, innerhalb der nächsten 2 Jahre durch Ausgabe neuer Aktien, Schuldverschreibungen oder Warrants (Optionen?) max. USD 150. Mio reinzuholen, wobei die Preise zum Erwerb der Wertpaiere natürlich jetzt noch nicht feststehen.

Wenn´s jemand genauer übersetzten kann, bitte !!

SAN JOSE, Calif.--(BUSINESS WIRE)--Oct. 12, 2005--Covad Communications Group, Inc. (AMEXVW), a leading national provider of integrated voice and data communications, today announced it has filed a universal shelf registration statement with the Securities and Exchange Commission pursuant to Rule 415 under the Securities Act of 1933, as amended. After the registration statement has become effective, Covad may, from time to time, offer its common stock, preferred stock, debt securities and warrants, or any combination of the foregoing, which together have an aggregate initial public offering price of up to $150 million. The securities may be offered, separately or together, in separate series, in amounts, at prices and on terms to be set forth in the prospectus contained in the registration statement.

Covad has no specific plans to conduct an offering of securities at this time. Rule 415 allows registration of an amount which, at the time the registration statement becomes effective, is reasonably expected to be offered and sold within two years. The universal shelf registration statement is intended to provide the company flexibility to raise funds from the offering of securities relatively quickly and inexpensively. Any future offering of such securities will be subject to market conditions, the company`s capital needs and other considerations. Any offer to sell or solicitation of an offer to buy such securities, if and when such offer is made, shall be pursuant to the prospectus.

A registration statement relating to the securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

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Ist schon erstaunlich, dass der Kurs so abkackt.

Naja, was haben wir nicht schon alles mitgemacht.....

V.Mac

[V.Mac]

ausserdem habe ich aus diesen lästigen Werbebannern vom "Pennystock Report" noch diese Meldung, wobei ich nicht weiss, wie alt sie ist und obs auch wirklich stimmt:

Den Anfang und den Schluß lasse ich mal weg, weil die Kernaussage eigentlich hier steht.

.......Besonders in den USA stehen eine Vielzahl kleinerer Anbieter vor dem Aus.

Die US-amerikanische Federal Communications Commission (FCC) hat in einer umstrittenen Entscheidung Telefonnetz-Betreiber von ihrer bisherigen Verpflichtung befreit, unabhängigen Internet Service Providern (ISP) Zugang zu ihren Netzen zu gewähren. Die Telefonnetz-Betreiber sind damit den Kabelnetz-Anbietern gleichgestellt, die keiner Verpflichtung unterliegen, ihre Kabelnetz-Infrastruktur konkurrierenden Internetanbietern zu öffnen. Die Entscheidung des Telekom-Regulierers FCC war erwartet worden, nachdem im Juni diesen Jahres Kabelnetzbetreiber vor dem Obersten Gerichtshof der USA sich das Recht erstritten hatten, ISPs von ihren Netzen auszuschließen oder höhere Entgelte von ihnen verlangen zu dürfen. Die FCC reklassifiziert nun DSL konform zum Kabelinternet als "Information Service", der anders als ein "Telecommunications Service" nicht dem "Common Carrier"-Regelung unterliegt, bei der Netzbetreiber den ISPs Zugang zu ihren Netzen gewähren müssen. Für Telefonnetz-Betreiber ist die FCC-Entscheidung ein willkommener Schritt. Durch die "DSL-Deregulierung" müssen sie ihre Verträge mit unabhängigen ISPs nur für eine Übergangszeit von einem Jahr aufrechterhalten. Freie Internetprovider hatten bisher schon einen schweren Stand, da die Gewinnmargen für DSL-Resale nur sehr schmal waren. Mit dem Auslaufen der bisherigen Verträge sind die ISPs in einem Jahr dann gänzlich dem Wohlwollen der Netzbetreiber ausgeliefert. Es wird nun befürchtet, dass nur die größeren Internetanbieter wie AOL oder Earthlink genügend Marktmacht haben, um unter den neuen Konditionen zu überleben. Für viele kleinere Internet-Anbieter könnten die neuen Rahmenbedingungen das Aus bedeuten......

-----------------------------------------------------------------------------------

V.Mac

[arnouxx]

@ V.Mac

Ob das alles nun positiv zu sehen ist oder nicht, würde mich auch interessieren?

Die Ausgabe neuer Aktien ist sicher vergleichbar mit einer KE bei uns in Deutschland. Und das wird i.a. nicht gern gesehen.

Das aus für viele Provider sollte auf Covad nicht zutreffen. Hier haben sie mittlerweile eine entsprechende Größe erreicht. Und das eingenommene Geld soll auch für Investitionen verwendet werden, was doch sehr positiv ist.

Die Analysten gehen von Kurszielen 1,50 bis 5,00 aus. Hier wäre eigentlich genügend Potential. Da meine erst kürzlich erworbene Position nicht so groß ist, werde ich auch vorerst halten. Nur muss ich ein wenig Geduld haben. Das Umfeld ist momentan nicht so rosig und der Oktober wird wohl kein freundlicher Börsenmonat werden. Zum Jahresende könnte es schon wieder sehr freundlich sein.

[V.Mac]

was von gestern noch:

iNuntius to Resell Covad`s Voice Optimized Access Service THURSDAY, OCTOBER 13, 2005 8:33 AM

SAN JOSE, Calif., Oct 13, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading nationwide provider of integrated voice and data communications, today announced a wholesale partnership with iNuntius, Inc. and Belkin Corporation, providers of a suite of SIP-based VoIP and unified messaging communications services. The partnership allows iNuntius to resell Covad`s Voice Optimized Access (VOA) service.

Earlier this year, iNuntius, in collaboration with Belkin, a global leader in connectivity solutions, launched a partnership with ZONE Telecom, Inc., a New Jersey based telecommunications service provider, to provide VoIP service solutions for small- to-medium businesses.

"By using Covad VOA, our VoIP business customers will now benefit from this cutting-edge technology and have a high quality voice and data experience," said Ryan Kim, iNuntius vice president of engineering. "We are excited that this partnership will help us bring the VoIP customer experience to a new level of quality and reliability."

With Covad`s VOA small business customers can:

-- Multi-Task: Conduct multiple phone calls and access large data files concurrently over the same connection without compromising the quality of their voice service.

-- Voice Prioritization: Covad controls the flow of voice traffic over its nationwide network and prioritizes telephone conversations over data traffic.

-- Control Quality: Unlike consumer-class VoIP services which require customers to "bring their own access" customers can bundle both their voice and broadband access together on Covad`s nationwide network and manage the quality of voice and data simultaneously

"Covad`s agreement with iNuntius is designed to give them a competitive advantage and keep their broadband telephony customers a step ahead," said David McMorrow, executive vice president of sales and strategic alliances for Covad. "Covad is the only access provider in the industry to offer this service on both T1 and SDSL."

This partnership continues Covad`s commitment to provide its strategic partners with innovative communications services for the small-to-medium business market. For iNuntius, this partnership provides the opportunity to optimize its current VoIP offerings
----------------------------------------------------------------------------------------

Also das ist doch eher als positiv zu verstehen, denke ich.

V.Mac

[arnouxx]

@ V.mac

Nur die Stimmung und die meisten Anleger sind noch nicht positiv gestimmt.

Allerdings hat die Aktie auch Potential zu explodieren. Eben sehr spekulativ.

Schönes Wochenende

[V.Mac]

zum heutigen Schluss in den USA gings ja richtig ab.
Schöner Anstieg auf über 1 USD.

So stimmt sich der Wochenausklang wenigstens etwas versönlicher.

V.Mac

[V.Mac]

Die Spannung steigt mal wieder.....

SAN JOSE, Calif., Oct 17, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) will conduct a conference call to discuss its third quarter 2005 financial results on Wednesday, October 26, 2005 at 8:30 a.m. eastern time / 5:30 a.m. pacific time.

was da wohl kommt? Schlechter als erwartet oder in-line oder besser als erwartet?

Der übernächste Mittwoch wird es zeigen.....

V.Mac

[stephi06]

In der Vergangenheit stiegen die Kurse wenigstens vor der Veröffentlichung der Zahlen (um danach wieder abzustürzen), aber diesmal kaum Umsätze, bestenfalls gleichbleibender Kurs. Wie immer, hoffen wir auf bessere Tage ...

[V.Mac]

Zahlen sind da. Überraschungen gabs keine, die Erwartungen wurden wohl getroffen.

Covad Communications Group Announces Third Quarter 2005 Results WEDNESDAY, OCTOBER 26, 2005 7:30 AM
SAN JOSE, Calif., Oct 26, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, today reported revenue for the third quarter of 2005 of $112.1 million, an increase of 2 percent from the $109.7 million reported for the second quarter of 2005 and an increase of 6 percent from the $105.7 million reported in the third quarter of 2004.

Covad ended the third quarter of 2005 with approximately 578,400 broadband lines in service, an increase of 24,000 lines from the second quarter of 2005. Covad ended the third quarter of 2005 with 1,035 VoIP business customers using approximately 36,100 stations, representing a 21 percent increase in VoIP station count from June 30, 2005.

Covad reported a net loss of $15.8 million, or $0.06 loss per share, for the third quarter of 2005 as compared to a net loss of $16.4 million, or $0.06 per share, for the second quarter of 2005 and a net loss of $13.8 million, or $0.05 loss per share, in the third quarter of 2004.

Loss from operations for the third quarter of 2005 was $28.0 million compared to $25.6 million for the second quarter of 2005 and $15.3 million in the third quarter of 2004.

Cash, cash equivalents and short-term investment balances, including restricted cash and investments, decreased by $14.9 million to $116.1 million in the third quarter of 2005 compared to a balance of $131.0 million at the end of the second quarter of 2005. Covad`s total cash balance as of September 30, 2005 includes proceeds from the sale of the remainder of the Company`s ownership in ACCA Networks Co. LTD (ACCA), a Japanese broadband provider, offset by the usage of funds received from Earthlink to support it`s Line-Powered Voice Access trial, expenditures to provision new customers from the AOL broadband trial, and a semi-annual interest payment on our convertible debentures.

"The third quarter marks the first time that Covad has generated more than $100 million in total subscription revenue, and is proof of the momentum Covad is building toward our goals of being EBITDA positive by mid-year 2006 and cash-flow positive by year-end 2006," said Charles Hoffman, Covad president and chief executive officer. "We are taking more control of our destiny by increasing Covad VoIP stations by 21 percent in the quarter, selling more margin-rich business services, and through our planned acquisition of wireless broadband provider NextWeb, which will jump start our entry into the wireless broadband market."

Earnings before interest, taxes, depreciation and amortization (EBITDA) for the third quarter of 2005 was a loss of $11.9 million as compared to a loss of $8.0 million in the second quarter of 2005 and a profit of $4.1 million in the third quarter of 2004. Refer to the Selected Financial Data, including Note 2, for a reconciliation of this non-GAAP financial performance measure to the most directly comparable GAAP measure and other information.

Covad`s wholesale subscribers contributed $79.7 million of revenue, or 71 percent, while direct subscribers contributed $32.4 million of revenue, or 29 percent. As of September 30, 2005, broadband lines in service were approximately 498,500 wholesale and 79,900 direct lines, as compared to approximately 472,800 wholesale and 81,600 direct lines as of June 30, 2005, and approximately 448,700 wholesale and 76,200 direct lines reported as of September 30, 2004.

For the third quarter of 2005, broadband and VoIP subscription revenue increased to $96.6 million from the $93.5 million reported in the second quarter of 2005 and the $88.8 million reported in the third quarter of 2004. Management uses broadband and VoIP subscription revenue to evaluate the performance of its business and believes these revenues are a useful measure for investors as they represent a key indicator of the performance of the company`s core business. Refer to the Selected Financial Data, including Note 3, for additional information, including a reconciliation of this non-GAAP financial performance measure to the most directly comparable GAAP measure.

For the third quarter of 2005, gross margin was $27.6 million, or 25 percent of revenue, as compared to $33.5 million, or 31 percent of revenue, for the second quarter of 2005 and $39.7 million, or 38 percent of revenue, for the third quarter of 2004. The AOL trial, which ended during the quarter, had a positive effect on revenues for the third quarter of 2005, but reduced gross margin by approximately $3.4 million due to the upfront incremental expenditures associated with such volume. Selling, general and administrative expenses were $39.5 million for the third quarter of 2005 as compared to $41.5 million for the second quarter of 2005 and $35.5 million in the third quarter of 2004.

"Our third quarter EBITDA was slightly better than our guidance for the quarter and cash and revenues were well within guidance," said John Trewin, Covad senior vice president and chief financial officer.

Operating Statistics

-- At the end of the third quarter of 2005, Covad had approximately 347,400 consumer and 231,000 business broadband lines in service representing 60 percent and 40 percent of total broadband lines, respectively. Covad had 1,035 VoIP business customers and approximately 36,100 VoIP stations as of September 30, 2005. Business customers contributed $80.9 million, or 72 percent, of total revenue.

-- Weighted Average Revenue per User (ARPU) for broadband lines was $54 per month during the third quarter of 2005, down slightly from $55 per month for the second quarter of 2005. Covad VoIP ARPU per customer (excluding resellers) was $1,578 per month during the third quarter of 2005, down from $1,698 per month for the second quarter of 2005.

-- Net customer disconnections, or churn, for broadband lines averaged approximately 3.3% percent in the third quarter of 2005, slightly up from 3.2 percent for the second quarter of 2005.

Business Outlook

Covad expects total net revenues for the fourth quarter of 2005 to be in the range of $112.0-116.0 million. Total subscription revenue is expected to be in the range of $100.5-104.0 million. Broadband and VoIP subscription revenue is expected to be in the range of $96.5-99.5 million. Covad expects its net loss to be in the range of $23.0-26.0 million, and EBITDA loss in the range of $9.0-11.0 million. Included in our EBITDA guidance is approximately $2.3 million of severance costs. Net change in cash, cash equivalents and short-term investments, including restricted cash and investments, in the fourth quarter of 2005 is expected to be in the range of negative $16.0-20.0 million, which includes the payment of approximately $2.5 million of severance costs and related accrued vacation pay.

The above guidance does not reflect our pending acquisition of NextWeb, which we expect to be consummated later this quarter.
--------------------------------------------------------------------------

V.Mac

[V.Mac]

noch eine Meldung, die NextWeb, das in Kürze eingegliederte Unternehmen betrifft. Das klingt ganz nett.

NextWeb Ranked #104 on Coveted Inc. 500 List
WEDNESDAY, OCTOBER 26, 2005 8:01 AM - PR Newswire

FREMONT, Calif., Oct 26, 2005 /PRNewswire via COMTEX/ -- NextWeb, California`s largest fixed-wireless Internet service provider for business announced today that it has been named to the 2005 Inc. 500, Inc. magazine`s renowned annual ranking of the fastest-growing privately held companies in the United States. NextWeb achieved the position of number 104 out of the 500 companies listed, and number eight in the telecommunications sector, nationwide with a three year revenue growth of 847%. NextWeb -- the first fixed broadband wireless operator utilizing unlicensed spectrum to be named an Inc. 500 company -- also announced today that it was named the 13th fastest-growing firm on the San Jose Business Journal`s Fast 50 list of Silicon Valley growth companies.

"We are honored to be the first fixed wireless operator using unlicensed spectrum to be named to the Inc. 500 list," said Graham Barnes, NextWeb CEO. "Our track record of solid, profitable growth has brought widespread industry recognition, including being named to all three Bay Area business journals` top growth company lists two years in a row, and being a recent finalist for the Ernst & Young Entrepreneur of the Year award. This commendation from the premier growth company business magazine, Inc., is particularly gratifying, and underscores the effort of the staff at NextWeb who have worked so hard in growing the company."

The companies that made Inc.`s 24th listing represent fast-growth success stories across a wide range of sectors that are the pulse of the future economy. The 2005 Inc. 500 companies posted an average three-year sales growth of 769%, total aggregate 2004 revenue of $15.9 billion, and 84% of them were profitable. Most importantly, Inc. 500 companies were engines of job growth, having created more than 95,000 jobs since the companies were founded.

NextWeb recently announced that it has signed a definitive agreement to merge with Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications. Covad`s interest in NextWeb stemmed in part from NextWeb`s focus on steady growth in revenues as well as profitability.

"We are delighted that NextWeb has taken such a high position on the Inc. 500 list, and also been recognized as a leading privately-held telecommunications company," said Charles Hoffman, Covad president and chief executive officer. "The Inc. 500 recognizes companies with a track record of strong, and profitable growth and this combined with their focus on pre-WiMAX technology, made them a very attractive merger candidate. We congratulate the NextWeb team on achieving this major milestone."

The Inc. 500 ranks privately held companies according to year-over-year sales growth from 2001 to 2004. With approximately 75% of all new job creation in the U.S. coming from entrepreneurial businesses, the Inc. 500 opens a window onto the companies and industries that are driving the economy forward. Over the years, the Inc. 500 has identified the next generation of world-class companies, with Microsoft, Stonyfield Farms, Timberland, Oracle, The Princeton Review, Morningstar, Jamba Juice, Gateway, E*Trade, Intuit, and Domino`s Pizza all appearing on the list before they became industry powerhouses.

California -- NextWeb`s home state -- is the state with the most Inc. 500 companies -- 77, up from 67 last year. Virginia is second, with 34 companies on the list, followed by Florida (33), Texas (32), and Massachusetts (26). Virginia has the highest number of Inc. 500 companies per capita, with 4.5 per million residents, followed by Massachusetts (4) and Utah (3.7).

NextWeb`s business customers receive a carrier-class solution that offers more bandwidth at a much lower cost than alternative DSL or T1 services. It`s fixed-wireless Internet service is flexible and can be installed within a number of days, rather than the typical weeks or months with traditional carriers. It is also scalable, allowing companies to quickly and easily upgrade their bandwidth to meet their needs.
------------------------------------------------------------------

V.Mac

[arnouxx]

@V.mac

Leider nach wie vor sehr zäh unsere Covad. Ich lese ja nicht in diversen amerikanischen Bords, um ein wenig die Anlegerstimmung zu erfassen.

Mir geht es jedoch so, dass ich beim nächsten Anstieg wahrscheinlich aussteige. Vielleicht ein Fehler, aber die Aktie tut sich halt so schwer. Was mich vor allem stört, dass Covad maximal 2 Tage aufwärts geht, um dann gleich wieder abzutauchen. Da investiere ich doch lieber am heimischen Markt.

[V.Mac]

ist schon komisch, einer der drei Analysten, die COVD beobachten, nämlich Kaufman Brothers, haben Covd von Kaufen auf halten zurückgestuft, und was macht die Akie? Sie legt knapp 5 % zu. Seltsame Welt.

COVAD COMMUNICATIONS CUT TO HOLD AT KAUFMAN BROS.

naja, wenns dem Kurs hilft.....

V-Mac

[V.Mac]

zwei Meldungen der letzten Tage, ohne weiteren Kommentar (vorerst?)

Covad Selects Redback Networks to Expand Nationwide DSL and VoIP Services; Leading Provider of Broadband Voice and Data Communications Chooses Redback`s SmartEdge Service Gateway to Support Network Growth
MONDAY, NOVEMBER 07, 2005 7:45 AM - BusinessWire

SAN JOSE, Calif., Nov 07, 2005 (BUSINESS WIRE) -- Redback Networks Inc. (RBAK) , a leading provider of next-generation broadband networking systems, today announced that Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, has selected Redback`s SmartEdge(R) Service Gateway platform to increase its existing network capacity and resiliency to support next-generation services, such as residential high-speed internet access and business-class VoIP across the country.

With plans to aggressively expand DSL and VoIP services, Covad wanted to evolve its existing network infrastructure to more effectively offer voice and data services over a single, converged network infrastructure. In addition, Covad selected Redback`s SmartEdge platform for its scalability, high availability, and quality of service (QoS) capabilities. As Covad, with a network that reaches more than 50 percent of homes and businesses across the country, grows its broadband subscriber base, the ability to better manage customers over its converged network has become extremely important. The SmartEdge Service Gateway platform allows Covad to improve operational efficiencies by integrating the functions of ethernet aggregation, edge routing and subscriber management.

"Redback Networks` reliable and scalable SmartEdge platform helps grow our network into the next-generation of business and residential VoIP services," said Steve DeRodeff, vice president, broadband technologies at Covad. "The SmartEdge also provides us with the flexibility to investigate future network expansions such as WiMAX subscriber aggregation and MPLS VPNs session control."

By leveraging the QoS capability inherent in the SmartEdge platform, Covad is able to manage and deliver multiple services through a single broadband connection. Covad can also dynamically adjust network and QoS for new and existing customers through the SmartEdge Service Gateway platform`s subscriber awareness capability. This allows Covad to better manage individual subscriber services while enhancing the overall user experience.

"We are excited to implement the SmartEdge platform as an integral piece in Covad`s network architecture to enable the roll-out of next-generation services and reduce operational costs," said John Spiliotis, vice president of sales and operations for the Americas at Redback Networks. "Covad has successfully utilized Redback`s technology to maintain a competitive edge in the IP broadband market."

In addition to providing network capacity and enhanced availability for new broadband services and subscribers, Redback`s SmartEdge platform provides the much needed resiliency for smooth delivery of business-class VoIP over Covad`s network.
--------------------------------------------------------------------------------------------------------------

Covad Communications Recognized with Multiple Excellence Awards by INTERNET TELEPHONY(R) Magazine; Covad Selected as Best Hosted VoIP Provider, Best SMB Provider, and Top 100 VoIP Provider
THURSDAY, NOVEMBER 03, 2005 1:24 PM

SAN JOSE, Calif., Nov 03, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , announced today that INTERNET TELEPHONY magazine named Covad as the Best Hosted VoIP Provider, Best SMB Provider, and Top 100 VoIP Provider at last week`s INTERNET TELEPHONY Conference and Expo Fall 2005 in Los Angeles.

Covad was distinguished with three separate awards for its continued excellence in business-class VoIP. The Service Provider Awards were bestowed based on data collected from a variety of sources including TMC editorial staff, International Packet Communications Consortium (IPCC) executives, and the readers of INTERNET TELEPHONY magazine, and identified truly market-driving VoIP communications providers.

"These awards are not only an honor but they also differentiate Covad VoIP services within the telecom industry," said Charles Hoffman, president and chief executive officer for Covad. "The Covad team has worked diligently to deliver business-class VoIP service nationwide and we are pleased to see our efforts recognized."

"Covad has proved that its VoIP technology and services are innovative and unique in the rapidly growing VoIP industry. Covad deserves this great honor for creating a ground-breaking nationwide VoIP service," said Rich Tehrani, Group Publisher and Editor-in-Chief of INTERNET TELEPHONY. "I look forward to seeing further innovation from Covad as they continue to contribute to the future of the VoIP/IP telephony marketplace."

The INTERNET TELEPHONY 2005 Excellence Awards highlights will be published in the December, 2005 issue of INTERNET TELEPHONY magazine

------------------------------------------------------------------------------------

V.Mac

[Buddah]

nette Insiderkäufe.
http://www.sec.gov/Archives/edgar/data/1043769/0001199749050…

[arnouxx]

Schöne Insiderkäufe und gute Meldungen zu COVAD. Aber momentan will keiner kaufen, obwohl das Umfeld wirklich nicht schlecht ist. Es ist einfach zum Kot...

Meine einzige negative Aktie im Depot (zum Glück keine große Position). Ich verkaufe jetzt auch nicht mehr, aber zum Nachkaufen habe ich auch keine Lust mehr. Mich ärgert nur der totale Abverkauf trotz der eigentlich guten Nachrichten und Aussichten. Hoffentlich dreht die Stimmung bis Ende des Jahres. Ansonsten wird der Verlust zur Steuerminimierung realisiert. Danach habe ich von US-Aktien erst einmal genug. Hier fehlt mir einfach das gute Händchen. Wer hat denn von euch noch die Looser-Aktie im Depot?

[V.Mac]

na ich.....

aber irgendwann mal wird es die WINNER-Aktie sein... und dann werde ich mich endlich freuen.

Zur Zeit freue ich mich nicht wirklich, da rund 65% Minus stehen. Aber ab ca. 2,10 € bin ich pari, und das kommt mal wieder, nur wann ist die Frage.

V.Mac

[stephi06]

... ich bleibe auch dabei. Weiß der Henker was mit dem Teil im diesem Jahr los ist trotz anscheinend vielversprechender Nachrichten. Wie es aussieht, haben einige mehr Infos als unsereins. Mit Nachkaufen halte ich mich allerdings auch zurück da mein Durchschnitt nah bei 1€ liegt. Ich habe nach wie vor Hoffnung das die Aktie "in naher Zukunft" wieder dreht. Schau`n mer mal ...

[arnouxx]

COVAD ist unter AMEX gelistet. Hier können ein paar große Teilnehmer den Kurs leichter nach Belieben beeinflussen.

Die Nachrichten und Aussichten sind positiv - trotzdem soll der Kurs scheinbar im Moment unten bleiben, um möglichst viele kleine Anleger abzuzocken.

Ich bleibe bis Ende des Jahres dabei. Wenn bis dahin keine Besserung erkennbar ist, raus damit. Wenn ich jetzt aussteige, geht der Kurs 3 Tage später garantiert steil nach oben. Allein deswegen müsst ihr euch bis Jahresende gedulden.

[V.Mac]

@335:

dann steige halt schon mal kurz aus und kaufe dann gleich wieder.....ich würde es dir danken. Aber was solls, bis Weihnachten hab ich auch noch Zeit (Weihnachten 2015 oder so..)
Auf alle Fälle habe ich noch mal nen Miniauftrag in Frankfurt gestellt, müßte morgen aufgrund des US-Kurses natürlich durchgehen, da werde ich dann wieder an meinem Limit vom Makler bedient und er kauft billiger in USA zurück oder so. Da es aber eh nur um ein paar Euronen geht, solls mir wurscht sein.

Auf alle Fälle gibts ne Änderung in der Führung, es kommt ein wohl erfahrener Mann als Finanzchef ans Ruder, der erst im Mai 2005 wbei Covad eingestiegen ist.

Covad Appoints Chris Dunn as Chief Financial Officer
THURSDAY, NOVEMBER 10, 2005 8:00 AM - BusinessWire

SAN JOSE, Calif., Nov 10, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, today announced the promotion of Chris Dunn to Chief Financial Officer. He replaces John Trewin who is leaving to pursue other opportunities. Mr. Dunn`s promotion is effective immediately.

Mr. Dunn joined Covad in May of 2005 as Vice President of Financial Planning and Analysis. He brings to Covad 12 years` financial, venture capital and operational experience with a strong background in business development, corporate finance and mergers and acquisitions.

Prior to joining Covad, Mr. Dunn served as COO and CFO at Santa Cruz Networks, a venture-backed communication services company focused on developing real-time, on demand communications services, including data, voice and video. While at Santa Cruz Networks, Mr. Dunn was instrumental in reducing operating expenses, growing revenue and recapitalizing the company.

Dunn has held financial management positions in the technology, energy, and financial services industries, most notably with Pacific Venture Capital, PG&E and GE Capital.

"We appreciate the work John has done for Covad, particularly his work in continuing the improvements in our internal financial processes. We wish him success in his future endeavors," said Charles Hoffman, president and chief executive officer of Covad. "Chris was our planned successor for the CFO position and I have every confidence that he will continue Covad`s financial discipline and play a key role in managing our financial affairs."
---------------------------------------------------------------------------------

Schöne Zeit und bis 5€€€

V.Mac

[arnouxx]

@V.Mac und Stephi06 - Mögliche Szenarien

Für mich gibt es 2 denkbare Szenarien zu Covad kurzfristig.
1. Covad steht kurz vor der Insolvenz und wie immer gibt es einige, die bereits jetzt hiervon Kenntnis haben. Bei diesem Szenario und täglich etwa 4 Cent Kursverlust haben wir in ca. 18 Tagen die 0 erreicht und das war’s. Persönlich kann ich mir das nicht vorstellen, weil die Nachrichten und die letzten Insiderkäufe dagegen sprechen. Wie ist eure Meinung hierzu?
2. Covad fällt bis zum nächsten Support bei 0,54. Der Support wurde Ende Februar bis Anfang April 2003 bereits getestet. Bei den täglichen Abschlägen haben wir dieses Ziel in 3-6 Börsentagen erreicht. Dann haben wir eine sehr volatile Seitwärtsbewegung im Bereich 0,54 bis 0,80 über vielleicht 10 Wochen (vergleiche 2003), um anschließend in sehr kurzer Zeit (ca. 2 Wochen) wieder deutlich über 1$ zu klettern. Dieses Szenario halte ich für sehr wahrscheinlich. Bisher hat der Kurs nicht auf positive Nachrichten reagiert. Somit gehe ich davon aus, dass hier größere Teilnehmer die Aktie entsprechend beeinflussen und dementsprechend profitieren. Letztendlich ist Charttechnik jedoch sehr fraglich bei solchen Werten.

Ich würde mich natürlich freuen, wenn der Rebound viel schneller kommen würde und wir nicht 10 Wochen und mehr warten müssen. Bei Wapme (bin hier jedoch zum Glück nicht investiert, ein Pennywert genügt mir) kam gestern auch der Rebound von 0,63 auf 0,75 €. Deswegen verkaufe ich jetzt auch nicht mehr, weil eigentlich täglich die Gegenbewegung kommen kann. Auch wenn der gedachte Support erst bei 0,54 liegt.

[V.Mac]

damit man mal sieht, was du in Schrifform ausdrückst, will ich das Bild mal nachliefern bzw. den dazugehörigen Link:

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?s…

V.Mac

[stephi06]

Also an eine Isolvenz kann ich einfach nicht glauben. Da war man vor Jahren viel näher dran und außerdem liegen noch über 100 Mio. $ Cash rum. Ich stimme eher der zweiten Version zu und werde wohl in den nächsten Tagen vielleicht nochmal nachkaufen, warte aber erst mal ab wie sich der Kurs weiter bewegt. "Nur" die Ziele halbwegs einzuhalten reicht aktuell für eine Firma nicht, die noch keine Gewinne macht - so scheint mir. Die "Überraschung" mit den den Erwartungen übertreffenden Zahlen fehlte in den letzten Quartalen. Darauf müssen wir halt noch etwas warten ...

[atitlan]

aus dem Yahoo Covad board


From: "drcrovatt" <Mcrovatt@...>
Date: Sat Nov 12, 2005 3:30 am
Subject: Response from IR drcrovatt
Send IM
Send Email

One of my staff members "Jerri" wrote IR and received this response.


Hello Jerri-

Thank you for your email.

I assure you that management is concerned about the stock price as well.

We are working hard to correct the decline, unfortunately, there is no quick fix. Quite simply, we MUST execute on our business plan. This includes driving revenue and cutting costs as well as reaching EBITDA profitability and cash flow positive by mid-point and year end 2006 respectively.

I can only speculate that the Street is taking a "wait and see" approach in regards to our profitability milestones. In the meantime, we`re trying very hard to return some shareholder value to your investment.

Looking ahead, our Q4 guidance for EBITDA loss reflects a smaller loss-a trend we`re expecting to continue.

I hope this information helps and I thank you for your continued patience. As always, if you have any questions, please don`t hesitate to contact me.

Robert Dougherty
Covad Communications
Investor Relations
[phone]


-----Original Message-----

From:
Sent: Thursday, November 10, 2005 7:53 PM
To: DL Investor Relations
Subject: Stock Price

Why is the stock price spiraling downward rapidly?! What are you doing as a company to protect your stockholders? This is ridiculous! You

performed better in share price as a penny stock. I am very disappointed

in this company`s inconsideration of its stockholders. I have lost so much money in my IRA I can`t sleep at night. I would appreciate a response.

[V.Mac]

Wenns denn eine echte Mail und deren Antwort ist, ist das so wie ich es auch erwartet habe und ja auch in Nr. 339 bereits gesagt wurde.

Momentan bleibt wirklich nur Hoffnung auf besser als erwartete Zahlen, um wirklich vor dem effektiven Erreichen der Profitabilität eine deutliche Trendwende im Kursverlauf zu sehen.

Aber unter der Voraussetzung, dass der vorhandene Cash langt und wir wirklich bis Ende 2006 positive Ergebnisse sehen und nicht weitere unvorhergesehene Kosten auftauchen, ja dann muss der Kurs doch einfach steigen.

Das ist zumindest meine Hoffnung. Also ist es auch aus meiner Sicht (wenn die Hoffnung da ist) auch gerade der richtige Zeitpunkt, um kostengünstig seine Aktienanzahl aufzustocken. Ich habs zumindest noch mal mit einigen wenigen Stücken gemacht.

V.Mac

[arnouxx]

Unsere Covad hat ja mal so etwas wie eine kleine Reaktion gezeigt. Vielleicht ist der Boden doch schon bei 0,71 gefunden!

Ich glaube aber, dass es dann einige Wochen in einer Seitwärtsrange weitergehen wird, bevor größere Anstiege denkbar sind. Ein Anstieg auf über 7 wie im September 2003 wäre natürlich ein Traum. Aber wer bleibt schon bis zum Hochpunkt investiert, wenn man gut im Gewinn liegt?

[atitlan]

Fidelity besitzt 24 mio Aktion Covad!
Institutionelle Anteil hat zugenommen bis 19%

http://www.nasdaq.com/asp/Holdings.asp?symbol=DVW&selected=D…

[V.Mac]

so wie es gestern anfing, geht es heute ja weiter. Was mich auch etwas wundert, aber auch freut.

Ausserdem noch ne neue Personalie:

Lisa Hook Joins Covad Board of Directors
TUESDAY, NOVEMBER 15, 2005

SAN JOSE, Calif., Nov 15, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, today announced that Lisa Hook has joined its Board of Directors.

"Covad is honored to have Lisa Hook serve on our Board of Directors. She brings to Covad a great deal of knowledge and insight into next-generation broadband communications and we think her leadership skills will be a valuable asset to our company," said Charles Hoffman, president and chief executive officer of Covad.

"Broadband innovation will be a key driver in the telecommunications industry for years to come," said Hook. "I look forward to working alongside Covad as they continue to deliver services that help the business market to keep a step ahead."

Hook recently retired from AOL where she was President of AOL Broadband, Premium, and Developer Services. In that role, she led the development, launch and marketing and operation of AOL`s Broadband service, from under 300,000 subscribers in April 2002 to over 5 million subscribers as of December 31, 2004. In addition, Hook started the Company`s Premium Services Business, driving that group from start-up in early 2003 to over 2 million subscribers as of December 31, 2004. Hook`s earlier roles at AOL included launching AOL`s wireless and building the voice services businesses.

Prior to joining AOL, Hook was a partner at Brera Capital Partners LLC, a private equity firm focused on investing in media and telecommunications. Hook also has served as Executive Vice President and Chief Operating Officer and as a director of Time Warner Telecommunications and later was Vice President of Time Warner, Inc. managing various telecom-related transactions and operating matters.

Earlier in her career, Hook served as Legal Advisor to the Federal Communications Commission Chairman. Before that, she served as Senior Attorney at Viacom International Inc., where she oversaw the legal department of Viacom`s cable division. Hook was also an associate with the law firm of Hogan & Hartson in Washington.

Hook is also a member of the Board of Trustees of the National Public Radio Foundation. Hook has a bachelor`s degree from Duke University in North Carolina and a Juris Doctor from The Dickinson School of Law in Pennsylvania.
-----------------------------------------------------------------------------------------

wenn´s dem Kurs hilft....

V.Mac

[arnouxx]

Mal sehen, ob die 0,71 als untere Grenze halten.

Momentan laufen aber die bekannten US-Werte so gut, dass niemand in solche Aktie wie COVAD investieren möchte. Hier wird es wahrscheinlich erst wieder interessant, wenn die bekannten Aktien stocken oder gar abgeben.

[atitlan]

Schon zum sechsten Tag in Folge $0,75. Ist doch ganz fremd für ein normalerweise sehr volatile Aktie.
Scheint als ob die Kurs kontrolliert wird.

[atitlan]

Jack Pot!
It`s in the cards: vendors and solution providers involved in hosted VoIP services will see big-time rewards

By Jennifer Hagendorf Follett, CRN


http://www.crn.com/sections/cisco/cisco.jhtml?articleId=1744…

Ein Teil aus dem Artikel:

...

Now Single Path, a Cisco IP telephony partner, is bringing in
millions in revenue selling services from Covad Communications
Group, San Jose, and GeckoTech, a regional player based in Chicago.
Over the past 12 months, Single Path has increased its staff by 20
percent, adding personnel in sales, project management, engineering
and training, all to support its growing hosted VoIP opportunity,
Briggs said.

...

NetTeks Technology Consultants is targeting a small number of
customers with 25 users or fewer with hosted VoIP services from
Covad, said Ethan Simmons, partner at the Boston-based solution
provider. "We`re working with it for customers that have many small
sites or remote salespeople that need something they can get up
quickly and don`t want to invest in the infrastructure," NetTeks`
Simmons said.

NetTeks is one of a number of partners that Cisco has encouraged to
consider partnerships with Covad, which has built its infrastructure
on Cisco gear.

While on the surface it might seem counterintuitive for a provider
of premise-based VoIP equipment to encourage its partners to add
hosted VoIP to their portfolios, Cisco sees the strategy as a means
for partners to fill out their offerings to meet a full range of SMB
customer needs, said Peter Alexander, vice president of global
commercial marketing at Cisco. And, of course, if the service
provider itself has standardized on Cisco equipment in its
infrastructure, the vendor is still getting a piece of the pie.

[atitlan]

EarthLink at Credit Suisse First Boston Annual Technology Conference (Replay)

Covad wurde 3x genennt. (ua VOA rollout / Q&A Frage über buy out Wert von Covad)

http://phx.corporate-ir.net/phoenix.zhtml?p=irol-eventDetail…

[arnouxx]

Der Boden scheint bei COVAD gefunden zu sein. Die Bodenbildungsphase wird wahrscheinlich 6-8 Wochen andauern. Bisher haben wir 4 Wochen geschafft. Somit rechne ich für dieses Jahr noch mit keinen Sprüngen nach oben.

Januar 2006 könnte die Aktie jedoch wieder in einen schönen Aufwärtstrend übergehen. Die Meldungen sind eigentlich alle positiv und zeigen, das COVAD immer besser ins Geschäft kommt. Zumal 2006 erstmals schwarze Zahlen kommen sollen. Somit hat die Aktie meiner Meinung nach 2006 gutes Aufwärtspotential .

[V.Mac]

das sehe ich ähnlich bzw. wünsche es mir auch so. Ob es jetzt noch zum Jahresende oder erst Februar/März ins Laufen kommt, ist letztendlich wurscht, da die Aktie ja eh` rauf muss. :-))

Als absolut wichtig erscheint mir natürlich, dass Covad tatsächlich die Profitabilität erreicht.

Als erste Hürde wäre mal die 1,50 USD wieder zu nennen. Und wenn wir die dann haben, ja dann.........Richtung 4 und 6 und dann 10 USD ???

Schade, gerade wieder aufgewacht...

V.Mac

[V.Mac]

also irgendwie verstehe ich das alles nicht. Da kommt eine Marktstudie über VOIP-Anbieter, Covad wird als die Nr. 1 dargestellt und der Gesamtmarkt soll sich bis 2009 verzehnfachen, aber der Aktienkurs von Covad fällt.....Sollte man da noch mal kaufen, um vom Anstieg, der ja kommen muß, zu profitieren?


In-Stat Names Covad Market Leader Among Hosted VoIP Providers; Covad`s 28 Percent Share Good for Number One Ranking in Market
FRIDAY, DECEMBER 16, 2005 8:00 AM - BusinessWire

SAN JOSE, Calif., Dec 16, 2005 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, was named the market leader among hosted VoIP providers for business by In-Stat, an independent research group, in a just-released report entitled, "Steady Growth Ahead for Hosted VoIP Solutions." Covad`s 28 percent market share led all providers targeting business customers, including MCI, SBC, PingTone, M5 and others.

"This report demonstrates the tremendous potential of the hosted VoIP market," said David Lemelin, In-Stat senior analyst and the author of the report. "The primary drivers for this growing demand are both cost savings and the enhanced feature sets available from VoIP applications."

"Covad`s number one ranking is a clear indication that our innovative, business-class VoIP solutions are hitting a sweet spot for Covad`s target market of small and medium-sized businesses," said Tim Gaines, Covad senior vice president, Field Sales. "The value proposition delivered by our hosted VoIP service allows these companies to slash their telecom costs, reduce the hassles of maintaining their own systems, and improve employee productivity."

In the hosted VoIP model, the customer does not have to purchase and maintain an on-site PBX. Instead, the provider "hosts" the equipment and offers high-speed Internet access, local and long-distance calling, and many advanced calling features like "find me, follow me" and "visual voice mail."

"The net effect is a much more comprehensive voice and data solution than a typical small or medium sized business would otherwise be able to afford or use. They get the benefits of big company communications capabilities without the cost and complexity," said Gaines.

Covad offers two hosted VoIP alternatives. Covad VoIP vPBX voice service delivers feature-rich, integrated local, long distance, and high-speed Internet access communications all over one fully managed network connection. Covad VoIP PBXi Voice Service offers the benefits of VoIP to businesses that want to retain their existing on-premise phone systems.

In-Stat`s report projects that the market for hosted VoIP services will grow more than ten-fold over the next four years to $1.27 billion by 2009.

"Covad was one of the earliest entrants in the hosted VoIP market and our aggressive expansion has laid the foundation for Covad`s continued success," said Gaines.
----------------------------------------------------------------

V.Mac

[arnouxx]

@V.Mac

Nach dem Kursverfall sind viele Anleger verunsichert und warten daher noch. Da auch ich bisher nur über eine kleine Stückzahl verfüge, möchte ich gleichfalls nachkaufen. Aber wie wahrscheinlich viele will ich auch abwarten, wo sich der Kurs stabilisiert und erst dann nachkaufen. Volumenmäßig könnte es gestern (19.12.05) der letzte Abverkauf gewesen sein. Auch chartmäßig sieht es so aus, als ob wir vor einer Trendwende stehen.

Generell bleibe ich dabei: Wir sind in einer Bodenbildungsphase und werden erst Anfang 2006 wieder steigen. Kein Insti wird sich Covad noch 2005 ins Depot holen. So wie wir bisher einen erkennbaren Abwärtstrendkanal hatten, wird es dann hoffentlich auch wieder anders herum sein. Hierzu müssen wir nachhaltig 0,85 überwinden.

Die absoluten Performer sind auch immer die Marktführer. Und hier liegen wir ja mit Covad an der richtigen Stelle, wie deine aufgeführte Studie beweist.

Ich wage mal eine Prognose für 2006:

Aufwärtstrend ab Januar 2006. Bis Ende März 2006 liegen wir wieder über 1 US$ je Aktie. Dann wird es wieder eine längere Seitwärtsphase geben. Ende 2006 bekommst du 2 US$ für eine Covad-Aktie. Wer somit jetzt investiert, hat Ende nächsten Jahres ca. das 3-fache. Wir können dann gern gemeinsam eine Flasche Champus genießen. Die kommenden 2 bis 3 Wochen werden jedoch noch trist werden.

[V.Mac]

ich hab da noch was irgendwo im Hinterkopf. Ist es in den USA nicht so, dass, wenn der Aktienkurs ne gewisse Zeit unter USD 1 bleibt, dann wieder eine Abstufung in den OTC erfolgt? Gilt das auch für die AMEX oder ist das nur für Nasdaq? Ich könnte es mir zwr raussuchen, aber so gehts ert mal einfacher (für mich). Wenn jemand die Regularien weiss, bitte kurz hier einstellen.

V.Mac

[arnouxx]

@V.Mac

Bei den Regeln kenne ich mich auch nicht aus. Aber zu den Fakten:

Die Nachrichten der letzten Wochen waren alle recht positiv. Auch soll 2006 ein ausgeglichenes Ergebnis oder ein leichter Gewinn erzielt werden. Bitte melde dich, wenn du andere Informationen hast.

Der Boden bei 0,71 USD hat leider nicht gehalten. Eigentlich wollte ich hier nachkaufen, habe aber zum Glück noch nicht zugeschlagen. Der Abverkauf hängt meiner Meinung damit zusammen, dass viele Teilnehmer mit den Verlusten die Gewinne der anderen Aktien ausgleichen, um Steuern zu sparen. Im Gewinn dürfte wohl kaum jemand liegen. Da das Jahr nur noch 7 Handelstage hat, ist die Zeit für Verlustrealisierung nicht mehr lang. Mit Januar 2006 rechne ich daher mit einem entsprechenden Anstieg, ohne hier Zweckoptimismus verbreiten zu wollen.

Aus diesem Grunde werde ich ab heute ein Abstauberlimit am unteren Trendkanal in den Markt legen (heute bei 0,59 USD). Wenn ich mit dem Abstauber bis Ende des Jahres nicht mehr hinein kommen, werde ich zwischen Weihnachten und Silvester auf alle Fälle zu den Tiefstkursen nachkaufen. Denn ich rechne stark mit einem Aufwärtstrend ab Januar und die Verlustrealisierung zur Steuerminderung für 2005 ist ab 1.1.2006 hinfällig.

Es ist einfach zu reizvoll: Immer nachdem Covad einige Wochen im Pennybreich lag, gab es kurz darauf einen fulminanten Anstieg. Beim letzen Mal hat der starke Anstieg auf bis zu 7 USD gerade einmal 9 Wochen gedauert.

[stephi06]

Kleiner Auszug aus "Tradwire - Trents&Stories" - zum Aufmuntern

"Wie finde ich am besten Werte, die vom Januareffekt profitieren könnten?

Suchen Sie nach Aktien mit geringer Marktkapitalisierung, bei deutschen Werten z.B. aus dem SMAX oder MDAX, bzw. in den USA aus dem Russell 2000, S&P MidCap 400 oder S&P SmallCap 600. Die Werte sollten seit Mitte Oktober mehr als 20% an Wert verloren haben, auch eine Auswahlmöglichkeit nach Verlusten von mehr als 20% in den ersten drei Dezemberwochen (=> erhöhtes Risiko!) ist möglich. Engagieren Sie sich bereits in den ersten fünf Tagen des neuen Jahres und zögern Sie nicht vor Gewinnmitnahmen, denn die Dauer des Kursanstiegs ist häufig zeitlich begrenzt und vermindert sich oft bereits zum Ende des Monats deutlich."

Also mit den 20% können wir ja locker mithalten. Ich glaube, wir bräuchten aber eher sowas wie einen Quartalseffekt oder besser einen Halbjahreseffekt.

Wir schon werden. Frohe Weihnachten.

[stephi06]

Also, geht doch. Allerdings habe ich keine Ahnung, um welche finanziellen Dimensionen es sich bei der Einigung handelt. Hat jemand eine ungefähre Annahme? Der Börse zufolge ging es um einiges ...

Covad, Verizon and MCI Announce a New Relationship
SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 28, 2005--Covad (AMEXVW) and Verizon (NYSE:VZ) today announced a comprehensive settlement agreement that resolves all pending litigation and disputes between them. The agreement includes the dismissal of both Covad`s pending antitrust case against Verizon, and a separate suit that Verizon had filed against Covad. The settlement provides a full resolution to all billing disputes.

A related agreement also expands Covad`s existing commercial line sharing agreement to enable Covad to provide its xDSL services over lines being used by resellers of Verizon`s voice services. "We are pleased to be able to expand our existing wholesale relationship with this highly valued customer," said Virginia Ruesterholz, Verizon`s President -- Wholesale Markets.

Separately, Covad and MCI entered into an agreement under which Covad will be a preferred provider of local access and network services to MCI`s DSL business customers.

"These agreements build a new, positive relationship with Verizon," said Charles Hoffman, Covad president and CEO. "MCI has been a valued customer and vendor to Covad for many years. The agreements we are announcing today provide an exciting opportunity to grow our business with the combined companies upon closing of the MCI acquisition. MCI has a substantial customer base outside of Verizon`s local footprint."

"We look forward to a continuing relationship with Covad as a valued supplier and customer to MCI," said Randal Milch, Senior Vice President and Deputy General Counsel of Verizon. "We are also pleased to begin this new chapter in the Covad-Verizon relationship."

Financial terms of the agreements were not disclosed.

[laab]

+38% in USA/AMEX bei über 5,5 Mio.Stück und bei uns furzt keiner......bis jetzt.
V.Mac bitte News

[V.Mac]

So ein verspätetes Weihnachtsfest, das kommt wirklich gut.

Was steckt dahinter? Die Meldung hat stephi06 ja schon eingestellt.

Wie sich das finanziell auswirkt und was letztendlich dabei für Covad rauskommt, wird sich in den nächsten Tagen zeigen. Da kommt bestimmt noch ne Meldung dazu. Ansonsten muss ich mir halt mal die Mühe machen und in den alten Meldungen nachlesen, ob Covad schon ne Aussage zu dem bisherigen Disput getroffen hat.

Soweit ists das erst mal für jetzt.

Schönen Feierabend noch, wo´s doch heute so schön ist...

V.Mac

[laab]

Habe wohl (nicht mehr) genau gelesen.
Danke V.Mac.
Das ist wohl der Kern:
We look forward to a continuing relationship with Covad as a valued supplier and customer to MCI," said Randal Milch, Senior Vice President and Deputy General Counsel of Verizon. " We are also pleased to begin this new chapter in the Covad-Verizon relationship.

Freut mich ganz besonders.Habe vor ein paar Tagen noch einmal den Einstandskurs deutlich verbilligt unter dem Motto hop oder .........

Schönen Feierfreudenabend.

[arnouxx]

Heute Abend kurzer Blick auf Covad und eine grosse Überraschung. Habe vor Weihnachten zu 0,66 USD glücklich nachgekauft (Durchschnitt jetzt 0,79 USD). Eigentlich wollte ich morgen nochmals zukaufen, nachdem ich mir sicher war, dass der Kurs nicht weiter unter 0,65 USD fällt. Somit habe ich zum Teil Glück gehabt, den Nachkauf kann ich mir zu den Kursen jedoch ersparen.

Ich hoffe, dass Covad sich jetzt über 1 USD festsetzt und der Push heute keine Eintagsfliege war.

Welche Dimensionen der Deal hat, ist mir jedoch auch nicht bewusst. Trotzdem glaube ich, dass die nächsten Monate sehr gut für Covad laufen. Auf zu 7 USD

[V.Mac]

bei mir liefs ähnlich, habe auch zu 0,59 € noch ein paar Stück nachgekauft, bei ca. 1,30 € habe ich dann auich zumindest mein Geld wieder...Aber 1,30 ist nicht mein Ziel.

Die Meldung des gestrigen Tages noch mal, diesmal in verständlichem Deutsch:

Die Covad Communication Group Inc. (ISIN US2228142046/ WKN 918421) hat mit der Verizon Communications Inc. (ISIN US92343V1044/ WKN 868402) einen Vergleich in allen zwischen beiden Konzernen laufenden Gerichtsverfahren geschlossen. Damit wird sowohl das von Covad gegen Verizon eingeleitete Wettbewerbsverfahren als auch das von Verizon gegen Covad angestrengte Verfahren bezüglich falscher Gebührenabrechnungen eingestellt. Des Weiteren wurde ein zwischen beiden Anbietern bestehendes Line-Sharing Abkommen erweitert. Künftig werden von Covad angebotene xDSL-Serviceangebote auch über das Zwischenhändlernetz von Verizon Communications vertrieben. Des Weiteren hat Covad Communications mit der Telefongesellschaft MCI Inc. (ISIN US5526911079/ WKN A0BMK0) ein Abkommen über Zugangs- und Netzwerkserviceangebote für die DSL-Geschäftskundensparte von MCI geschlossen. Finanzielle Einzelheiten der jeweiligen Verträge wurden nicht veröffentlicht.
---------------------------------------------------------------------

Was aus meiner Sicht auch nicht unerheblich ist, ist der vorletzte Satz, dass nämlich auch mit MCI eine Vereinbarung getroffen wurde.

Schönen Tag noch

V.Mac

[V.Mac]

Prosit Neujahr.

Covad 2006 ist so spannend wie Covad 2005.....

All denen, die ausser mir noch leiden müssen, ein 1000%iges Covad - Jahr.

Stay tuned.....................


Will eventuell jemand wissen, wann ich Covad ad akta lege? Bei Eurokursen über 10 kann man davon ausgehen. Wenns bis dahin kommt, fahre ich dann mit ziemlicher Sicherheit eine Dodge Viper.

Ich weiss, solche Aussagen sind nicht sonderlich beliebt, aber irgendwann muss man sich zu seinem Hobby bekennen...... schnelle Frauen und geile Autos.... oder war es andersrum???

Ich werde mich auf jeden Fall bemühen, immer aktuell zu sein, und auch soweit ich es beeinflussen kann, möglichst schnell alle wichtigen Meldungen einzustellen.

Deshalb (in meinem und hoffentlich auch eurem Interesssse) ein erfolgreiches Börsenjahr 2006.

V.Mac

[laab]

@V.Mac

1000% reichen auch für mich. Nur wirds eine AC Cobra.Und es reicht auch noch für die vielen Gallonen.....

Danke noch mal für die immer aktuellen News und ein gutes neues Jahr.
laab

[neuling3456]

hallo

hab ein frage zu wimax.
welche aktien gibt es auf den markt die die wimax infrastruktur anbieten?

vielen dank im voraus

[arnouxx]

V.mac und euch Allen auch ein Super Neues Jahr.

@V.mac - Die 10 EUR sind ja noch ein kleines Stück entfernt, aber man soll schliesslich ein Ziel haben. Ich komme dann zu einer Probefahrt vorbei oder du düst mal zu mir nach Berlin mit dem neuen Wagen.

Aktuell sehe ich Covad im Bereich 0,85 bis ca. 1,50USD. Die O,85 war der bisherige Wiederstand und sollte jetzt als Support gelten. Hier könnte man auch nochmals nachkaufen, wenn der Support hält. Die 1,50 auf der Oberseite sind schon noch etwas weit weg, aber bis hier sehe ich kurzfristig Kurspotential. Wenn Covad wirklich die 1,50 erreicht, sollte es erst einmal einige Wochen seitwärts gehen bzw. wieder etwas abgeben. Erst hiernach sehe ich Chancen auf Kurszuwächse über 3 oder 5 oder auch 10 EUR.
Die 10 EUR sind jedoch nur plausibel, wenn Covad eine schwarze Null schreibt und weitere Gewinne in Aussicht sind. Momentan sieht es hier noch nicht so gut aus. Die Konkurrenz ist auch sehr stark, weshalb auch die Gewinnmargen nicht sehr hoch sind. Inwieweit man hier alles mit Wachstum begründen kann, ist somit fraglich.

Auf ein Neues!!!

[V.Mac]

Vielen Dank für die Neujahrswünsche.

Zur Wimax-Frage: leider kann ich da nicht viel helfen habe aber beim kurzen gooogeln zumindest eine Seite enteckt, auf der auch weitere Links angegeben sind. Möglicherweise kann man daraus schlauer werden. http://www.wimax-coburg.de/

Back to Covad:

Heute scheint es wieder etwas besser für uns auszusehen, möglicherweise sind die schnellen Gewinnmitnahmen vorbei.

Ich habe da noch was aus dem Jahr 2005 gefunden, da wird der rasante Anstieg des Aktienkurses kommentiert. Ich glaube, dass die Punkte wohl (leider) recht realistisch sind, besonders was den Wettbewerb angeht. Allerdings teile ich nicht die Meinung des Autors von seinem letzten Satz. Ich stell´s mal ein.

Covad`s Stock Goes High-Speed
By Tom Taulli
December 29, 2005

In the tech world, lawsuits may actually be a way to get both the sparring companies to strike a strategic alliance. Back in October, RealNetworks (Nasdaq: RNWK) settled its antitrust suit with Inside Value pick Microsoft (Nasdaq: MSFT). But that wasn`t all -- the companies also announced a deal in which Microsoft would promote RealNetworks` Rhapsody music service on MSN.com.

This week, we saw something similar happen: Covad (AMEX: DVW) settled its antitrust suit against Verizon (NYSE: VZ), and at the same time, Verizon said it was expanding its line-sharing agreement with Covad. The agreement allows more Verizon voice-service resellers -- like Covad -- to sell DSL services, and it also includes an expanded pact for line-sharing with MCI, which is a division of Verizon.

Such agreements are critical. After all, to provide DSL service, a company like Covad needs to use telco networks like those that Verizon provides. But even though this is a positive for Covad, the exact magnitude of the impact is difficult to ascertain, since the financial terms of the arrangement were not disclosed.

That lack of clarity didn`t stop investors from pushing Covad`s stock up 60%. But then again, Covad investors have had little to cheer about. After all, just a few years ago, the company was mired in bankruptcy. And Covad`s fundamentals are still worrisome. In the third quarter, the company sustained a loss of $15.8 million, or $0.06 per share, compared with a loss of $13.8 million, or $0.05 per share, in the same period a year ago.

It also can`t be overlooked that the high-speed Internet access market is fiercely competitive. Telcos aren`t the only players. Cable companies are in on the act. Municipalities are offering their own Wi-Fi services. Even electric utilities are beginning to provide high-speed access through their power lines, as seen in Income Investor recommendation TXU`s (NYSE: TXU) recent deal.

With such shaky financial performance, expect the recent surge in Covad`s stock price to be temporary. The best news for Covad shareholders would have actually been selling out to Verizon, not striking a partnership deal.

Bis die Tage.

V.Mac

[V.Mac]

noch mal zu Wimax: Die Mitgliedsliste gibts unter http://www.wimaxforum.org/about/roster/.
Ich habe noch mal über den erst genannten Link dahingefunden und auch unser COVAD-Baby als Mitglied gefunden. Insoweit hats ja sogar was mit unserem Thread hier zu tun :-)

V.Mac

[neuling3456]

Vielen Dank V. Mac

Bin der festen überzeugung das wird die technik überhaupt und wird DSL verdrängen

[V.Mac]

@ neuling

Das mit der drahtlosen Technik läuft meiner Meinung nach nur nebenher. Ich glaube nicht, dass sich die großen Telcos die Milliardeninvestitionen in moderne Leitungen und Glasfaserkabel in wenigen Jahren wieder "wegnehmen" lassen und dann in die Funktechnik weitere Milliarden investieren. Allerdings bin ich deiner Meinung, was Ballungsräume, große öffentliche Gebäude wie Flughäfen, Bahnhöfe usw. betrifft, da gibts ja zum Teil jetzt schon diese "Hotspots", wobei das wieder nur bedingt mit der Wimax-Technik zu tun hat.
Aber ich gehe da mal von mir aus: wenn ich die Wahl habe zwischen drahtgebundener Internetanbindung und der über Funk, dann die mit Telefonleitung. Man sollte auch nicht vergessen, dass immer mehr Leute auf den "Elektrosmog" aufmerksam werden und dies mit in ihre Entscheidungen einbeziehen werden.
Aber sicher werden erfolgreiche Provider in der Zukunft auch die Wimax-Technologie nicht ausser Acht lassen dürfen. Dies ist dann der Fall, wenn es um ländliche Gebiete geht, wo es sich (noch) nicht lohnt, neue Leitungen fürs DSL zu legen. Ich selbst komme aus so einer Region. Wir hatten in 2004 eine Infoveranstaltung von der Gemeinde und einem regionalen Anbieter, die unser Städtchen über die Wimax-Technologie ans Internet anbinden wollten. Kaum waren diese Pläne publik, hat es auf einmal bei der Telekom doch geklappt, uns DSL zur Verfügung zu stellen. Ich habe immerhin von 1998 bis 2005 warten müssen. Auf alle Fälle ist daduch der Wimax-Versuch gestorben, weil es preislich nicht so billig ging wie eben DSL über Telekom (oder andere Anbieter). Der Verdrängungsmarkt ist einfach hart.

Noch was zu Covad:

am 6.1.06 wurde das Coverage wieder aufgenommen, und zwar durch Needham, allerdings nur mit "HOLD". Wenn sie meinen....Habe mal die aktuellen Einschätzungen mit beigefügt.

Most Recent Analyst Recommendations

1/6/2006 Needham & Co. Hold Notes transition to VoIP.
10/31/2005 Kaufman Brothers Hold Buy Cites concerns over traction in VoIP business
4/6/2005 Jefferies & Co. Buy Hold Cites valuation; meanwhile, price target was cut to $1.50 from $2
2/11/2005 Thomas Weisel Partners Outperform


V.Mac

[atitlan]

Saturday, January 07, 2006

Penny Stock Pick - DVW

The penny stock we have noticed a lot of movement recently is the DSL and Voice-Over-IP service provider Covad Communication(DVW). The stock on Friday, January 6 got new coverage from Needham & Co. with a Hold recommendation. Although not a positive or negative rating, at least new analyst coverage should make this stock an intereting one to look at.

Looking at the 52 week technical chart, the stok has been on a continuous down trend but has recently been on a rally with MACD and KD both shown bullish sign. If the stock can continue go upward and break thru the pressure around $1.2 per share we should expect more positive movement of the stock. However one possible negative factor is that ROC indicator has shown the stock has been overbought.

Looking at the insiders, although we see employee selling the stock, major top executives such as CEO, CFO ,COO and Executive Vice President have all purchased the stock at the end of 2005. This should indates that the management team are optimistic about the future of the company.

From the financial statements, we are seeing increase on revenue and cash for the past three years as well as decrease in net loss. We haven`t seen the annual report of 2005 so the last quarter of 2005 should determine if the upward trend can continue or not.

Penny Stock Score (1~5) 5 is highest
1.News Buzz: 3
2.Technical: 4
3.Financial: 4
4.Market Potential: 3
5.Insider: 5

Recommendation: Strong Buy

http://pennystockpick.blogspot.com/2006/01/penny-stock-pick-…

[V.Mac]

heute gings ja noch mal schön rauf zum Schluß, die letzte halbe Stunde, und Schlusskurs = Tageshoch, das sieht doch nicht schlecht aus.

Aktuell USD 1,09. Damit sollten wir in D morgen auch Richtung 90 Eurocent steuern.

Schaun mer mal...

V.Mac

[arnouxx]

Hallo V.mac und Covad-Enthusiasten

Dafür, dass der Markt schwächelt, hält sich Covad diesmal ganz gut. Will hoffen, dass es so bleibt.

V.mac - gibt es wieder mal etwas neues?

[atitlan]

Es gibt eine neue Grossaktionär, Brightfield Capital mit
3,225 Mio.
Die Institutionellen halten jetzt schon 21%, vor ein halbes Jahr gerade 10%.


http://www.nasdaq.com/asp/Holdings.asp?symbol=DVW&selected=D…

[atitlan]

Es hat in letzter Woche auch ein weiteres Kaufempfehlung gegeben, von NEW YORK GLOBAL SECURITIES

http://earnings.nasdaq.com/earnings/analyst_recommendations.…

Mehr infos mit Bewertungsvergleich auch auf
http://www.beurszout.nl/Covad-watch.html
Covad scheint sehr billig bewertet.

[V.Mac]

Moin, moin

eine Meldung vom 19.1.06, ohne weiteren Kommentar.

Covad`s PBXi Plus Provides Affordable Business-Class VoIP and Broadband Bundle to Small Business Market
Thursday January 19, 8:50 am ET
Deal Announced with National Retailer Group USA


SAN JOSE, Calif.--(BUSINESS WIRE)--Jan. 19, 2006--Covad Communications Group, Inc. (AMEXVW - News), a leading national provider of integrated voice and data communications, has announced Covad VoIP PBXi Plus, a business-class offering aimed at small businesses and distributed enterprises with existing on-premise phone equipment.
ADVERTISEMENT


"Covad VoIP PBXi Plus gives Covad an affordable offering specifically tailored for the needs of small businesses and distributed enterprises with existing PBX or key telephone systems," said Dave McMorrow, executive vice president of sales and strategic alliances. "For Covad, this product offers a short sales cycle and easy customer implementation, and is particularly well suited for our existing high-volume channels. With PBXi Plus, Covad expands its addressable market to reach customers nationwide with an interest in premises-based VoIP solutions."

Concurrently Covad announced a major deal with Group USA, a national retailer of women`s clothing with 32 locations in 17 states and Puerto Rico.

"Group USA chose Covad VoIP PBXi Plus because it allows us to leverage our existing phone system investment while realizing a 25 percent monthly costs savings," said Mark Koda, chief financial officer for Group USA. "Covad`s voice and broadband gives us free calling between our locations, and much faster data communications between stores and headquarters."

Elka Popova, manager of the IP Communications and Enterprise Solutions groups at Frost & Sullivan, said about Covad`s VoIP offerings, "For small businesses and distributed enterprises, cost savings is the number one reason for choosing an integrated voice and data access service. Additionally, these companies may not yet be ready to adopt a fully-hosted VoIP solution, so integrated access is a good alternative."

Covad VoIP 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 customer cost savings of up to 55 percent. This product is based on the Covad hosted platform and supports both the features of the PBX system and some of its own, including new online management and configuration capabilities. Covad also offers a hosted business-class VoIP product, Covad vPBX, for customers who want the convenience and reliability of a fully-managed VoIP solution.

Covad VoIP PBXi Plus integrates easily into business phone systems because all the original handsets, phone numbers and equipment are retained. Full e-911 service is included.
--------------------------------------

V.Mac

[V.Mac]

wieder ohne Kommentar

CompUSA(R) and Covad Sign Deal to Offer Business-Class Broadband in 168 Stores Nationwide
WEDNESDAY, JANUARY 25, 2006 8:00 AM

DALLAS & SAN JOSE, Calif., Jan 25, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) 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.

V.Mac

[V.Mac]

Der Schluß in Amerika bei 1,13 gibt mir Hoffnung, das es doch wirklich bald mal weitergeht Richtung 1,50. Der nachbörsliche Kurs lag bei 11000 St. Umsatz sogar bei 1,17.

Relevante Meldungen habe ich keine gefunden, ist mir letztentlich aber auch egal, solange es nur rauf geht.

Schönes WE euch allen.

Stay tuned !!

V.Mac

[CovadFan]

Hallo,
Es gibt mal wieder gut Neuigkeiten:



EarthLink To Offer DSL, VOIP Service Through Covad



By Riva Richmond, Of DOW JONES NEWSWIRES

NEW YORK -(Dow Jones)- EarthLink Inc. (ELNK) plans to begin offering a consumer high-speed Internet and online-calling package in three metropolitan markets next week through an expanded partnership with Covad Communications Group Inc. (DVW).

Atlanta-based EarthLink will offer the service in the San Francisco and San Jose area, Dallas and Seattle starting in the first week in February. The Covad partnership, terms of which weren`t disclosed, will allow the Internet service provider to offer a competitive digital subscriber line, or DSL, and Internet- telephony service without having its own agreements with telecommunication companies.

That`s important because the Federal Communications Commission ruled in August that phone companies would no longer be required to lease line capacity to competing ISPs link EarthLink and Time Warner Inc.`s (TWX) America Online under common carrier regulations, threatening the ISPs ability to offer competitively priced DSL services.

However, common carrier rules still require incumbent carriers to lease the connections between consumers` homes and their central offices to competing carriers like Covad.

"By us moving in this direction, we are jumping on the piece of the regulation that remains intact," says Jim Bagnato, EarthLink`s director of voice services.

"The squeeze is certainly on for EarthLink," says Enda Flynn of consulting firm BusinessEdge Solutions Inc. "EarthLink recognizes that they need to become more transport agnostic, more of an arms player."

The company has also been investing in new technologies that could make it less beholden to network operators and a more effective competitor, including Wi-Fi municipal networking, wireless service and broadband over power lines.

EarthLink said it intends to bring its offering with Covad to other major metropolitan areas in the future, but declined to name any cities or provide a timeline for the expansion. Covad, whose relationship with EarthLink dates back at least seven years, has access to 40 million households. It`s top markets are New York, San Francisco, Los Angeles and Washington, D.C.

Plans in its first markets will include EarthLink Internet features like spyware and spam blocking as well as voice features like caller blocking, call forwarding, three-way calling and 911 service. Email and phone contacts will be stored and managed through one address book. The phone service will not require the adapter VOIP competitors like Vonage Holdings Corp. use and will be available during power outages, like with traditional phone service.

"This is a fire-your-phone-company product," said EarthLink spokesman Jerry Grasso.

EarthLink will offer three package deals: one providing DSL service at a speed of up to 1.5 mbps and 500 minutes of local and long-distance calling for $49.95 a month; a second that adds unlimited local and long-distance calling for $64.95 a month; and a third that also provides unlimited calling and takes DSL speeds up to 8 mbps, using emerging "ADSL 2+" technology from Covad, for $69.95.

"We feel that these are very aggressively priced for what the consumer will be getting," Bagnato said.

Flynn said the EarthLink-Covad product "is a nice solution," but said there are some cheaper plans in the market from the likes of Verizon Communications Inc. (VZ) and AT&T Inc. (T).

He said the 8 mbps offering, a speed in the league of faster cable services, was "smart," but as a practical matter wouldn`t be achievable for many customer locations. EarthLink agrees such speeds won`t be universally available, but said ADSL 2+ technology allows higher speeds at greater distances than older technologies.

-Riva Richmond, Dow Jones Newswires; 201-938-5670; [e-mail]


(END) Dow Jones Newswires
01-27-061410ET
Copyright (c) 2006 Dow Jones & Company, Inc.


Das Jahr fängt ja sehr gut an !!!!!!!!!!!!!!!

[atitlan]

Vmac, es gab sogar noch weiter interessante Nachrichten.



AOL has millions of dial-ups that will be converted

AOL today announced that it will soon expand its broadband network coast-to-coast in partnership with leading providers including BellSouth, Time Warner Cable and Verizon, as well as other major DSL suppliers. Consumers in these markets, which reach a majority of AOL members, will be able to access the AOL service with a reliable high-speed connection for as low as $25.90. In BellSouth`s territory, AOL High Speed will be offered at $29.90.
AOL will engage in aggressive marketing for the new AOL(R) High Speed offering, which will let AOL members access the service`s leading security features and exclusive content on a true high-speed DSL Internet or cable connection at a competitive price. Beginning on January 30, 2006, consumers will be able to click or call to sign-up for AOL High Speed and order a DSL or cable modem, making it simple and convenient to upgrade.


Das bedeutet das auch AOL über Covad ADSl herkriegt, dort wo es Verizon selbst nicht zu verfügung hat.


Weiter hatte CEO Hoffman am Donnerstag ein key note speech at Internet Telephony.
http://news.tmcnet.com/news/2006/01/26/1319032.htm



Und dann wurde gestern auch noch das 200MA geknackt.

Ich bewahre meine Vads gut auf

Gruss, Atitlan

[V.Mac]

vielen Dank.

eine kurze Frage: 200MA ? Da versagt bei mir die Fantasie (oder das Wissen). Was ís´ ´n das??

V.Mac

[atitlan]

V.Mac

Entschuldigung, MA steht für Moving Average, ich habe das englisch acronym gebraucht weil ich nicht weiss wie das auf deutsch heisst (forgeschrittes durchschnitt oder so was?).

Gruss (aus den Niederlanden), Atitlan

http://stockcharts.com/def/servlet/SC.web?c=DVW

[V.Mac]

Danke schön.

bei uns ist das wohl die 200 Tage-Linie, charttechnisch gesehen.

Das soll ja immer ganz gut sein, wenn so was von unten nach oben durchbrochen wird.

V.Mac

[V.Mac]

heute sah es ja wieder gut aus, oder ??

Schönes Plus auf immerhin 1,21 USD Schlusskurs. Ausser einem SEC-Filing (wg. Aktienbesitz/Kauf/Verkauf im Vorstand) gabs nix neues.

Jetzt bleibt mal zu hoffen, dass die Zahlen, die ja bald mal kommen (müssen), auch mal nicht nur inline sondern besser ausfallen. Das lässt noch etwas Raum für Fantasien....

V.Mac

[V.Mac]

eine Auszeichnung gab es für das Angebot des VoIP von Covad.

Covad`s Line-Powered Voice Service Named ``Product of the Year`` by Internet Telephony; Award Recognizes VoIP-based Consumer Alternative Powered by Covad`s Innovative Technology and Nationwide Broadband Network
TUESDAY, JANUARY 31, 2006 8:45 AM

SAN JOSE, Calif., Jan 31, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, has won Internet Telephony`s "Product of the Year" award for the rollout of line-powered voice, a VoIP-based voice and data bundle for consumers. The award is announced in the January 2006 issue of Internet Telephony magazine.

"Each year Internet Telephony magazine bestows its Product of the Year awards on companies that have demonstrated excellence in technological advancement and application refinements. With the introduction of its line-powered voice service, Covad Communications has demonstrated to the editors of Internet Telephony that it is committed to quality and innovation while addressing the real needs in the marketplace," said Rich Tehrani, Group Publisher and Editor-in-Chief of Internet Telephony.

"Line-powered voice is a revolutionary product developed by Covad to provide a facilities-based alternative for local phone service," said Charles Hoffman, president and CEO of Covad Communications. "Winning the Internet Telephony award validates Covad`s ongoing efforts to create innovative products and expand our portfolio of voice and data solutions."

Line-powered voice is a Covad-developed, VoIP-based replacement for traditional phone service that does not require a broadband connection or additional consumer premises equipment. Customers use their existing analog phone equipment and in-house jack. As with traditional voice service, the line is powered from the central office (CO), so a power failure will not disrupt service. Full e-911 service is also included.

"Line-powered voice is an innovative offering that allows Covad to expand into the massive consumer VoIP market, which IDC projects will reach $4.8 billion by 2008," said Will Stofega, senior research analyst with IDC.

Customers will enjoy high quality service because their calls will be delivered over Covad`s managed national network, rather than the public Internet. EarthLink is the first Covad partner to commercially launch line-powered voice following successfully completed technical trials. Going forward, Covad`s strategy is to seek out strategic partners to fund the necessary network upgrades for expansion of line-powered voice into additional markets.

Line-powered voice is made possible by next-generation Digital Subscriber Line Access Multiplexers (DSLAMs) that Covad has been testing in three trial markets: Seattle, Dallas and San Francisco. This equipment also allows Covad to offer ADSL2+ (which delivers much higher bandwidth than ADSL) in the future.
----------------------------------------------------------------------

Das klingt doch gut und sollte auch einen gewissen Werbeeffekt für Covad mit sich bringen. Jetzt müssen nur noch ein, zwei Partner, so wie zuletzt Earthlink, mit ins Boot und dann sollte es doch weiter aufwärts gehen.

V.Mac

[V.Mac]

Meldungen am laufenden Band:

Die künftige Tochter von Covad, NextWeb, hat eine Vereinbarung zur Technologienutzung bzw. den Abschluss der Entwicklung mit dem nach ihrem Dafürhalten besten Anbieter, der israelischen Ceragon Networks getroffen.

Hier die Meldung:

Ceragon Networks(R) Provides IP Backhaul Solution for NextWeb`s Pre-WiMAX Network
THURSDAY, FEBRUARY 02, 2006 7:47 AM

TEL AVIV, Israel, February 2, 2006 /PRNewswire-FirstCall via COMTEX/ -- Ceragon Networks Ltd. (NASDAQ: CRNT and TASE: CRNT), www.ceragon.com, a global provider of high-capacity broadband wireless systems, today announced the successful deployment of Ceragon`s FibeAir 1500P for the IP backhaul connectivity of NextWeb`s pre-WiMAX network. NextWeb`s carrier-class fixed wireless broadband network services are available to over 200,000 business locations in more than 175 cities throughout California and Nevada.

"After extensive testing of the major microwave companies` latest offerings, we found that Ceragon`s native IP solution based on FibeAir 1500P was the best performer in both hardware and software and was the best overall solution for NextWeb`s growth plans", said Mr. Sam Metri, NextWeb`s Vice President of Network Engineering. "Ceragon`s field proven products with Fast Ethernet capabilities provide us with the flexibility and scalability to accommodate increasingly complex applications for a growing number of subscribers at the highest level of quality".

The FibeAir 1500P with direct IP interface will be used to efficiently connect NextWeb`s pre-WiMAX base stations to their regional operations centers. Ceragon`s Fast Ethernet interfaces are optimized for IP traffic with ultra low latency and full throughput and are ideal for delay-sensitive applications, such as voice and video over IP.

"This selection validates Ceragon`s market-leading position and builds on the growing success of Ceragon`s flagship FibeAir 1500P as an optimal solution for WiMAX backhaul", said Ira Palti, President and CEO, Ceragon Networks Ltd. "Our carrier class solution provides WISPs with the most efficient wireless transmission network by offering better cost efficiency and scale to manage the ever-growing capacity requirements."

NextWeb`s backhaul network is based on licensed frequencies of 11, 18 and 23 GHz band and uses ring topology for full traffic redundancy. The company will also deploy Ceragon`s radios to replace some of their existing unlicensed links with higher capacity licensed links.

About NextWeb

NextWeb, Inc. is California`s largest fixed-wireless Internet service provider for business, providing high-speed service over its carrier-class pre-WiMAX network to 3,000 enterprise customers. The company has pioneered the largest VoIP over Wireless deployment of its kind. NextWeb was named number 104 on the 2005 Inc. 500 list, and also has been named a fast growth company by all three leading Bay Area business journals - the second consecutive year the company has been so honored. NextWeb`s service is available to over 200,000 business locations in more than 175 cities throughout California, including San Francisco, San Jose, Los Angeles, and Orange County; as well as Las Vegas, Nevada. NextWeb is profitable and is backed by strategic investors including Asset Management Partners, Cedar Grove Investments, Kaiser Permanente, Monet Capital, Saints Capital, Sage Venture Partners and Sunsino Venture Group. Additional company information is available at www.nextweb.net.

On October 5, 2005 NextWeb announced it had signed a definitive agreement to merge with Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications. The transaction is subject to customary closing conditions, including the approval of NextWeb`s stockholders.
---------------------------------------------------------------------

V.Mac

[V.Mac]

auf der zweiten Investorenkonferenz von Kaufman Brothers ist Covad auch dabei.

Covad to Present at Kaufman Bros. Second Annual West Coast Investor Conference
THURSDAY, FEBRUARY 02, 2006 9:03 AM

SAN JOSE, Calif., Feb 02, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, today announced it will present at Kaufman Bros. Second Annual West Coast Investor Conference on Tuesday, Feb. 7, 2006, in San Francisco. 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 7:55 p.m. EST/4:55 p.m. PST.

A live broadcast 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.
----------------------------------------------------------------------

V.Mac

[V.Mac]

und einen Termin für die Bekanntgabe der Jahresabschlußzahlen 2005 bzw. des vierten Quartals 2005 gabs heute auch:

Covad Communications to Host Fourth Quarter 2005 Conference Call on Feb. 15 at 5 p.m. ET/2 p.m. PT
THURSDAY, FEBRUARY 02, 2006 9:08 AM

SAN JOSE, Calif., Feb 02, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, will conduct a conference call to discuss its fourth quarter 2005 financial results on Wednesday, Feb. 15, 2006 at 5 p.m. eastern time / 2 p.m. pacific time.

To participate on this call, investors and news media should dial [phone] and reference pass code 5036067. Participants are advised to call in five minutes prior to the start time.

The conference call will also be webcast over the Internet. To listen to the call, visit the Event Calendar section on the Covad web site at http://www.covad.com/companyinfo/investorrelations. Participants should allow approximately 10 minutes prior to the call`s start time to visit the site and download any streaming media software needed to listen to the webcast.

The conference call will be recorded and available for replay listening until 11:59 p.m. EST on February 22, 2006 by dialing [phone], pass code 5036067. An online archive of the webcast will also be available on the Investor Relations section of Covad`s website.
-------------------------------------------------------------------------------------

Da werden wir mal sehen, ob es Covad wirklich mal gelingt, die Erwartungen zu schlagen. Auf alle Fälle hat Covad heute in einem negativen Marktumfeld wieder einige Cent gutmachen können.

V.Mac

[arnouxx]

Hallo Covad Fans,

die letzten Meldungen sind doch alle recht positiv. V.mac - Danke für die Einstellung.

Covad kann sogar einen richtigen Aufwärtstrend vollführen. Bei den Zahlen erwarte ich noch einen Verlust. Hoffentlich bleibt er unter den Erwartungen. Wichtig wird der Ausblick sein. Die vielen guten Nachrichten sprechen eigentlich für Covad. Aber wir können nur hoffen, dass das Management auch in der Lage ist, einen positiven Ausblick zu kommunizieren. Es wäre schade, wenn wir wieder um 20-30% fallen. Wenn die Nachrichten weiterhin gut sind, kannn Covad von mir aus jede Woche um 10-20 Cent steigen. Ist allzumal besser als ein explosionsartiger Anstieg. Zumindest ist so ein allmählicher Kursanstieg nachhaltiger und kostet weniger Nerven. Bei einer Explosion weiss man nie, wo die Spitze ist. Man weiss nur, dass im Anschluss eine starke Korrektur kommt.

Bei 10-20 Cent jede Woche haben wir in einem Jahr auch Kurse von ca. 6-12 USD.

[V.Mac]

und wie´s der Geier will, scheint es heute schon wieder besser zu werden bzw. der Kurs steigt leicht.

@388: mir würde es langen, wenn wir nur jeden Börsenhandelstag 1 Cent höher schliessen würden, das gäbe bei rund noch 220 verbleibenden Tagen in diesem Jahr einen Kurs von um die USD 3,50 roundabout. Da wäre ich schon SEHR zufrieden.

Träume dein Leben - lebe deinen Traum

V.Mac

[atitlan]

Covad chases SME VoIP market, eyes profitability
3rd February 2006


By Rhonda Ascierto
Broadband DSL company Covad Communications Group Inc, which has posted a loss for the past two quarters, would return to profitability this year, said its chief executive Charles Hoffman at last week`s Internet Telephony Conference in Florida.
"Our company is on the cusp of profitability," he told the audience of VoIP vendors. "We will be profitable this year ... our idea is to fill in holes in our network this year first, then go to new markets where there is demand."

Part of Hoffman`s confidence is the San Jose, California-based company`s strategy in the business VoIP market.

Enterprises are adopting VoIP in large numbers and most seek premises-based systems from major vendors such as Nortel and others, Hoffman said. "Enterprises are looking for stability and cost savings."

But, Covad`s focus is on the small business VoIP market, he said. "Until recently, the small businesses have been underserved."

Return-on-investment arguments "don`t really work" when selling VoIP to SMEs, Hoffman said. "They`re more concerned with initial cost, they would like to have one provider for all their needs and, as we discovered the hard way, they cannot afford any down time," he said.

Service providers that can guarantee network uptime and call quality will have the edge in the market, Hoffman said.

"No down time is acceptable," he said. "If small businesses are not confident [in the continuity of the service], they will defer to the phone company."

Covad, which has been selling VoIP to the SME market for more than a year, prioritizes voice packets on its networks, Hoffman added.

Also, SMEs are using VoIP networks as a vehicle for other communication applications over IP, he said.

"Companies are changing the way they do business because of this technology. VoIP is becoming a complete communications platform," he said.

Looking ahead, Hoffman reckons it will be applications and innovative features that will draw more small businesses to IP communications.

He cited virtual VoIP call centers as an example. The travel industry has been an early adopter of virtual call-center applications, he said.

And voice-to-text and text-to-voice VoIP applications will be a driver, in industries ranging from restaurants to health care.

For Covad, WiMax is a big part of its future in VoIP. About 3,000 of its customers already use WiMax for broadband, voice and data, he said. WiMax standards, however, have not yet been set. "At the end of 2006 we will see a lot more development in [WiMax] because standardized equipment will be available and costs will come down," Hoffman said.

Wimax combined with VoIP also would be used to create robust emergency services, Hoffman predicted.



http://www.cbronline.com/article_news.asp?guid=DEF129E2-8D04…

[atitlan]

Last Trade: 1.23
Trade Time: Feb 3
Change: 0.04 (3.36%)

Und schon wieder 10 cent dazugelegt dieser Woche.
Covad kommt richtig in Schwung.

Nächste Woche dann die Jahresergebnisse. Das werder sehr rote Zahlen sein, aber das weiss jeder Kaufer der Aktien.
Die Blickrichting der Anleger ist im Moment klar voraus.
Ich bin ziemlich zuversichtlich dass es diesmal sicherlich keine Kursabsturz geben wird.
Wenn Hoffman aber Ebitda+ und CF+ nochmals kräftig bestätigen wird, dann glaube ich das es sogar weitere kaufwellen geben wird.

Atitlan

[arnouxx]

#390 und #391

"Broadband DSL company Covad Communications Group Inc, which has posted a loss for the past two quarters, would return to profitability this year, said its chief executive Charles Hoffman at last week`s Internet Telephony Conference in Florida."

Wenn bei Bekanntgabe der Zahlen am 15.02. es genauso positiv kommuniziert wird, glaube ich auch an einen nachhaltigen Kursanstieg. Bei Profitabilität könnte Covad dieses und nächstes Jahr noch zu einem absoluten Highflyer werden. Die Marktstellung des Unternehmens in den USA ist zumindest sehr vielversprechend. Und wenn das Vertrauen der Anleger erst einmal wieder gefestigt ist, kennen die Amis bei Wachstumsaktien kaum noch ein halten. Dann sind 2007 wirklich Kurse über 10 USD denkbar. Wenn die Entwicklung wirklich so verläuft, werde ich stückchenweise zukaufen. Eigentlich würde ich auch jetzt gern zukaufen, aber im Nachhinein ist jeder immer schlauer

[stephi06]

"...would return to profitability this year ..." Soll man diese Äußerung oder muss man sie nicht sogar so verstehen, dass am Ende des Jahres ein tatsächlicher Gewinn und nicht nur ein Plus beim EBIT(A) gemeldet wird??? Da der gute Hoffmann hier keine Einschränkung macht kann es eigentlicht nichts anderes bedeuten? Wie ist die Meinung der Covadgemeinde? Und falls dies denn wirklich so wäre, wird das Thema dieses Threads mindestens wieder war. Falls aber nicht, und das Teil wieder nach Süden tendiert, na dann ..... Aber bisher hat Hoffmann nichts erzählt, was nicht auch eingehalten wurde. Also ich bin auf den 15.02. gespannt wie lange nicht mehr ....

[stephi06]

o.k., es soll natürlich "wahr" heißen und nicht "war" ...

[atitlan]

Press Release Source: Covad Communications Group, Inc.

Covad`s Line-Powered Voice Service Rolled Out by EarthLink in Seattle, Dallas and San Francisco
Monday February 6, 9:23 am ET
EarthLink DSL and Home Phone Service Is a VoIP-Based Consumer Alternative Powered by Covad`s Innovative Technology and Nationwide Broadband Network


SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 6, 2006--Covad Communications Group, Inc. (AMEXVW - News), a leading national provider of integrated voice and data communications, today announces the support of EarthLink`s (NASDAQ:ELNK - News) rollout of line-powered voice, a VoIP-based voice and data bundle for consumers. EarthLink DSL and Home Phone Service is now available in Seattle, Dallas and San Francisco.
"Covad`s line-powered voice is a revolutionary consumer VoIP alternative that works just like the old phone company -- only better," said Charles Hoffman, president and CEO of Covad Communications. "Covad is particularly excited about our partnership with EarthLink, a company that offers tremendous nationwide brand recognition and boasts a well-deserved reputation of trust with consumers."

"It`s simple: this partnership allows consumers to fire their phone company and sign up for the high-quality, low-cost voice and broadband solution that they deserve," said Steve Howe, EarthLink`s vice president of voice services.

Line-powered voice does not require a broadband connection or additional consumer premise equipment. Customers use their existing analog phone equipment and in-house jack. Customers will enjoy high quality service because their calls will be delivered over Covad`s managed national network, rather than the public Internet. As with traditional voice service, the line is powered from the central office (CO), so a power failure will not disrupt service. Full e-911 service is also included. EarthLink will be offering this service to consumers as part of a broadband bundle.

Line-powered voice is made possible by next-generation Digital Subscriber Line Access Multiplexers (DSLAMs) that Covad has been market testing in three cities: Seattle, Dallas and San Francisco. This equipment also allows Covad to offer ADSL2+ (which delivers much higher bandwidth than ADSL) in the future. Covad`s strategy is to seek out strategic partners to fund the necessary network upgrades for expansion of line-powered voice into additional markets.

About Covad

[atitlan]

Es marschiert

1,31 ( 16:09 ) 0,08 / 6,50%
686.000 st am AMEX

[V.Mac]

@ 393:

Vielleicht muss ich deine Hoffnung etwas bremsen, auch wenn es mir so lieber wäre, wie du es darstellst.

auf der Covad-Homepage wird das erwartete Ergebnis für 2006 noch negativ dargestellt, die Schätzung für die 4 Quartale: 2006 -0.07 -0.06 -0.04 -0.03 = insgesammt -0.20 USD

Ab 2007 soll dann jedoch insgesamt Geld verdient werden. 0,18 USD in 2007 und 0,60 USD in 2008 und 1,05 USD in 2009.

Soweit ich mich erinnern kann, habe ich vor längerer Zeit mal auf COVD´s Homepage nachgeschaut, da war schon im 3.Quartal 2006 die Rede von einem positiven Ergebnis.

Aber letztendlich lebt der Markt ja auch von (hoffentlich) positiven Überraschungen.

Heute ist es auf alle Fälle wieder interessant. Wenn der Trend bis zum 15.2. anhält, wenn die Meinung auf eine positive Überraschung vorhält, denke ich, können wir Kurse bis 1,50 USD in den nächsten Tagen sehen. Und dann....

V.Mac

[V.Mac]

habe glatt was vergessen: was ja wichtiger ist, sind die Schätzungen fürs vergangene Quartal / Jahr 2005. Da wird Q4 mit -0,10 und das Gesamtjahr mit -0,35 gesehen. Und wenn das besser ausfallen sollte.....

V.Mac

[arnouxx]

@V.mac

Die Schätzungen und Vorgaben für das vergangene Quartal:
Kommen diese vom Management oder von den allg. Analystenmeinungen?

Ansonsten können wir nur hoffen, dass die Ergebnisse die Erwartungen erfüllen oder besser toppen

[V.Mac]

Da bin ich mir nicht sicher, ich denke, die Schätzungen kommen von den Analysten, weil irgendwo dabei auch was von der Anzahl der Analysten steht, die Covad beobachten. Kann mich aber auch täuschen...

am besten, selbst mal auf die Homepage von Covad gehen und sich umsehen, bevor es heisst, ich würde hier verkehrte Sachen posten.

goto: http://www.covad.com/companyinfo/investorrelations/index.sht…

V.Mac

[V.Mac]

habs gar nicht gemerkt. 400stes Posting!

V.Mac

[V.Mac]

die Spannung steigt....

V.Mac

[CovadFan]

Der institutionelle Anteil ist leicht auf 18,74 % gesunken. Hat jemand Informationen darüber.

[stephi06]

Na, ich weiss nicht, ich weiss nicht ... , ob dass jetzt die "Überraschung" ist, die den Kurs auf 2$ treiben soll .... Wir werden Morgen sehen. Gut finde ich jedenfalls den Abbau der Schulden. Hier hat sich meiner Ansicht nach nun wirklich etwas getan, aber sonst ...?

Covad Communications Group Announces Fourth Quarter 2005 Results
Wednesday February 15, 4:30 pm ET
Company Closes 2005 with Positive Revenue Growth, and a Significant EBITDA Improvement Over the Previous Quarter

SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 15, 2006--Covad Communications Group, Inc. (AMEXVW - News), a leading national provider of integrated voice and data communications, today reported its fourth consecutive quarter of increased revenues and a significant improvement in its EBITDA performance over the third quarter of 2005.

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"We are pleased with the trends and progress we are making towards our goal of becoming EBITDA positive by mid-year and cash flow positive by the end of the year," said Charles Hoffman, Covad president and chief executive officer. "In 2005, we made major investments in our network and customer operations to automate and scale VoIP processes and enable our growth. We continue to take control of our destiny by doubling our VoIP customer base in 2005 and by shifting more of our business to higher-margin, business-class services sold through direct channels under the Covad brand."

Financial Summary

Covad reported revenues of $113.7 million for the fourth quarter of 2005, an increase of 1.4 percent from the $112.1 million reported for the third quarter of 2005, and an increase of 5.6 percent from the $107.7 million reported in the fourth quarter of 2004.

Covad ended the fourth quarter of 2005 with approximately 567,200 broadband lines in service, representing a 6.4 percent increase from 2004. While total broadband lines in service decreased by 1.9 percent from the third quarter of 2005, Covad business broadband lines in service increased by 1,360 to 232,400. Covad ended the fourth quarter of 2005 with 1,147 VoIP business customers, a 102.3 percent increase over 2004 and a 10.8 percent increase over the third quarter of 2005.

For the fourth quarter of 2005, broadband and VoIP subscription revenue increased to $98.3 million, an increase of 1.8 percent from the $96.6 million reported in the third quarter of 2005, and an increase of 8.3 percent from the $90.8 million reported in the fourth quarter of 2004. Management uses broadband and VoIP subscription revenue to evaluate the performance of its business and believes these revenues are a useful measure for investors as they represent a key indicator of the performance of the company`s core business. Refer to the Selected Financial Data, including Note 3, for additional information, including a reconciliation of this non-GAAP financial performance measure to the most directly comparable GAAP measure.

For the fourth quarter of 2005, Covad`s wholesale subscribers contributed $80.1 million of revenue, or 70.4 percent, while direct subscribers contributed $33.6 million of revenue, or 29.6 percent. At the end of the fourth quarter of 2005, broadband lines in service were approximately 488,100, or 86.1 percent, wholesale and 79,100, or 13.9 percent, direct, as compared to approximately 498,500, or 86.2 percent, wholesale and 79,900, or 13.8 percent, direct at the end of the third quarter of 2005, and approximately 454,600, or 85.3 percent, wholesale and 78,600, or 14.7 percent, direct at the end of fourth quarter of 2004.

Covad reported a loss from operations of $17.8 million for the fourth quarter of 2005, an improvement of $10.2 million, or 36.4 percent, over the loss from operations of $28.0 million reported in the third quarter of 2005, and an improvement of $7.3 million, or 29.1 percent, over the loss from operations of $25.1 million reported in the fourth quarter of 2004.

For the fourth quarter of 2005 earnings before interest, taxes, depreciation and amortization, or EBITDA, was a loss of $3.4 million, an improvement of $8.5 million, or 71.4 percent, over the EBITDA loss of $11.9 million reported in the third quarter of 2005, and an improvement of $2.1 million, or 38.2 percent from the EBITDA loss of $5.5 million reported in the fourth quarter of 2004. Covad`s EBITDA for the fourth quarter of 2005 include a reduction in network costs of approximately $4.2 million, primarily as a result of a billing settlement it reached with Verizon Communications, Inc. This benefit was partially offset by an increase in employee compensation and other operating expenses of approximately $2.5 million, primarily as a result of reductions in Covad`s workforce during the fourth quarter of 2005. Refer to the Selected Financial Data, including Note 2, for a reconciliation of this non-GAAP financial performance measure to the most directly comparable GAAP measure and other information.

Covad reported a net loss of $17.9 million, or $0.07 per share, for the fourth quarter of 2005 as compared to a net loss of $15.8 million, or $0.06 per share, for the third quarter of 2005, and a net loss of $26.0 million, or $0.10 per share, for the fourth quarter of 2004.

Cash, cash equivalents and short-term investment balances, including restricted cash and investments, amounted to $102.0 million at the end of the fourth quarter of 2005, a decrease of $14.1 million when compared to the balance of $116.1 million at the end of the third quarter of 2005.

"This quarter`s significant improvement in EBITDA results is a testament to the operating efficiencies from our investments throughout 2005 and puts Covad squarely on the path to becoming EBITDA positive in 2006. In addition, we are focused on increasing sales of our high-margin business products, such as T1 and VoIP, and continue to improve our churn as we manage the transition towards more profitable business subscribers." said Christopher Dunn, Covad chief financial officer.

Operating Statistics

* At the end of the fourth quarter of 2005, Covad had approximately 334,800 consumer and 232,400 business broadband lines in service representing 59.0 percent and 41.0 percent, respectively, of total broadband lines in service. At the end of the fourth quarter of 2005, Covad had 1,147 VoIP business customers using a combined total of approximately 40,600 VoIP stations. For the fourth quarter of 2005, business customers contributed $82.7 million, or 72.7 percent, and consumer customers contributed $31.0 million, or 27.3 percent, of total revenue.
* Weighted average revenue per user, or ARPU, for broadband lines was $54 per month during the fourth quarter of 2005, flat as compared to the third quarter of 2005. VoIP ARPU per customer, excluding resellers, was $1,681 per month during the fourth quarter of 2005, up from $1,578 per month for the third quarter of 2005.
* Net customer disconnections, or churn, for broadband lines averaged approximately 2.8 percent in the fourth quarter of 2005, down from 3.3 percent for the third quarter of 2005.

Business Outlook

Covad expects total net revenues for the first quarter of 2006 to be in the range of $115 - $120 million. Broadband and VoIP subscription revenue is expected to be in the range of $98 - $101 million. Covad expects its net loss to be in the range of $13 - $16 million, and Modified EBITDA ("M-EBITDA") in the range of $1 - $3 million loss. Net usage of cash, cash equivalents and short-term investments, including restricted cash and investments, for the first quarter of 2006 is expected to be in the range of $10 - $14 million, which includes the payment of approximately $2 million of severance costs and related accrued vacation as a result of workforce reductions performed in the fourth quarter of 2005

[arnouxx]

Musste heute abend auch nochmal reinschauen.

Gut ist zumindest, dass die Margin sich verbessert und ein positives EBITDA in 2006 erreicht werden soll. Die Ergebnisse lassen dieses auch plausibel erscheinen. Mal sehen, wie die Amis es interpretieren.

Gibt es irgendwo vorbörsliche Kurse?

[arnouxx]

Was ich nicht so berauschend finde, ist das Umsatzwachstum. Das wir noch einen Verlust haben, war jedem Investor klar. Nur könnte das Umsatzwachstum meiner Meinung nach besser ausfallen.

Vielleicht kann sich mal jemand hierzu äußern, der mehr Ahnung von der Branche hat.

[atitlan]

Endlich die erhoffte Kostensenkungen.

Ich bin zufrieden. Keine negative Überaschungen. Die Conference Call war gut, gute Fragen auch und gute Antworten.

Ich finde das die Zahlen klar auf ein Umschwung bei Covad deuten.

Von Q2O4 bis Q3O5 ging das Bruttoergebnis kontinuierlich herunter
45,1 39,7 38,6 35,0 33,5 27,6
Aber jetzt verbesserte es stark bis 36,0 M.

Sowie auch EBITDA:
12,5 4,1 -5,5 -7,4 -8,0 -11,9
Aber jetzt -3,4 M. Das ist auch weitaus besser als vorhergesagt.

Bruttoergebnis in Prozente steigerte von 24,6 auf 31,7%, auch zum ersten mal wieder hoch. Die Qualitat der Umsatz hat sich klar gebessert.

Die Umsatz entwickelte sich nicht stark, nur een plus von 1,4% aber das war schon erwartet.
Die Vorhersage für nächstes Quartal deutet auf ein plus van 3,3%.
Aber das ist noch ohne LPV, Nextweb.

Auch wegen niedriger Kosten und weniger Mitarbeiter (-10%) wird bald EBITDA+ erreicht werden.

Ich glaube das so wie es nun aussieht in 2006 alles nach Plan verlaufen werde, eine Bewertung von $1 Milliard möglich wird, was dan etwa 2x die Jahresumsatz entsprichen wurde.

Ihr sieht, ich bin nun wirklich sehr optimistisch.

[atitlan]

New York Securities also out with note

06:32am EDT 16-Feb-06 New York Global Securities (DVW BLS ELNK

NYGS: DVW: DVW: 4Q05 Shows Dramatic Progress
After a very difficult 2005, we believe Covad is at long last hitting its stride. We believe the company is effectively diversifying away from the wholesale consumer broadband market toward higher-ARPU, higher-margin and lower-churn businesses. Further, the company`s hosted
voice strategy is beginning to gain material traction in the marketplace, as evidenced by the robust forecast of over $6 MM or 6.6% of revenue for 1Q06. Lastly, the company`s renewed emphasis on financial discipline is beginning to pay off handsomely. Covad reported dramatically improved operating metrics for 4Q05.
We expect to see continued improvement throughout the year. In our view, by the end of 2006, management will have engineered a very attractive P&L. As this transformation takes place, we would expect investors to reevaluate the company and its prospects and award the company a more fitting valuation.

[arnouxx]

Die Amis nehmen die Zahlen positiv auf

Somit kann ich Covad einige Monate weiter halten. Sehr schön!!!

[atitlan]

Premarket 1,50
Eröffnung 1,40
Jetzt nach 2 Stunden nur noch 1,26. Volumen 2,3 M.

Es ist klar das die Zahlen und Conference call sehr gut empfangen worden sind.
Auch Hochstufungen von Global Securities and Kaufman Brothers.

Dennoch Kurzabstürz auf intra day Basis.
Ich glaube hier wird richtig manipuliert.

Ich denke das ein Investor jetzt überzeugt is von das riesige Potenzial dieser Firma.
Deswegen versucht er zu verhinderen das die Preis schnell richting 2 dollar geht. Also es wird kräftig geshort.
Es könnte also bald ein Übernahmeversuch kommen.

[arnouxx]

@atitlan

Woher bekommst du den Premarket-Kurs?

[atitlan]

Arnouxx, die kan ich selbst auch nicht sehen, leider.
Ein AMI hatte die premarket gepost on Yahoo Covad board.

http://finance.groups.yahoo.com/group/covadcommunications/

[atitlan]

NEW YORK, February 16 (newratings.com) - Analysts at Kaufman Bros upgrade Covad Communications Group Inc (COVD.NAP) from "hold" to "buy, "while raising their estimates for the company. The target price has been raised from $1.50 to $2.50.

In a research note published this morning, the analysts mention that the company has reported robust results for 4Q05, with EPS ahead and revenues marginally short of the estimates. Covad Communications is expected to witness decelerating cash burn in 2006 and is likely to become cash flow positive in 2007, the analysts add. The EPS estimate for 2006 has been raised from -$0.24 to -$0.15.

[atitlan]

Eagle Broadband`s Managed Services Division Secures Two New Contracts
Thursday February 16, 5:02 pm ET
Eagle is Implementing Advanced IP Networks for Renaissance Healthcare and Harborwalk


HOUSTON--(BUSINESS WIRE)--Feb. 16, 2006--Eagle Broadband (AMEX:EAG - News), a leading provider of broadband, Internet protocol (IP) and communications technology and services, announced today that the company has secured contracts for, and is in the process of implementing two advanced IP network solutions in the greater Houston area for Renaissance Healthcare and Harborwalk.

For Renaissance Healthcare, opening a new headquarters in Houston, Eagle Broadband is implementing a hosted Voice-Over-IP (VOIP) solution based on a COVAD IP-PBX (Private Branch eXchange). This implementation includes an eighty-person call center where telephone operators will be calling insurance companies to confirm patients` medical coverage plans. A key aspect of the project will be the software integration between the VOIP PBX and the TELREX call center software solution, thereby ensuring that call center operators are fully informed with supporting details for all inbound and outbound calls.

According to Vinh Pham, Executive I.T. Director for Renaissance Healthcare, "Eagle was able to offer COVAD`s Unified Messaging Dashboard as part of an integrated all-IP call center solution which meets our operational needs."

For Harborwalk, a waterfront real estate development on Galveston Bay, Eagle Broadband is installing a complete managed IP network servicing offices, the marina and restaurants. In addition to deploying all of the operational communications equipment and wiring, Eagle will provide ongoing active 7 by 24 remote management services to ensure that these network components perform in a nonstop mode.

"IP network implementations are an important component of our total solution set," said Dave Micek, president and CEO of Eagle Broadband. "As we roll out increasingly sophisticated IPTV and Set Top Box solutions, these advanced IP networking skills will be critical to ensuring successful video technology implementations."

About Eagle Broadband

[V.Mac]

Sooooo, da ist also die Euphorie auch wieder erloschen.

Schade eigentlich, da ich meine, die Zahlen sind so schlecht gar nicht. Weiterhin erwarte ich mir von einer Erhöhung des Kursziels auch einen kleinen Run, aber so war es leider nicht. Naja, wir haben ja alle noch etwas Zeit, bis unser Kursziel mal erreicht wird.

Zu den vorbörslichen Kursen und dem Orderbuch von DVW habe ich folgenden Link eingestellt.

http://www.island.com/

Das ist die Seite von Inet, einem Kursanbieter aus Amerika. Oben rechts gibt man das Börsenkürzel, hier natürlich DVW, ein und bekommt dann das Orderbuch angezeigt, solange Handel ist und ich glaube ab 14.00 Uhr unserer Zeit, also 1,5 Stunden vor US-Börseneröffnung bekommt man, soweit ich mich erinnern kann, auch die vorbörsliche Taxe.

V.Mac

[arnouxx]

Nur ruhig V.mac. Nach der großen Kurslücke (vom Vortag zu 1,22 rauf auf 1,40) ist es völlig normal mit den Abgaben. Sind halt auch viele Zocker an Bord. Aber nach einigen Tagen Beruhigung wird Covad wieder auf 1,40 und höher laufen. Die erhöhte Kursaufnahme und diverse Hochstufungen zeigen ganz klar den Weg.

Der Aufwärtstrend ist voll intakt.

[arnouxx]

Da es hier sehr ruhig ist...

Der Kurs von 1,40 USD ist bald wieder erreicht (V.mac - war auch zu erwarten). Geht also sukzessive aufwärts. Sehr schöner Aufwärtstrend

[stephi06]

Ich kann mich der Einschätzung von euch beiden nur anschließen, habe auch heute nochmal nachgelegt. Sollte es aber entgegen den allgemeinen Erwartungen wieder runter gehen, werde ich mich aber auch wieder schnell verabschieden - größtenteils jedenfalls.

[V.Mac]

Da ich die letzten Tage hier Sendepause hatte, weil ich mich momentan mehr um den Erwerb eines neuen Autos kümmern muß, leider (noch) keine Viper(!!), will ich heute mal zumindest die letzten Meldungen einstellen.

Die Zahlen vom 15.2.06 haben wir ja schon etwas besprochen, und dannach hat mich einfach die Kursentwicklung etwas enttäuscht. Aber arnouxx hatte es ja schon angedeutet...

Die letzten Tage war es ja wieder etwas schöner anzusehen.
Auch heute steht wieder ein schönes Plus vornedran.

Aber nun zu den Meldungen:

21.2.06: Covad hat die Übernahme von NextWeb abgeschlossen, das bringt 3000 profitable neue Kunden. Es gibt noch rund 200.000 mögliche Kunden in der Region, die bisher "wireless" von NextWeb bedient wird. Also Fantasie....Covad bezahlt rund 20 Mio USD in Cash und neuen Aktien, das sind immerhin rund 6600 USD pro bisherigem NextWeb Kunden. Aber wie gesagt, die Fantasie....Ausserdem findet auch ein Analyst, von "Pyramid Research" (kenne ich nicht) Die Kombination von drahtloser und draht (kabel) gebundener Internetanbindung gut und sieht da einen deutlichen Wettbewerbsvorteil .

Covad Finalizes Acquisition of NextWeb; Purchase Brings Covad 3,000 Profitable Broadband Wireless Customers in California and Nevada
TUESDAY, FEBRUARY 21, 2006 8:00 AM

SAN JOSE, Calif., Feb 21, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, has completed its acquisition of NextWeb, Inc., a broadband wireless carrier operating in California and Nevada.

"For the last five years, no one has delivered business-class wireless broadband better than NextWeb," said Charles Hoffman, Covad president and chief executive officer. "With this acquisition, we complement our existing network footprint, can provide higher bandwidth products to our customers, can provision customers more quickly, and ultimately own the `last mile` and further reduce our dependency on the ILECs."

NextWeb, based in Fremont, California, delivers business-class broadband service to small and medium-sized businesses at speeds up to 100 megabits per second (Mbps), complementing Covad`s existing portfolio of data solutions. NextWeb currently provides service to more than 3,000 business customers in the greater San Francisco Bay Area, the Los Angeles metropolitan area, parts of central California, and Las Vegas, NV, with coverage available to more than 200,000 business locations in these areas.

NextWeb finished 2005 with revenues of approximately $10 million and has been EBITDA and cash-flow positive since December 2003. Covad`s focus for 2006 will be maximizing NextWeb`s revenue and profit contribution within its existing wireless markets and footprint. This will contribute to Covad`s plan to be EBITDA positive by mid-year 2006.

Graham Barnes, NextWeb`s CEO, will report to Hoffman in the position of senior vice president and general manager. NextWeb will continue to offer its full portfolio of business broadband services, including scalable bandwidth up to 10 Mbps, redundant access, converged solutions, and high-capacity licensed point-to-point links at speeds up to 100 Mbps.

According to Barnes, "NextWeb proved that carriers could efficiently and profitably deliver business-class broadband services using pre-WiMAX technology. By becoming part of Covad, we are now well-positioned to capitalize on the potential that wireless broadband access technology has as a complement to traditional wireline broadband services."

"The combination of wireline and wireless broadband services is a competitive advantage as business customers continue to seek out providers of converged voice and data solutions offered through a variety of technologies," says Pyramid Research`s senior analyst Ozgur Aytar.

Covad will pay approximately $3.9 million in cash and issue approximately 16 million Covad shares in the transaction. A portion of Covad shares to be issued are restricted from sale in the open market for a period of time.
---------------------------------------------------------------------------------------------------------------

Weiter gehts mit der Meldung vom 22.2.06:

Covad gibt bekannt, wie die künftige technische Ausstattung aussieht bzw. wer sie herstellt. Das ist wohl eher nicht so kursbeeinflussend, aber trotzdem rein mit der Meldung.

Covad Chooses Acme Packet Session Border Control Solutions
WEDNESDAY, FEBRUARY 22, 2006 9:32

BURLINGTON, MA, Feb 22, 2006 (MARKET WIRE via COMTEX) -- Acme Packet(R), the leader in session border control solutions, today announced that Covad Communications (DVW) selected Acme Packet`s Net-Net(R) session border controllers for a number of applications, including voice over IP (VoIP) services and interconnecting with other service providers. The voice service portfolio includes Covad`s vPBX and PBXi Plus VoIP solutions, Voice-optimized access (VOA) and Line Powered Voice Access (LPVA). Covad has offered bundled voice and data solutions since 2004 and is currently the market leader in hosted business VoIP according to In-Stat`s November 2005 report entitled "Steady Growth Ahead for Hosted VoIP Solutions."

Acme Packet Net-Net session border controllers (SBC) are currently being deployed in seven of Covad`s IP PoPs and will provide security, interworking and load balancing features. Acme Packet`s unique adaptive NAT traversal feature allows VoIP calls to most efficiently cross existing data firewalls without any change at the customer location. Covad`s voice services make use of MGCP and SIP signaling today and will add SIP for Business (SIP-B) in the future.

"After stringent evaluation, including lab verification, we decided that Acme Packet`s SBC was the most technically proficient solution," said Steve DeRodeff, Covad vice president of broadband technologies. "That verification, along with Acme Packet`s dominant market position and demonstrated level of support, led us to select the Net-Net SBC to protect our network resources, help us maximize the number of customers we can reach and migrate our user base to a pure SIP environment."

"Covad`s managed national broadband network is a real differentiator for its voice solutions in terms of service reach," declared Andy Ory, president and CEO, Acme Packet. "Our security and service assurance features complement their broadband network reach to uniquely enable Covad`s delivery of reliable, high-quality voice services to businesses nationwide."

---------------------------------------------------------------------------------------


Wie oft, zum Schluß

wenn´s dem Kurs hilft...

stay tuned.

V.Mac

[V.Mac]

eins habe ich vergessen: ein Termin noch, der bekannt gegeben wurde.

Covad to Present at Jefferies & Co. Second Annual Internet Conference
FRIDAY, FEBRUARY 24, 2006 8:00 AM
- BusinessWire

SAN JOSE, Calif., Feb 24, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, today announced it will present at Jefferies & Co. Second Annual Internet Conference on Tuesday, Feb. 28, 2006 in New York. Chris Dunn, chief financial officer for Covad, will speak at the event. The company is scheduled to present at 1:10 p.m. EST/10:10 a.m. PST.

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.


V.Mac

[stephi06]

Habe heute einen "seltsamen" Brief von meiner Bank erhalten. Darin steht, das Covad in einer "Class Action" (Sammelklage) angeklagt wurde und am 24.04.06 eine Anhörung stattfindet. Hat jemand eine Ahnung, um was es hierbei geht? Ist das der Grund, warum sich der Kurs wie mit angezogener Handbremse bewegt?

[V.Mac]

den Brief habe ich auch erhalten, mit der Aussage dazu, dass meine Bank nicht tätig wird. Ausserdem waren da noch ca. 150 andere Unternehmen genannt, gegen die ebenfalls eine Class Action angestrengt wird.

Im Normalfall geht es darum, dass irgenwelche Unternehmensangaben aus dem Jahr 1999, hier ab dem 21.1.99, als verfälschend angesehen werden. Wenn dann jemand auf Grund dieser Angaben die Aktie gekauft hat, kann man nun dagegen klagen. Der Zeitraum des Aktienerwerbes bei Covad geht vom 21.1.99 bis 6.12.2000. Ich denke, wenn ich mich nicht irre, gabs da schon mal was. Da ging es um die Übernahme eines Mitbewerbers, "Blue.... noch irgendwas." Lässt sich bestimmt hier in dem Thread auch rausfinden.

Fazit: für uns dutsche Kleinanleger- lohnt sich so was im Normalfall nicht, da Klageeinreichung in den USA und man im Normalfall der Kanzlei erst mal einen Vorschuß überweisen muß, damit die überhaupt den eigenen Namen mit auf die Liste setzen. Wenn natürlich jemand dabei ist, der zu damaligen Kursen 1000 oder 10000 St. gekauft hat, dann lohnt sich so was vielleicht.

Aber in den meisten Fällen verläuft sowas dann im Sande und eine Aktionärsentschädigung fällt aus.

Ich hoffe, hilfreich gewesen zu sein und das daß, was ich geschrieben habe, auch so stimmt. Kurs beeinflußend ist so eine Meldung in der Regel nicht, es sei denn es ist offenkundig, dass wirklich was grob faul war. Aber da hätte der Markt schon 6 Jahre eher reagiert.

V.Mac

[stephi06]

V.Mac, vielen Dank für die Info.

[V.Mac]

eine heute erschienene Meldung steht wohl im Zusammenhang mit der "class action":

Notice to All Bear Stearns Customers who Purchased or Received an Allocation of Stocks through an IPO from the Securities Arbitration Law Firm of Klayman & Toskes, P.A. -- DVW, DDDC, DRIV, DTAS

NEW YORK, Mar 2, 2006 (PRIMEZONE via COMTEX) -- The Securities Arbitration Law Firm of Klayman & Toskes, P.A. ("K&T") (http://www.nasd-law.com), representing numerous aggrieved investors throughout the nation, advises all Bear Stearns customers who are eligible to participate in the Settlement of the Initial Public Offerings Securities Litigation (In Re Initial Public Offering Securities Litigation, No. 21 MC 92 (SAS)), to explore all of their legal options against Bear Stearns, one of the non-settling defendant underwriters. According to K&T, investors should strongly consider pursuing an individual securities arbitration claim as a means to recovering their financial losses.

According to the IPO Securities Litigation, various issuers and underwriters caused securities to trade at artificially inflated prices, in connection with the initial public offering of the securities, causing customers to lose billions of dollars. Investors who may have a claim against Bear Stearns, a non-settling defendant underwriter, include those who suffered net losses as a result of their purchase and/or receipt of the following stocks through Bear Stearns, during the relevant time periods:



1. Covad Communications
(DVW)
Jan. 21, 99 - Dec. 6, 00
2. Deltathree, Inc.
(DDDC)
Nov. 22, 99 - Dec. 6, 00
3. Digital River, Inc.
(DRIV)
Aug. 11, 98 - Dec. 6, 00
4. Digitas, Inc.
(DTAS)
Mar. 13, 00 - Dec. 6, 00



Several defendant underwriters, including Bear Stearns, have not settled with the Class Members of the Initial Public Offering Securities Litigation. Therefore, K&T urges investors who suffered substantial losses to proceed with a securities arbitration claim against Bear Stearns, rather than waiting for a potential class action settlement. Empirical evidence shows that investors may achieve an overall higher rate of recovery by filing an individual securities arbitration claim.

Accordingly, K&T plans to assist individual investors who purchased and/or received an allocation of shares through an IPO to recover their financial losses from Bear Stearns, in securities arbitration claims before the National Association of Securities Dealers and the New York Stock Exchange. Additionally, because the IPO Litigation is not the exclusive remedy for injured investors, K&T strongly encourages all eligible IPO Settlement recipients to contact Lawrence L. Klayman, Esquire, at 888-997-9956 to discuss their legal options and/or the possibility of pursuing an individual securities arbitration claim. You may also visit us on the web at http://www.nasd-law.com.
------------------------------------------------------------------------------

ob sich da was lohnt, sei wie bereits gesagt, dahingestellt.

V.Mac

PS: dem Kurs heute tut das keinen Abbruch, er steigt.

[V.Mac]

eine Personalie:

Covad`s Jim Kirkland Named to California Emerging Technology Fund Governing Board
THURSDAY, MARCH 02, 2006 1:33 PM
- BusinessWire
DVW 1.37 +0.08

SAN JOSE, Calif., Mar 02, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, today announced that Jim Kirkland, Senior Vice President, Strategic Development & General Counsel, has been appointed by AT&T to the inaugural Governing Board of the California Technology Fund (CETF).

Created by the California Public Utilities Commission in 2005, the CETF will work to achieve state-wide access to broadband and advanced services in California by 2010 using new and developing technologies. The CETF will begin with $60 million in funding, with a goal of obtaining at least $100 million in funding over five years. It will focus significant resources on addressing the needs of underserved communities in California, helping to breach the Digital Divide, as well as promoting the advancement of Telemedicine in California.

"As a senior executive for a California company that has built a world-class broadband network from the ground up over the last 10 years, Jim Kirkland will bring a valuable perspective on network deployment and maintenance strategies to the CETF board," said Charles Hoffman, Covad president and chief executive officer. "Jim`s participation on the CETF board is another example of Covad`s commitment to our community. This appointment also demonstrates the growing strength of our relationship with AT&T."

The CETF`s Governing Board will include 12 members. Four were appointed by the Commission, three by AT&T and one by Verizon. The final four members will be chosen by the first eight board members.

"AT&T is proud to play a critical role in nominating individuals that we believe are uniquely qualified for this important effort," said Ken McNeely, President of AT&T California. "We chose Jim Kirkland for the CETF board based on his outstanding credentials, unique background in wireless and wireline technologies, and his commitment to CETF`s goals. We know he will bring energy and commitment to the important work CETF will do to reach underserved communities and help bridge the Digital Divide in California."

Kirkland is a board member of the Information Technology Association of America, the nation`s leading IT trade association. Kirkland`s nomination was endorsed by TechNet, which represents over 150 of America`s leading technology companies.

Kirkland oversees strategic development and legal, regulatory and legislative affairs for Covad. Prior to Covad, Kirkland served as Senior Vice President, Spectrum Development and General Counsel for Clearwire Technologies, Inc., a privately held broadband wireless Internet service provider based in Dallas, Texas.

Kirkland previously spent 17 years with Mintz, Levin, Cohn, Ferris, Glovsky and Popeo P.C. in Washington, D.C., where he specialized in communications law and worked with emerging-growth Internet, wireless and telecommunications companies.

Kirkland holds a bachelors degree from Georgetown University in Washington, D.C. and graduated cum laude from Harvard Law School in Cambridge, Massachusetts.

For more information about the CETF, please visit the PUC`s website at www.cpuc.ca.gov.

--------------------------------------------------------------------

V.Mac

[V.Mac]

noch was von gestern:

Covad Announces Small Business VoIP and Broadband Distribution Deal With Intelisys at Spring 2006 Channel Partners Conference & Expo
WEDNESDAY, MARCH 01, 2006 8:00 AM
- BusinessWire
DVW 1.38 +0.09

SAN JOSE, Calif., Mar 01, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, has signed a deal with Intelisys, one of the nation`s leading Master Agency distributor of business telecommunications services. The deal, which was announced today at the Spring 2006 Channel Partners Conference & Expo, enables Intelisys` distribution network of more than 450 independent sales partners to sell Covad`s VoIP and broadband products to small businesses.

"Covad is pleased to partner with Intelisys to increase our reach into the small business market and provide them with industry-leading VoIP and broadband solutions," said Tim Gaines, Covad senior vice president, Field Sales. "Covad has had a long and successful relationship with Resource Communications, a recent merger partner of Intelisys. This merger will enable Intelisys partners to benefit from Resource Communications` expertise regarding Covad`s services."

"Covad has all the attributes we are looking for in a partner," said Dana Topping, president of Intelisys` newly formed Resource Customer Solutions business unit. "Their national network, portfolio of business-class voice and data solutions, professional technical and sales expertise, and singular focus on the small business customer all combine to make Covad a leader in this space."

Intelisys also has deployed Covad`s vPBX hosted VoIP solution throughout its organization. Covad vPBX voice service delivers feature-rich, integrated local, long distance, and high-speed Internet access communications all over one fully managed network connection.

Intelisys provides Covad with access to a nationwide network that includes many of the industry`s most accomplished independent telecom consultants and value added resellers. The services of a Master Agency will allow Covad to better serve its customers by providing contact between Intelisys sales partners and Covad channel representatives specialized in delivering high value, integrated communication solutions. Intelisys is a distributor of voice and data solutions from over 25 telecommunications providers including Qwest, Sprint, and Verizon. Covad is the primary VoIP-focused provider to offer integrated voice and data services through Intelisys` distribution network.

-----------------------------------------------------------------------------------

Wenn´s dem Kurs hilft....

V.Mac

[V.Mac]

noch was von gestern, ein Auftritt in der Öffentlichkeit...

Covad Customer Operations VP Jake Heinz Speaks at ITAA Symposium on Enterprise VoIP
WEDNESDAY, MARCH 01, 2006 8:00 AM
- BusinessWire

SAN JOSE, Calif., Mar 01, 2006 (BUSINESS WIRE) -- Jake Heinz, Vice President of Customer Operations -- VoIP Services for Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, today spoke at a symposium entitled, "Enterprise VoIP: From Communication to Collaboration." The event was organized by the Information Technology Association of America, and was held at the Ritz Carlton Pentagon City in Arlington, Virginia.

Heinz, the only participant representing the competitive local exchange carrier community, was joined by representatives from the VON coalition, the US Department of Education, the Burton Group, and US Representative Bart Gordon (D-TN).

The discussion focused on the ways that enterprises are using VoIP alongside other applications, such as instant messaging, wireless, and conferencing, to become more productive and cost-efficient. Heinz, who oversaw the recent automation and scaling of Covad`s VoIP operations, discussed the benefits of VoIP to businesses, specifically in improving the efficiency of administering their telecommunications systems.

"The ability of businesses to streamline their telecom management and reduce costs is one of the key benefits of migrating to voice over IP," said Heinz. "Educational events like this are very important in spreading awareness of VoIP and highlighting success stories."

Covad was a co-sponsor of the event.
------------------------------------------------------------------

V.Mac

[V.Mac]

und dann gabs heute noch drei SEC filings über den Erwerb/Bezug von jeweils 100.000 Kaufoptionen für Covad-Aktien bei Basis 1,30 USD von Mitgliederen aus dem Management.

Naja, und nach Veröffentlichung des Filings sprang der Kurs gleich mal um fast 10 Cent.....

V.Mac

[arnouxx]

Und somit liegt unsere Covad wieder über 1,40 USD...

Mal etwas für die Statistik und Aussicht. Aber bitte nicht als Garantie betrachten:
Die untere Trendlinie seit 28.12.2005 steigt täglich um 1,1 Cent. Seit diesem Zeitpunkt existiert zumindest der sauber ausgeprägte Aufwärtstrend. Wir haben noch 43 Wochen vor uns in diesem Jahr, was etwa 215 Handelstagen entspricht (43x5). Ziehen wir ca. 5 Feiertage ab, verbleiben noch 210 Tage. Jeden Tag ein durchschnittlicher Anstieg von 1,1 Cent - haben wir dieses Jahr somit noch 2,31 USD Kursanstieg vor uns. Rein statistisch natürlich!!!

Eigentlich keine schlechten Aussichten

[CovadFan]

Hallo,
Ich hab noch einen interessante Meldung gefunden:

[covadcommunications] Voice on the Net Coalition Announces New Leadership:

February 27, 2006

The Voice on The Net (VON) Coalition, representing leading companies
on the cutting edge of developing and delivering voice innovations
over the Internet, today announced new leaders to help promote a
policy framework that will allow consumers, businesses, and the
economy to take full advantage of VoIP benefits.

The VON Coalition, celebrating its 10th anniversary in March, re-
elected Staci Pies of PointOne as its President, elected Kathleen Ham
of T-Mobile as its Chairman of the Board, elected Angela Simpson of
Covad as Vice President, and re-elected Caitlin Clark-Zigmond of New
Global Telecom as Treasurer.

In addition, the VON Coalition elected new board members including:
Jonathan Draluck, iBasis; Kathleen Ham, T-Mobile; Christopher
Libertelli, Skype; Chris Putala, Earthlink; and Angela Simpson,
Covad. These are in addition to the Coalition`s existing board
members which include: Jonathan Askin, pulver.com; Paula Boyd,
Microsoft; Jeff Campbell, Cisco; Marjorie Dickman, Intel; and Staci
Pies, PointOne.

In a related statement to the press, Jim Kohlenberger, the VON
Coalition`s Executive Director said, "As VoIP transforms the way we
communicate, I am delighted the VON Coalition will have such an
impressive group of forward-thinking industry leaders helping to
shape the future. On the horizon are a set of transformative
improvements in the way we communicate that harness the power of the
Internet to deliver new voices, choices, and services. These leaders
recognize that with the right policy framework, emerging Internet-
based voice communications can boost broadband demand, make talking
more affordable, businesses more productive, communications more
accessible, and Americans more safe and secure."

Gruß, CovadFan

[CovadFan]

noch ein paar links über Presseberichte
aus dem Covadboard (Yahoo):

http://tinyurl.com/pc263

http://pennystockpick.blogspot.com/2006/03/penny-stocks-on-m…


http://www.gcn.com/online/vol1_no1/38374-1.html

[atitlan]

Es wird immer schöner

Jetzt 1,48 aber noch nicht mal ein KUV 2006 von 0,80.
Vergleiche zBs die Bewertung von QSC oder Jazztel.

Es erinnert an 2003, wenn Covad in ein halbes Jaher von 70 cent bis 7 dollar lief.

Die Markt glaubt wider an das riesigen Wachstumspotential. Die Phantasie is zurück.

Bald kreuzt die 50 Tageslinie die 200 Tageslinie.

[V.Mac]

sogar in der "Wikipedia" ist Covad schon beschrieben, ein Dank dem Autor Uwe Schwöbel

hier mal der Artikel:

Covad

aus Wikipedia, der freien Enzyklopädie

Covad Communications Inc. ist ein von Charles McMinn und Dhruv Khanna in den 90er Jahren des letzten Jahrhunderts gegründetes Kommunikationsunternehmen für den US-amerikanischen Markt.

Der Name Covad ist die Abkürzung für Converged Voice and Data. Damit sollte der Gesellschaftszweck der Firma zum Ausdruck gebracht werden, nämlich Sprache und Daten gemeinsam in einem Netzwerk zu übertragen. Die Firma betätigt sich hauptsächlich als Breitbandinternetprovider für kleine und mittlere Unternehmen, sowie als DSL-Provider. Nach dem Erwerb der Firma GoBeam 2004 bietet sie auch im Rahmen von Voice over IP (VoIP) Telefondienste an. Covad ist ein CLEC (Competitive Local Exchange Carrier), also ein Kommunikationsdienstleister, der im Wettbewerb mit den vorherrschenden Telekommunikationsunternehmen im US-Markt wie Verizon, SBC, Bellsouth und Qwest steht.

Dieser Wettbewerb wurde maßgeblich durch die Regulierung im Telekommunikationsmarkt während der Regierungszeit von Präsident Bill Clinton hergestellt, und im Telecommunications Act von 1996 (TA96) ausgedrückt. Seit der Amtsübernahme von Präsident George W. Bush im Jahr 2000 ist es jedoch zu einem Politikwechsel gekommen, der auch seinen Niederschlag in der Telekommunikationsregulierung durch die FCC (Federal Communications Commission, die Regulierungsbehörde) gefunden hat. Seitdem ist der Einfluss der CLECs geschwunden, derjenige der vorherrschenden Telekommunikationsunternehmen hat zugenommen. Dadurch hat sich auch die Wettbewerbssituation für Covad verschlechtert.

Covad beschäftigt 2005 ca. 1400 Mitarbeiter.

--------------------------------------------------------------------

V.Mac

[CovadFan]

Hier noch mal zum anschauen, wovon Atitlan berichtete

http://stockcharts.com/h-sc/ui?c=dvw

[atitlan]

Realtime 1,63 ( 16:29 ) 0,15 / 10,14%

[atitlan]

Realtime 1,67 ( 18:03 ) 0,19 / 12,84%

[V.Mac]

Das ist ja heute mal ein Ding!

Seit mehr als 2,5 Jahren mit DVW (COVD) wieder im Plus!

Liegt wohl an den Nachkäufen meinerseits, dass endlich dieses häßliche Minus aus der Depotbewertung verschwindet.

So kann es weitergehen.-

V.Mac

[stephi06]

Jo, schließe mich an. Ab heute ist alles grün. Wenn`s aber jetzt wieder auf 7 USD geht, werde ich nicht vergessen, den Stopp-Loss richtig zu setzen ....

[V.Mac]

war es heute nur diese Meldung?

Covad to Present at Thomas Weisel Partners Internet and Telecom Conference
MONDAY, MARCH 06, 2006 1:45 PM
- BusinessWire
DVW 1.66 +0.18
SAN JOSE, Calif., Mar 06, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , a leading national provider of integrated voice and data communications, today announced it will present at Thomas Weisel Partners Internet and Telecom Conference on Thursday, March 9, 2006 in San Francisco. Chris Dunn, chief financial officer will speak at the event. The company is scheduled to present at 6:15 p.m. EST/3:15 p.m. PST.

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.

------------------------------------------------------------------------

V.Mac

[atitlan]

Gestern wurde ein neus Jahreshoch gefestigt, sogar auf ein Tag mit ganz rot USA Börsen.

Wieter kreuzte die 50 Tagelinie die 200 Tageslinie

Long-term crossovers carry more weight than short-term events. The Golden Cross represents a major shift from the bears to the bulls. It triggers when the 50-day average breaks above the 200-day average.

Citat aus
http://www.tradingday.com/c/tatuto/movingaveragecrossovers.h…

[atitlan]

Realtime §1,73 ( 16:03 ) 0,07 / 4,22%

Endlich mal wieder richtig spass.

[CovadFan]

Die Analyse von New York Global Securities gibts unter folgendem link:
http://groups.yahoo.com/group/covadcommunications/files/NYGS…

CovadFan

[V.Mac]

der Link funzt ohne Anmeldung bei Yahoo nicht, bitte mal den Text hier her kopieren, sofern möglich.

V.Mac

[CovadFan]

Hab nur die ersten 2 Seiten aus einer 11 seitigen Pdf-Datei kopiert:

See important disclosures and analyst certification on pages 10 - 11 of this report.
Covad Communications Group
DVW: 4Q05 Shows Dramatic Progress Buy
Statistics
Closing Price $1.22
52 Week High $1.74
52 Week Low $0.65
Beta 2.67
Market Cap (MM) $325
Avg Daily Volume (3 mo.) 1,599,658
Shares Outstanding (MM) 266
Cash / Share $0.38
Debt / Total Cap (%) NM
Dividend Yield NA
Long Term Growth Rate 10.0%
Company Description
Covad provides voice and data services to both enterprises
and consumers. The company sells services directly to end
users and through wholesale partners. Covad`s nationwide
network covers approximately 117 metropolitan markets,
passing over 57 million homes and businesses.
Keith Dalrymple
[e-mail]
1-646-218-8605
Summary:
Covad reported financial results for 4Q05 that exceeded our expectations
and point to a rapidly improving P&L. Revenue for the quarter was $113.7
MM, slightly ahead of our forecast of $112.8 MM. The real excitement was
in improvements in the operating metrics. Gross margins, operating
margins and EBITDA all improved significantly from the prior quarter.
Covad remains a story of rapidly improving operating metrics on modest
revenue growth. We reiterate our Buy recommendation based on this
strong performance and the likelihood of continued improvement in
financial metrics. In our view, the company remains a compelling
turnaround story.
Key Points:
n Better than expected financial results for 4Q05. Revenue of $113.7
MM was ahead of our $112.8 MM forecast. Gross margins of 31.7%
exceeded our forecast of 27.3%.
n Improving operating metrics. Operating expenses declined to $53.8
MM from $55.6 MM in the prior quarter, in line with our forecast.
Reported and adjusted EBITDA were ($3.4) MM and ($5.0) MM,
respectively. Both compared well with our forecast of ($10.2) MM and
3Q05 EBITDA of ($11.9) MM.
n Hosted voice picking up steam. Overall, revenue was in line with our
forecasts. However, hosted voice bested our estimate by 8.9%, growing
25% sequentially. Moreover, guidance for hosted voice revenues in
1Q06 was particularly strong.
n P&L is shaping up. Expense reductions and a focus on high-margin
customers are rapidly translating into a much improved P&L, as we
expected. We anticipate further improvement in the operating metrics
throughout the year.
n Adjusting forecasts. We are adjusting forecasts to reflect both
management`s guidance and the shifting dynamics of the broadband
market. Both our revenue and EBITDA forecasts are modestly lower.
n Reiterating Buy rating. We believe that after a difficult 2005, Covad is
at long last hitting stride. Strong trends in business connectivity, hosted
voice and a sharp focus on expense lines will help drive further
improvements in the P&L as the year progresses. Upside remains, and
we reiterate our Buy rating.
n IP Communications list. To be added to our IP Communications list
email [e-mail] or contact your NYGS sales
representative.

[V.Mac]

Vielen Dank fürs rüberbringen der Info.

Weiter gehts mit tagesaktuellen Meldungen:

Covad Channel Partner CICAT Networks Signs National Broadband Deal With Pacific Sunwear
THURSDAY, MARCH 09, 2006 8:00 AM
- BusinessWire
SAN JOSE, Calif., Mar 09, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , 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.

-------------------------------------------------------------------------------

Das klingt doch wieder gut und dem Kurs hilft es heute auch wieder in die Höhe.

Weiter so.

V.Mac

[arnouxx]

Bin nach einer Woche Skiurlaub aus Ösiland zurück und Covad ist sehr gut gestiegen. Für mich aber etwas zu schnell! Wenn es jetzt so rasant weiter geht, erhalten wir wieder extreme Kursausschläge und es fällt schwer, die möglichen Kurs-Spitzen zu erkennen.

@Stephi. Wo willst du denn einen sinnvollen Stop-Kurs platzieren?

Allgemein: Wenn Covad in den nächsten Wochen (10-12 Wochen) rasant weiter steigt, wo seht ihr die Kursziele? Wo würdet ihr aussteigen? Die 7 USD sind sicher eine Orientierung. Aber daran werden sich viele Trader orientieren und wenn Covad doch weiter steigt, ist es auch ärgerlich. Viele könnten auch nochmals einsteigen, wenn die alten Hochs überwunden werden.

Bin auf eure Antworten gespannt.

Arnouxx

[stephi06]

Hallo Arnouxx, aktuell mache ich mir noch keine Gedanken über einen Stopp-Loss, aber das letzte mal hat es mich schon ein wenig geärgert dass ich nicht verkauft habe. Allerdings war ich damals auch nur mit ca. 10% des Wertes mit dem ich heute investiert bin dabei. Also wenn wir uns wieder der 1,20$-Marke nähern werde ich mich wohl erst mal verabschieden . Aber ca. 30 % unter aktuellem Kurs werde ich bei steigenden Kursen eine Marke setzen. Was meinen die anderen?

[CovadFan]

Hallo Steffi und Arnouxx,
Ich hab mich 2003 nach dem 7 Dollar-Hoch, auch sehr geärgert, als der Kurs wieder einbrach.
Aber heute ist Covad doch ein ganzes Stück besser aufgestellt, und benötigt wahrscheinlich
auch noch so 5 Jahre bis
zur Entwicklung eines "Riesen".
Meine Anteile werd ich dann sicher auch noch haben.

Lassen wir uns Überraschen,
ob die alten Höhen wieder erreicht oder getoppt werden.

CovadFan

[V.Mac]

eine Meldung zu Lisa Hook, die in der Führungsriege von Covad mit dient (scheinbar eine fähige Dame)

SunRocket Names Lisa Hook President and Chief Executive Officer; Telecom and Media Veteran to Lead SunRocket`s Rapid Expansion and Development of Enhanced Internet Communications Services
WEDNESDAY, MARCH 15, 2006 9:00 AM
- BusinessWire
DVW 1.68 +0.16

VIENNA, Va., Mar 15, 2006 (BUSINESS WIRE) -- SunRocket, one of the nation`s fastest-growing Internet phone service providers, announced today that Lisa Hook has been appointed President and Chief Executive Officer.

"Lisa Hook is an outstanding choice to lead SunRocket`s emergence as a household brand in Internet communications. We are very excited to welcome her as President and Chief Executive Officer," said Paul Erickson, SunRocket Chairman and co-founder. "Lisa has unique experience in launching and scaling consumer services in the broadband arena and shares our passion for delivering enhanced services to consumers at an incredible value."

"SunRocket is in an extraordinary position to deliver unique communications solutions to consumers," said Hook. "Voice-over-IP technology is now ready for mass market adoption, and SunRocket`s laser focus on consumer value and simplicity will allow it to emerge as the nation`s premier choice of Internet phone service, bringing value-added services quickly to market in an exciting way."

A widely respected telecommunications and media veteran, Hook most recently was President of AOL Broadband, Premium and Developer Services, where she grew the AOL Broadband service from 300,000 subscribers to over five million subscribers in less than two years. She also created AOL`s Premium Services business in early 2003, which grew to over two million subscribers by year-end 2004. Earlier, Hook launched AOL`s wireless and voice services businesses.

Prior to joining AOL in 2000, Hook was a partner at Brera Capital Partners LLC, a private equity firm focused on media and telecommunications. She also served in a number of executive roles with Time Warner, Inc. including Executive Vice President and Chief Operating Officer of Time Warner Telecom, Special Advisor to the Vice Chairman and Vice President of Time Warner, Inc., managing telecom-related transactions.

Earlier in her career, Hook served as the Legal Advisor to the Chairman of the Federal Communications Commission and as Senior Attorney at Viacom International Inc., where she oversaw the legal department of Viacom`s cable division. Hook started her career with the international law firm of Hogan & Hartson in Washington, D.C.

Hook serves on the boards of Covad Communications Inc. (DVW) , Reed Elsevier (ENL) , National Geographic Ventures, and K12, Inc.

"With SunRocket`s growth accelerating and with new markets opening up, we are thrilled to have attracted Lisa to the team," said Janice Roberts, Managing Director of Mayfield Fund and a lead investor. "She clearly brings both the leadership skills and relevant industry experience needed to build the first world-class Internet communications company."

In just over a year since introducing nationwide service, SunRocket has emerged as the 2nd fastest growing independent provider of residential Internet phone service, now available to 75% of U.S. households. Offering the nation`s only annual, all-inclusive Internet phone service for a flat price of $199 per year, SunRocket continues to gain traction in the marketplace as it rapidly closes in on the 100,000 customer mark.
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Wenns dem Kurs hilft.......heute scheinbar schon.

V.Mac

[V.Mac]

ich habe so das Gefühl, dass die Aktie weiter rauf will. Heute wieder ein sattes Kursplus.

Um bei den vorher diskutierten Kurszielen auch meinen Senf dazuzugeben:

Schön wäre es, wenn wir mal deutlich die 2,50 USD überschreiten würden. Das wäre dann für mich der Punkt, einen Teil zu verkaufen.

Langfristig (auf Sicht von 2 oder mehr Jahren) denke ich schon, dass es wieder auf die 7-10 USD gehen sollte.

V.Mac

[atitlan]

EarthLink and Covad Announce Additional Markets for Innovative Bundle of Voice Services and High-Speed Internet
Thursday March 16, 7:00 am ET
EarthLink Investment to Bring Voice and High-Speed Bundle to 8 Additional Cities

SAN JOSE, Calif. and ATLANTA, March 16 /PRNewswire-FirstCall/ -- Covad (Amex: DVW - News), a leading national provider of integrated voice and data communications, and EarthLink (Nasdaq: ELNK - News), the nation`s next generation Internet service provider, today announced expanded Voice over IP (VoIP) market availability that will give EarthLink the ability to offer customers low-cost phone services bundled with high-speed Internet access in eight additional cities. EarthLink has agreed to provide Covad with $50 million in debt and equity financing to fund additional network build-outs that will bring Covad`s line-powered voice access to Atlanta, Chicago, Los Angeles, Miami, New York City, Philadelphia, San Diego, and Washington, D.C. Already, EarthLink provides DSL and Home Phone Service in Dallas, TX, San Francisco and San Jose, CA, and Seattle, WA.

Made possible through Covad`s line-powered voice access, EarthLink DSL and Home Phone Service provides an alternative to the local phone companies. Customers can sign up for a bundle of local and long distance phone service and high-speed Internet access using their existing phones, wiring and computer equipment. Like traditional phone service, EarthLink`s voice services will operate during a power outage, support enhanced 911 calling and offer custom calling features.

"With our Internet voice initiatives, we are reshaping our position in the marketplace and redefining what it means to be an ISP," said Garry Betty, EarthLink`s president and chief executive officer. "EarthLink DSL and Home Phone Service strengthens our role as a `Total Communications Company` by delivering one of the industry`s most comprehensive portfolios of voice and data products to meet our subscribers` growing communications needs."

"This agreement demonstrates the success of our strategy to target the residential market through strategic partnerships," said Charles Hoffman, president and CEO of Covad Communications. "By strengthening our relationship, Covad and EarthLink are better able to provide a consumer VoIP service that far exceeds the competition in both voice quality and features."

Covad`s line-powered voice access marries the "last mile" of traditional telephone copper wiring with EarthLink`s advanced VoIP features by taking advantage of the next-generation Digital Subscriber Line Access Multiplexer (DSLAM) technology that will enable Covad to offer higher-speed broadband access (ADSL 2+, G.SHDSL) and new business-class services such as metro Ethernet and bonded T1.

EarthLink customers will enjoy high quality service because their calls will be delivered over Covad`s and EarthLink`s managed national networks rather than the public Internet. Subscribers will also receive EarthLink`s award-winning customer service and Internet tools and services like spamBlocker, VirusBlocker(TM) and Spyware Blocker(TM).

In exchange for EarthLink`s new financing for Covad, EarthLink will receive $10 million in common stock and $40 million in convertible debt, due in 2011. Additional details on the investment will be disclosed by Covad and EarthLink in Form 8Ks to be filed with the Securities and Exchange Commission. This investment is subject to customary closing conditions. The closing is expected to occur before March 31, 2006.

[CovadFan]

Ist das der Anfang von "Durchbruch" ?
Was meint Ihr ?

[V.Mac]

schade, dass das Tageshoch bei 1,80 nicht gehalten hat. Ich bin aber weiter zuversichtlich.
Die letzte Meldung noch mal im Kurztext.

Covad Communications Group (DVW:Amex - news - research - Cramer`s Take) gained after the San Jose, Calif., company, which provides voice and data communications products and services, said EarthLink (ELNK:Nasdaq - news - research - Cramer`s Take) will provide $50 million in financing that will be used for more network-building.

EarthLink will receive $10 million in common stock and $40 million in convertible debt due in 2011. Shares of Covad rose 12 cents, or 7.3%, to $1.77.
----------------------------------------------------------------------------

V.Mac

[arnouxx]

Covad-Fans

Wie vermutet, haben wir jetzt hohe Kursausschläge. Schön für die Trader, wenn sie den richtigen Zeitpunkt erwischen. Wenn ich bei 1,80 USD verkauft hätte, wäre Covad wahrscheinlich weiter gestiegen. Daher fasse ich meine Position momentan nicht an. Der Aufwärtstrend ist schließlich voll intakt und gute Meldungen erscheinen fast täglich.

Aber die 1,80 sind jetzt wohl ein kleiner Wiederstand, der genommen werden muss.

[atitlan]

Jefferies raises their DVW tgt to $2.50 from $1.50 as they believe the ELNK agreement further validates the quality of DVW`s nationwide network.
Firm believes certain near term catalysts could help further propel the stock including: i) ELNK new market launch, ii) deals w/ other ISPs & iii) EBITDA/FCF positive by YE06

[CovadFan]

@ATITLAN
Hi Peter kleine Korrektur:
Kursziel ist auf 2 Dollar gesetzt worden (immerhin)

http://briefing.com/Investor/Public/MarketAnalysis/Calendars…

Gruß aus Köln

[CovadFan]

Noch ein Link zum aktuellen Thema Earthlink (endlich mal was in deutscher Sprache):

http://de.internet.com/index.php?id=2041967§ion=Marketing-Ne…

[CovadFan]

kleiner Fehler im Link.
Hier nochmal:

http://de.internet.com/index.php?id=2041967§ion=Marketin…

[CovadFan]

Da Wallstreet online immer etwas von diesem Link abschneided, dann eben jetzt anders:

http://tinyurl.com/q9ptv

[atitlan]

@CovadFan

Es tut mir leid. Jemand muss das Kursziel geändert haben. Ich hatte die Tekst so übernommen von message 64344 aus dem Yahoo Covad board. Es wurde in der Tat später korrigiert. Allerdings Jeffries sieht ein zusätsliches Potenzial von $0,50 wenn bald mehr solche Deals kommen werden.

Schöne Grüsse von ein Holländer aus Kleve

[atitlan]

Cisco Systems Inc. announced at COMPTEL that two of its carrier customers, Covad Communications Group Inc. and Cbeyond Communications, are reporting traction with their Cisco-based IP communications services.

Covad, for example, added more than 580 new business customers for its managed IP services in 2005. Covad`s business-class VoIP services, vPBX and PBXi Plus, use Cisco integrated service routers (ISRs), integrated access devices (IADs), Catalyst Series switches and Cisco IP Phones at the customer premises. The services are delivered over a converged IP and ATM backbone with Cisco ATM switches in the core and Cisco 7600 Series routers at the edge with AS 5350s for PSTN access.

“Managed IP communications services are increasingly attractive to our business users due to the enhanced productivity and cost reduction they offer,” said Claude Tolbert, Covad’s senior vice president of product solutions, planning and priorities. “Working with Cisco to develop and promote our vPBX and PBXi Plus services, we have increased both our revenues and customer retention. With such results, it’s easy to see why we are pleased to be a part of the Cisco Powered Network program.”

Similarly, Cbeyond’s offering has been embraced by more than 20,000 SMB customers who subscribe to the service; customer retention exceeds 99 percent per month. The offering includes local and long-distance service, high-speed Internet access, mobile voice and data, and a variety of business applications like VPN, e-mail, data backup, file sharing and more.

Cbeyond`s offering is based on the Cisco IP Next Generation Network architecture, and features Cisco IAD 2400 Series, Cisco 10008 Series edge services routers, Cisco Catalyst 6500 Series switches, Cisco 7200 Series routers, AS5850 gateways and the Cisco BTS 10200 softswitches.

“Cisco was extremely supportive of our concept to build a stable, converged platform that would enable us to bring productivity-enhancing communication services to the underserved small business market,” said Brooks Robinson, chief marketing officer for Cbeyond. “Working with Cisco, we’ve developed powerful, robust communications solutions that have traditionally been out of reach for small businesses.”


http://www.newtelephony.com/news/63h1616155860067.html

[V.Mac]

noch was von heute:

Bandwidth.com and CompUSA Choose Covad`s Voice Optimized Access for their VoIP Offer
MONDAY, MARCH 20, 2006 11:47 AM
- BusinessWire
DVW 1.93 +0.19

SAN JOSE, Calif., Mar 20, 2006 (BUSINESS WIRE) -- Covad Communications Group, Inc. (DVW) , 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.


-----------------------------------------------------------------------------

V.Mac

[V.Mac]

der positive Newsflow der letzten Tage und eine auf "kaufen" erhöhte Empfehlung von Needham sorgen zur Zeit dafür, dass wir rekordverdächtige Höhen im Kurs sehen.

Weiter so.....

V.Mac

[V.Mac]

Meine Vermutung wird bestätigt:


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.
-----------------------------------------------------------------------------------------------

So ist es schön, der Frühlingsanfang!! Draussen warm und sonnig, im Depot scheint auch die Sonne....


V.Mac

[stephi06]

Kostolany hat mal wieder Recht mit seinem "Schmerzensgeld". Es darf ruhig noch ein paar Tage gezahlt werden. Schlusskurs bei 2,01 $. Kann man nicht meckern ...?

[V.Mac]

jaja, das ging schneller, als man denkt. Die 2 USD sind wirklich nicht schlecht. Mal sehen, wie lange es dauert, bis es zu einer ersten Korrektur kommt und auf welchem Niveau sie stattfindet.

Auf alle Fälle gab es auch einen ordentlichen Umsatz von rund 9,4 Mio St., das liegt deutlich über dem Tagesdurchschnitt. Ich denke, es überwiegt die Käuferseite, das begründet ja auch die steigenden Kurse. Bin ja gespannt, wie lange die Nachfrage noch anhält.

V.Mac

[arnouxx]

Covad rennt!!!

Ist jetzt aber auch etwas heiss gelaufen. Mit einer Korrektur rechne ich gleichfalls. Aber momentan ist es schwer zu beurteilen, wie lange die Aktie getrieben wird. Wenn ihr verkauft, könnt ihr es hier kurz melden.

Momentan ist Covad jedenfalls absolut interessant.

[robocop15]

Warum soll ich das Teil verkaufen?
Die liegen schon so lange im Depot - ich würd Sie einfach vermissen!!!

Gehören zum Inventar und bleiben im Depot bis der Wert mehrfach 2stellig ist

Aber Spaß beiseite: Stand vor Jahren kurz vor der Entscheidung Covad in Akamai umzuschichten - hatte leider keinen MUM : Was daraus wurde könnt Ihr Euch ja mal anschaun.........

[arnouxx]

@Robo

Covad verkaufe ich momentan selber auch nicht, trotz der Kursschwankungen. Den Tradern kann es ja Spass machen, wenn sie den korrekten Zeitpunkt erwischen. Ist jedoch auch nicht einfach.

Deine Akamai ist schön gelaufen. Stand 2003 irgendwo bei 2€. Dann der Anstieg 2004 auf 15 €. Jetzt geht es auf 25€ zu. Aber wenn Covad sich ver7-facht wie Akamai 2003/2004, ist es auch sehr schön.

[Luemmel203]

DVW - COVAD COMM GROUP INC (AMEX)
Date Open High Low Last Change Volume % Change
03/21/06 2.05 2.18 2.04 2.13 +0.12 3269400 +5.97%



Composite Indicator -- Signal -- -- Strength -- -- Direction --
Trend Spotter (TM) Buy Maximum Strongest

Short Term Indicators
7 Day Average Directional Indicator Buy Maximum Strongest
10 - 8 Day Moving Average Hilo Channel Buy Maximum Strongest
20 Day Moving Average vs Price Buy Maximum Strongest
20 - 50 Day MACD Oscillator Buy Maximum Strongest
20 Day Bollinger Bands Buy Strong Strongest

Short Term Indicators Average: 100% - Buy

Medium Term Indicators
40 Day Commodity Channel Index Buy Weak Strongest
50 Day Moving Average vs Price Buy Maximum Strongest
20 - 100 Day MACD Oscillator Buy Maximum Strongest
50 Day Parabolic Time/Price Buy Maximum Strongest

Medium Term Indicators Average: 100% - Buy

Long Term Indicators
60 Day Commodity Channel Index Buy Maximum Strongest
100 Day Moving Average vs Price Buy Maximum Strongest
50 - 100 Day MACD Oscillator Buy Maximum Strongest

Long Term Indicators Average: 100% - Buy

Overall Average: 100% - Buy

[V.Mac]

Noch zwei Kaufbekräftigungen. wobei Jeffries vom letzten Freitag wohl schon überholt scheint....:

Update Covad Communication Group Inc.: Buy
Quelle: Kaufman Bros., LP
Datum: 21.03.06

Die Analysten von Kaufman Bros., LP bewerten in ihrer Analyse vom Dienstag, 21. März 2006 die Aktie von Covad Communication Group Inc. nach wie vor mit dem Rating "Buy". Das Kursziel für die Aktie liegt momentan bei 3 $.
-------------------------------------------------------------------------------
Update Covad Communication Group Inc.: Buy
Quelle: Jefferies & Co
Datum: 21.03.06

Die Analysten von Jefferies & Co bewerten in ihrer Analyse vom Freitag, 17. März 2006 die Aktie von Covad Communication Group Inc. nach wie vor mit dem Rating "Buy". Das Kursziel für die Aktie liegt momentan bei 2 $.
-------------------------------------------------------------------------------

V.Mac

[stephi06]

Bekanntes noch mal mit anderen Worten ...

Covad erhält Finanzspritze von EarthLink

SAN JOSE - Der US-Breitbandspezialist Covad Communications Group (AMEX, WKN: 918421) erhält von Amerikas zweitgrößtem Internet Service Provider EarthLink (WKN: 934498) eine Finanzspritze von 50 Mio. US-Dollar. Die finanziellen Mittel will Covad zum Ausbau seiner Internet-Telefoniedienste in Atlanta, Chicago, Los Angels, Miami, New York, Philadelphia, San Diego und Washington DC nutzen.

Gleichzeitig stellten die beiden Firmen neue VoIP-Lösungen für EarthLink-Kunden vor. Demnach steht für EarthLink-Kunden ab sofort ein Produkt-Bundle bestehend aus VoIP-Services und Breitbandzugang in insgesamt acht weiteren Städten zur Verfügung.


Im Gegenzug für die bereit gestellten Finanzmittel erhält EarthLink Covad-Anteile im Wert von zehn Mio. Dollar, sowie Wandelschuldverschreibungen im Volumen von 40 Mio. Dollar. Covad sieht sich als führender nationaler Breitband- und Sprachserviceanbieter in den USA. Das Unternehmen bietet neben DSL-, auch VoIP-, T1-, Web Hosting- und Managed Security-Services an. Allerdings wird die Gesellschaft im laufenden Jahr noch Verluste schreiben und erst im nächsten Jahr den Sprung in die Gewinnzone schaffen, wenn es nach den Prognosen der Analysten geht. (ami)

[CovadFan]

Nach 2 Buy-Ratings von JEFFERIES und Kaufmann fehlt nur noch StrongBuy von Needham

[Luemmel203]

DVW - COVAD COMM GROUP INC (AMEX)
Date Open High Low Last Change Volume % Change
03/22/06 2.11 2.15 2.05 2.12 +0.04 3469300 +1.92%



Composite Indicator -- Signal -- -- Strength -- -- Direction --
Trend Spotter (TM) Buy Maximum Strongest

Short Term Indicators
7 Day Average Directional Indicator Buy Maximum Strongest
10 - 8 Day Moving Average Hilo Channel Buy Maximum Strongest
20 Day Moving Average vs Price Buy Maximum Strongest
20 - 50 Day MACD Oscillator Buy Maximum Strongest
20 Day Bollinger Bands Buy Average Strengthening

Short Term Indicators Average: 100% - Buy

Medium Term Indicators
40 Day Commodity Channel Index Buy Average Strongest
50 Day Moving Average vs Price Buy Maximum Strongest
20 - 100 Day MACD Oscillator Buy Maximum Strongest
50 Day Parabolic Time/Price Buy Maximum Strengthening

Medium Term Indicators Average: 100% - Buy

Long Term Indicators
60 Day Commodity Channel Index Buy Maximum Strongest
100 Day Moving Average vs Price Buy Maximum Strongest
50 - 100 Day MACD Oscillator Buy Maximum Strongest

Long Term Indicators Average: 100% - Buy

Overall Average: 100% - Buy

[CovadFan]

leider "nur" buy-Rating von Needham:
Covad Communications upgraded to "buy"

Wednesday, March 22, 2006 11:54:57 AM ET
Needham & Co

NEW YORK, March 22 (newratings.com) - Analyst Greg Mesniaeff of Needham & Co upgrades Covad Communications Group Inc (COVD.NAP) from "hold" to "buy," while raising his estimates for the company. The 12-month target price is set to $3.00.

In a research note dated March 20 and published this morning, the analyst mentions that the company continues to aggressively implement cost control measures. Covad Communications is poised to benefit from rising demand from Internet service providers for DSL and T1, the analyst says. Needham & Co expects the company to generate positive EBITDA in 3Q06. The EPS estimate for FY06 has been raised from -$0.21 to -$0.20.


CovadFan

[V.Mac]

was neues:

Vodavi Announces Agreement with Covad to Provide New Hosted VoIP Phones for the Very Small Market
THURSDAY, MARCH 23, 2006 9:15 AM

PHOENIX, Mar 23, 2006 (BUSINESS WIRE) -- Vodavi Technology Inc. (VTEK) today announced it will provide Covad Communications (DVW) , 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."

--------------------------------------------------------------------------------------------------------

V.Mac

[V.Mac]

ist zwar nix neues, wird aber als aktuelle Meldung präsentiert, mit aktuellen Zahlen versehen.

Company Profile for Covad Communications Group Inc.
FRIDAY, MARCH 24, 2006 5:01 PM
- BusinessWire
DVW 2.13 +0.03

Mar 24, 2006 (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: [phone]

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: [e-mail]

-------------------------------------------------------------------------------------------------------------------

....wenn´s dem Kurs hilft.........

und einen schönen Urlaub für die nächsten zwei Wochen wünsche ich mir und dass ich eine positive Überraschung mit DVW erlebe.....


V.Mac

[CovadFan]

Antwort auf Beitrag Nr.: 20.944.924 von V.Mac am 24.03.06 23:22:52

schöner Werbeclip von earthlink.

http://www.earthlinkdslandphone.com/?CampaignID=lpv

[Luemmel203]

NEWS NEWS NEWS

COVAD COMMUNICATIONS GRP Quick Quote: DVW 1.94 (-0.11)




Stockwire.com: The Movers and Shakers Blog, Part 1:
3/28/2006

MIAMI, Mar 28, 2006 (M2 PRESSWIRE via COMTEX) --
We like stocks trading big dollar value volume! A very interesting indicator to look for is where the money is flowing into. We have a filter that we watch every morning that shows us "Dollar Volume". We also like stocks that are trading at bargain prices. As of 10:30AM, a couple of these stocks are: (AMEX: BIO), (AMEX: DVW), (AMEX: TRE), (AMEX: GGR)

For the fiscal year ended 31 December 2005, Bio-Rad Laboratories, Inc.'s revenues rose 8% to $1.18B. Net income from continuing operations rose 17% to $77.6M. Results reflect organic growth in Bio-Rad's two main business segments. Net income benefited from improved operating margins due to foreign exchange gains, increased other income, absence of purchased in-process research and development expense.

For the fiscal year ended 31 December 2005, Covad Communications Group Inc.'s revenues rose 3% to $443.2M. Net loss decreased 74% to $15.7M. Revenues reflect higher income from broadband services. Lower loss also reflects decrease in depreciation & amortization of property & equipment, decreased amortization of collocation fees & other intangibles, presence of gain on deconsolidation of subsidiary and gain on sale of equity securities.

For the three months ended 30 November 2005, Tanzanian Royalty Exploration Corp. reported no revenue. Net loss before U.S. GAAP adj. decreased 9% to C$403K. Revenues reflect the Company is in exploration stage. Net loss reflects the absence of annual general meeting expense and capital tax expense, lower consulting and management fees, decrease in press release expense, lower printing and mailout expense and decrease in foreign exchange loss.

For the nine months ended 30 September 2005, GeoGlobal Resources Inc. reported no revenues. Net loss decreased 12% to $592.7M. Revenues reflect the absence of operations. Lower loss reflects decreased consulting fees, depreciation & depletion charges and increased increased interest income. GeoGlobal Resources Inc., is engaged in the exploration and development of the oil & natural gas reserves in India.

As a trader, a very intelligent place to put your money, is where the money is flowing into. These are the kind of trades that you want to get into.

As the saying goes...follow the money!

To see the complete Movers & Shakers Blog go to: http://www.stockwire.com .

Stockwire.com is an online financial destination where investors can go to research new investment ideas. We are focused on finding emerging growth companies that do not necessarily have widespread analyst coverage on Wall Street. The site also provides investors with full coverage of quotes, charts, and news for all publicly listed stocks in the U.S.

Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on http://www.stockwire.com Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. Reproduction without written permission is prohibited.

CONTACT: Stockwire Research Group Inc Tel: [phone] e-mail: [e-mail]

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [e-mail].

(C)1994-2006 M2 COMMUNICATIONS LTD ********************************************************************** As of Friday, 03-24-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated an UPTREND on 03-13-2006 for BIO @ $88.61. (C) 2006 Comtex News Network, Inc. All rights reserved.

[CovadFan]

The Race to Replace UNE-P

Wieder ein viel zu langer Text zum kopieren.

http://www.fatpipeonline.com/features.php?feature_id=52

CovadFan

[CovadFan]

Antwort auf Beitrag Nr.: 21.046.826 von CovadFan am 02.04.06 22:24:43

Feels Like UNE-P
DSL provider Covad, which has negotiated agreements with most of the
RBOCs, now is working on an alternative option for UNE-P
providers: "line-powered voice" or LPV.

McMorrow calls LPV a "true UNE-P replacement service" because it
allows customers to use their existing phones and wiring and does
not require them to install any additional equipment, as the BYOB
model does. "And it will be priced very comparably to yesterday's
UNE-P prices," he says.

"We use our current network infrastructure in order to lease a
copper line from the phone company and basically replicate what the
phone company does over that last mile," says McMorrow.

The service uses DSLAM technology and voice cards to provide an
analog voice signal to the home. And, unlike DSL, line-powered voice
access is not distance sensitive.

Covad is launching trials for its line-powered voice service this
quarter with several partners, including Trinsic. Grillo says the
LPV solution lets Trinsic serve the two-to-six line customers more
cost effectively and go down market beyond where a T-1 product
stops.

"We've had very good success in the Tampa market, and depending on
how the trial with them goes, we think we'll probably be expanding
that access offering in other business markets too," says Grillo.

[arnouxx]

Nachdem Covad gestern die 2,0 erneut geschafft hatte, ging es leider wieder auf 1,86 zurück. Kein schönes Ergebnis. Noch ist der steile Aufwärtstrend intakt.

Aber ich glaube, dass wieder einige News kommen müssen, um unsere Covad erneut anzuheben. Aber positive News sind ja bei Covad in letzter Zeit sehr häufig gekommen. Da ich kein Covad-Trader bin, ist mir ein verlässlicher Aufwärtstrend immer noch am liebsten.

[CovadFan]

Da wurde mal wieder Covad erwähnt:

04/04/2006
Dow Jones News Services
(Copyright © 2006 Dow Jones & Company, Inc.)



By Roger Cheng
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--While video on the cell phone was merely a
gimmick last year, it's become a full-blown feature and will be one
of the main focuses at this year's CTIA Wireless trade show.

The event, which kicks off Wednesday in Las Vegas, will highlight
video content that will be available to consumers, from live
television to downloadable film clips. With traditional voice
revenue falling as competition steepens, video and other data
services such as music are becoming more important streams of cash
for the carriers.

They've already got their foot wet in the business. Verizon
Wireless, for instance, has exclusive deals with singers such as
Shakira, while Cingular Wireless has a deal to distribute HBO
programming on its phones. Still, customers have yet to fully
embrace the technology - a recent study by the NPD Group showed that
while 28% of phones had video capabilities, only 1% of the
subscribers actually used them.

Industry experts say the success of the Apple Computer Inc. (AAPL)
video iPod will make people more amenable to the feature. Either
way, wireless companies will get a chance to show the more than
40,000 attendees why they need mobile television this week. Last
year, 35,000 attended the show in New Orleans.

Like last year, a high-profile mobile reseller will make its debut
at the show. Last year, ESPN unveiled its ESPN Mobile service, which
is powered by Sprint Nextel Corp.'s (S) network. This year, parent
Walt Disney Co. (DIS) is looking to bring out a family-friendly
service and will make its announcement Wednesday.

The emergence of companies reselling wireless service, also known as
mobile virtual network operators, presents an interesting dynamic
for the industry. On one hand, it provides additional revenue to the
company providing the network backbone. It also goes after niche
customers that the larger carriers haven't been able to reach.

But it also crowds the field with many different players, where some
are bound to bump heads. In addition to Disney and ESPN, Virgin
Mobile has been particularly successful with its service, while
Amped Mobile and Boost Mobile all target essentially the same age
bracket. Amped said it is targeting a higher-end customer. Sprint,
which jointly owns Virgin Mobile with Virgin Group (VGN.YY) and also
owns Amped, said the two target different markets within the same
demographic.

In addition to the service, the handset manufacturers are expected
to unveil their latest and greatest phones. Watch players such as
Nokia Corp. (NOK), Motorola Inc. (MOT) and Samsung Corp. (000830.SE)
pull out all the stops as they pile more features onto the phone.

Also returning will be the wireless home display. It features
a "crash-proof" car that wirelessly communicates with the road,
plasma-screen televisions that don't require cable boxes, medicine
cabinets that can monitor a person's vital signs, and a refrigerator
that will tell you when the milk is running low.


Converging Networks

On the infrastructure side, companies such as Lucent Technologies
Inc. (LU) will be pushing Internet protocol multimedia subsystems,
or IMS, technology. The technology will allow the eventual migration
of separate wireless and wireline networks under one Internet-based
one. The convergence of different networks offers a more efficient
cost structure for the carriers.

IMS will also be able to speed the adoption of cell phones that can
run on both the cellular and wireless fidelity networks. They are
just starting to hit the market, and will also be a major feature at
CTIA. STMicroelectronics N.V. (STM) will unveil a phone that can run
on two different bands of wi-fi frequencies. Matthew Hatch, general
manager of the wireless local area network business unit, said that
as more people use wi-fi, capacity will be an issue. A phone that
can use multiple bands will have a better chance of a clear
connection.

The phone is designed for business customers, but it could
eventually be a product that consumers want. "It could be a real
killer application for mobile phones," Hatch said. The business
could be a real growth engine for the company, he added.

Also garnering attention will be WiMax, which is often characterized
as "wi-fi on steroids." The technology received certification in
January, and deployments around the world have begun. Manish Gupta,
an executive with privately held Aperto Networks, said the U.S.
carriers are "sitting on the fence here."

Aperto manufactures bay stations, radios and the antennas that make
up the infrastructure for a WiMax network. Gupta said companies such
as EarthLink Inc. (ELNK) and Covad Communications Group Inc. (DVW)
could use the technology to create a national footprint.

-By Roger Cheng, Dow Jones Newswires; 201-938-2020;
[e-mail]

[arnouxx]

Heute rennt Covad wieder wahnsinnig. Nicht einfach hier die Nerven zu behalten.

Gibt es eine Nachricht dazu? Wenn Covad das Hoch 2,19 USD in den nächsten Tagen überwindet, werden wir bald auch die 3 sehen.

[stephi06]

Das ist alles was ich finden konnte, aber ob dass den Anstieg heute verursacht, bezweifle ich. Ist mir aber auch eigentlich egal solange es nach oben geht ....

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.

[CovadFan]

@ Bannermann:
Schade eigentlich, daß du deine Anteile schon verkauft hast,
oder ?

[atitlan]

2,24 ( 22:01 ) 0,41 / +22,40%

Umsatz 12.774.700

Was für ein Tag.

[stephi06]

Covadfan, aus welcher meiner Äußerungen kann man denn zu einer solchen Behauptung kommen?

[stephi06]

Antwort auf Beitrag Nr.: 21.095.078 von stephi06 am 05.04.06 22:42:18

Entschuldigung Covadfan, habe gerade gesehen, dass ich nicht gemeint war

[robocop15]

12 MIO gehandelte Stück - was war denn da los??
Weiss da irgendjemand mehr dazu? Wenn nicht auch egal, die richtung stimmt zumindest

[arnouxx]

Gestern ging es wieder mal abwärts. Unsere Covad ist eben sehr volatil.

Ich gehöre hier aber zu den Optimisten. Schließlich wurden unter hohem Volumen neue Höchststände erreicht. Bis Ende nächster Woche zeigt die obere Trendlinie einen möglichen Zielbereich 2,80 bis 2,85 USD an. Dieses wäre aber schon eine Übertreibung.

Lassen wir uns einfach überraschen.

[CovadFan]

Charles E. Hoffman, President und Chief Executive Officer
erarb heute das recht dazu
625.000 Covad Aktien für 2.14 $ zu kaufen.

Wink mit dem Zaunpfahl

[CovadFan]

Friday, April 07, 2006
Covad Communications - Symbol DVW - Merriman Curhan Ford Has A Target Of $5.00
Covad is a leading provider of Voice over IP, VoIP, and Broadband services.

As much as we dislike looking at a $2.00 stock, investment banking firm Merriman Curhan Ford has a target of $5.00 near term on DVW. We think this is due to expected positive earnings to be released and expansion of broadband services and partnership deals that have already been announced. Broadband services appears to be an explosive area to be an investor in at this time. We feel that we are on the ground floor on this investment. Stay tuned.
posted by ExpStkTrader at 11:08 AM 0 comments

[V.Mac]

so, kaum aus dem Urlaub zurück, war mein Blick erst mal auf mein Schätzchen hier gerichtet.

Wenn ich die letzten 14 Tage so betrachte, war es ganz gut für mein Nervenkostüm, von dem heissen Auf und Ab nix mitbekommen zu haben. Per Saldo steht Covad jetzt noch da, wo sie vor 14 Tagen auch schon war.

Also warten wir wir die nächsten Wochen mal mit ab.

V.Mac

[V.Mac]

schön, schön.....

heute Schlußkurs USA auf Tageshoch bei USD 2,35 = 1,94 €. Damit kann man doch was anfangen.

Das freut mich heute mal wieder. Allerdings habe ich auf die Schnelle nix Neues gefunden.

Dann könnten wir ja doch recht schnell die USD 2,50 sehen, was dann gut über 2 € wäre. Dann käme ich langsam in Versuchung, doch mal einen Teil zu verscherbeln. Warten wir mal weiter ab.

V.Mac

[V.Mac]

doch was gefunden:

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.
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mögliche Übernehmer bieten doch wohl nicht weniger als 5 USD, will ich doch hoffen.

V.Mac

[atitlan]

Antwort auf Beitrag Nr.: 21.153.361 von V.Mac am 10.04.06 23:45:09

Birch Telecom Chooses Covad's Voice Optimized Access to Power its Voice over DSL Services
Tuesday April 11, 8:00 am ET


SAN JOSE, Calif.--(BUSINESS WIRE)--April 11, 2006--Covad Communications Group, Inc. (AMEXVW - News), a leading national provider of integrated voice and data communications, and Birch Telecom, Inc. today announced a strategic partnership to migrate Birch's dedicated business DSL customers onto Covad's network. Birch Telecom, a telecommunications company offering service to twelve states in the Midwest and Southeast, will continue to operate its local and Internet network, partnering with Covad for last-mile DSL distribution.
"Serving Birch's high-value business customers underscores Covad's continued strategy to partner with companies that provide business-class services and to maintain our position as an alternative to the phone company in the business telecommunications marketplace," said David McMorrow, executive vice president of sales & marketing for Covad. "Voice Optimized Access (VOA) is yet another example of Covad's ability to innovate and enable partners like Birch."

"We chose Covad because they are a premier provider of DSL services. Covad's innovative Voice-Optimized Access product, combined with Birch's superior switching network and robust suite of applications, ensures that our customers will have a quality experience," said Allan Samson, vice president of product marketing for Birch Telecom. "The Covad partnership allows us to continue our focus on providing reliable products with excellent customer support and value-added services."

The implementation will begin immediately. Birch will maintain its relationship with the end customers who will now be served through Covad's network.

[arnouxx]

Fast täglich eine gute Meldung. Toller Aufwärtstrend

[CovadFan]

Hier ein paar Details zu dem nicht mehr ganz aktuellem Upgrade von Needham:

Covad Communications Group (DVW/AMEX) – Buy
DVW: Reiterating BUY rating and $3.00 price target. Current DSLAM upgrade decisions
based on expected multi-partner voice & data expansion.
We are reiterating our BUY rating and 12-month price target of $3.00
on DVW shares. Our thesis that Covad’s deepening ties with Internet
service providers such as EarthLink could potentially expand to
other major portals is supported by our conversations with the
company’s network planning personnel. We believe that DVW’s
recent decision to deploy Samsung next-generation DSLAMs was
based primarily on the platform’s ability to offer line-powered
broadband service simultaneously from multiple service providers,
other than just EarthLink.
Choice of Samsung based primarily on multi-partnering strategy.
We believe that last year’s RFP award for the next-generation DSLAM
to Samsung (away from incumbent Nokia) was based to a significant
degree on the AceMAP’s virtual IAD (Integrated access device)
feature that allows Covad to port any single subscriber to one of
several service providers on the back end of the platform.
We believe the deal with EarthLink spells more to follow. We think
that Internet service providers will be increasingly forced to seek out
alternative means of reaching customers with their own broadband
access. Covad is one of the few nationwide providers of alternative
broadband infrastructure (DSL and T1) that can fill this need.
Maintaining estimates and $3.00 price target. Our $3.00 target
implies an EV/2006 Revenue multiple of 2.3x, which we do not feel
is unreasonable against the current backdrop of improving sector
fundamentals and growing likelihood of upward Street estimate
revisions in 2006.
Company Update
Covad provides broadband communications
services to residential and business customers
through its nationwide broadband footprint.

2 An Investment Analysis by Needham & Company, LLC
Summary
Current DSLAM upgrade allows for multiple, concurrent voice and data
service provider partners. The recently announced $50 million investment by
EarthLink will be earmarked by Covad primarily to upgrade its Last Mile
infrastructure, mostly its installed base of Nokia D50 DSLAMs. Rather than stick
with its incumbent supplier and migrate to the next-generation D500 DSLAM
platform, Covad decided last year to deploy Samsung’s AceMAP next-generation
DSLAM architecture, after evaluating competing bids from many of the leading
vendors including Nokia, Alcatel, and Zhone. Based on our conversations with
Covad’s network planning personnel and industry sources, we were able to further
verify our previously-stated belief that Covad is currently in the process of
aggressively negotiating with other, mainstream Internet portals, content, and
overlay VoIP providers for the non-exclusive use of their next-generation
broadband architecture. These relationships, we believe, may become crucial to
portals and content providers such as Yahoo, Google, and Vonage, as RBOCs
and MSOs begin to restrict unfettered access to their broadband infrastructure.
Specifically, the Samsung AceMAP platform was chosen not so much for the
broad range of broadband services that can be provisioned from the platform’s
front end (Metro-Ethernet, Bonded T1, G.SHDSL, 48 Volt DC line-powered voice
are offered by many vendors), but a virtual IAD (Integrated access device) feature
including a virtual Voice Codec that allows Covad to port any single subscriber to
one of several service providers on the back end of the platform. This capability is
made possible by the Samsung platform’s SIP-based interface on back running
over an IP-based backbone.
Following is a summary description and key specifications of the next-generation
Samsung AceMAP next-generation DSLAM architecture currently being deployed
by Covad in its key markets, as provided by Samsung Electronics:
Specifications
Capacity - ADSL: 48 ports / line card
- SHDSL: 32 ports / line card
- VDSL: 16 ports / line card
Network interfaces - STM-1/4, OC-3c/12c, 100Base-T, GbE
- Multi-ISP support
Topologies - Star / Daisy Chain
Value Added Services - Embedded B-RAS function
- Multicasting/Broadcasting
- Next Generation Ready: Interface to Media Gateways and
Softswitch
Full Product Line - Central Office to Remote Site
- Rack to Mini
- ATM to IP
Dimension (W*H*D) - Chassis: 455*621*455 (mm)
- Mini: 483*132*428 (mm)
QoS (Quality of Service) - CBR, VBR-rt, VBR-nrt, and UBR
Management System - Web-based NMS: GUI
- SNMP
- Client/Server Architecture
An Investment Analysis by Needham & Company, LLC 3
Source: Samsung Electronics
Expanded EarthLink deal is the first of several, we believe. As we said last
week in our Upgrade note of DVW shares from HOLD to BUY, Covad has recently
been expanding its relationship with nationwide ISP EarthLink for its Broadband
and VoIP platforms. Just prior to that, Covad announced that EarthLink will
provide the company with $50 million in debt and equity financing to fund
additional network build-outs that will bring Covad's line-powered voice access to
Atlanta, Chicago, Los Angeles, Miami, New York City, Philadelphia, San Diego,
and Washington, D.C. Already, EarthLink provides DSL and Home Phone Service
in Dallas, TX, San Francisco and San Jose, CA, and Seattle, WA. In exchange,
EarthLink will receive $10 million in common stock and $40 million in convertible
debt, due in 2011. The current build-out involves upgrading approximately 625
Covad central offices in the newly-announced EarthLink markets in addition to the
133 central offices already being upgraded, bringing the total to 758 central offices
to be upgraded by YE’06 (covering approx. 14MM homes). The upgrade involves
swapping out existing Nokia D-50 DSLAMs with the next-generation Samsung
AceMAP architecture capable of delivering not only line-powered voice but nextgeneration
broadband services as well. As we mentioned last week, although
EarthLink will receive preferred pricing for the access, the deal is not exclusive to
EarthLink and Covad is free to offer service to others as well.
We are pleased that general investor sentiment on Covad, which has remained
negative for quite some time, is beginning to turn. Until very recently, the stock
has been a “show me” story for the last several months, with plenty of execution
risk and regulatory uncertainty. However, as we wrote last week in our upgrade
note, we believe that Charlie Hoffman and his team will take no prisoners in their
quest to turn Covad around quickly and make it profitable. We also believe that
they are setting it on a course to becoming a key player in the emerging “battle for
the last mile” between the incumbent “pipe-owners” (RBOCs and MSOs) and the
“pipeless” providers of Internet content and service (Yahoo, Google, Vonage,
EBay, etc). In this looming battle, Covad could play a pivotal (if not a deciding)
role.

[CovadFan]

Obwohl,
bei dem Tempo sind die 3 $ in 3 Wochen erreicht.
------------------------------------------------
Schöne Ostertage allen Covadians,
CovadFan