Triple Play Picks
We are rendering general
financial advice and are NOT registered investment advisors, certified financial planners, or licensed to trade in securities of any kind. The information provided herein is general and impersonal in nature,
and is NOT tailored to any specific portfolio or any subscriber's particular needs. We do not warrant the accuracy, completeness, quality, adequacy or content of any on the information on our web site. Such
information is provided "AS IS" without warranty or condition of any kind, either express or implied, including, without limitation, the implied warranties of merchantability, fitness for a
particular purpose, or non-infringement. Our web site could include inaccuracies or typographical errors. Neither the information nor any opinion expressed constitutes an offer, nor an invitation to make an
offer, to buy or sell any securities or any options, futures or other derivatives related to such securities ("related investments"). These reports are prepared for general information only. They
do not have regard for specific investment objectives, financial situation and the particular needs of any specific person who may receive these reports. Investors should seek financial advice regarding the
appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors
should note that income from such securities, if any may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past
performance is not necessarily a guide to future performance.
CCES - current price: .31
This company has outstanding potential. Crescent Broadband will be an easy Triple Play plus by the 4rd
quarter with a potential target of $1.
COVD - current price: 2.08
Within weeks to months, the whole planet will be
buying Covad. The headlines will be from Dot.com, to Dot.gone, to Dot.com again. This stock is coming out of bankruptcy and into the limelight again. Right now the stock is down from $65 plus in the last two
years, and was as high as $5 plus in the last year. It's trading millions of shares per day. Covad is a leading provider in the United States of broadband communications services. They sell these services to
both businesses and consumers through Internet Service Providers (people like Earthlink do big business with Covad, and love the company). Covad also sells to other companies and telecommunications carriers
as well. SBC Communications, which is the former Bell System company, has inked a $150 million deal with Covad. SBC will give Covad $75 million in cash that can be used by SBC against the purchase of Covad
services for 10 years. SBC is also giving Covad a $50 million, four-year loan. This cash will take them through 2003, when the company turns cash flow positive. In the 3rd
quarter of 2000, Covad was burning a 100 million per quarter. They have that burn rate down to $25 million in the 3rd
quarter of 2001. This is a Triple Play plus sometime in 2002 - with a real potential target of $15 - $20.