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.
