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July 27, 2006 Stock Pick: Corvis Corporation (CORV)

Stock Price: $1.17

Corvis Corporation provides service providers and government agencies with scalable optical networking equipment that dramatically reduces the overall expenses associated with building and operating networks. Through their subsidiary, Broadwing Communications, Corvis delivers its own optical network providing data, voice, and video solutions.

The company's main asset is Broadwing Communications. Through this consolidated subsidiary Corvis has decided to launch its VoIP service. Corvis now has a good chance of obtaining a fair share of the VoIP market.

CORV has been on a decline since early this year; however, it recently jumped off its low at $1.04 a couple weeks ago. It appears CORV is now trending higher.

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