VoIP is just starting to make money. Thus far the company has mostly spent money on the network. Time to collect some rewards. Plus, the fact that it goes from OTC to AMEX w/o any R/S (like most of the other Co's) it's a very positive start.
"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."
Don't forget to change "COVD" with "DVW," and enjoy the ride, IMO.
Mike
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