With the FCC's phase out of the line-sharing rules that power Covad's OTC:COVDresidential business,some kind of writing would appear to be on the wall for the company.Covad's business services don't depend on line sharing,but they're only about half of the company's overall business.Not coincidentally,that's about how much of its market capitalization Covad had left after the FCC announced its decision.
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