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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject5/3/2001 10:51:51 PM
From: Michail Shadkin   of 6873
 
LVLT - one foot in the grave, other on a banana peal

Market cap 6 billion
Cash is 10.32/share
Total debt is 8 billion
Short interest is 11.3%

estimate for june quarter is -1.83
estimate for year 2001 is -7.28
estimate for year 2002 is -7.62

Company said no profitability until 2004 (how will they ever make it that far)
They should be out of cash and in default in 6 quarters

Im not even going to start about telecom spending or their business model.

Need I say more? Ok, one more thing

Lets look what the insiders are doing:
biz.yahoo.com

Thats an awful lot of pages!!!!!!!!!!!!!!!!!!!!
Enough said.

Good Luck
Michail
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