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Technology Stocks : (LVLT) - Level 3 Communications
LVLT 53.630.0%Nov 1 5:00 PM EST

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To: David Klein who wrote (3235)7/16/2002 11:28:57 AM
From: IngotWeTrust  Read Replies (3) of 3873
 
Any "facts" in this unfavorable WSJ piece on LVLT et al, and their options problems for shareholders?

"Level 3 Communications Inc. , in which billionaire investor Warren Buffett recently invested, already records its employee stock options as an expense. But Level 3 is taking heat for a more fundamental problem with option plans -- they are potentially dilutive of public shareholder interests, Tuesday's Wall Street Journal reported."

biz.yahoo.com

LVLT is crap, and has been crap for over 1 year. The only ones who have made serious money in this besides dumping CEO crow, Walter Scott, and two time BOND buyer, Buffet ARE THE SHORTERS and traders IN THIS STOCK.

Shorting at the bottom of a trading range is scarey
Going long at the bottom of this trading range is equally scarey.

Somebody else is going to own LVLT's assets stripped of debts, and LVLT will take their debts & will go BK, just like the carrion are circling WCOME.

BANK on it.
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