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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: Spaw who wrote (3354)10/1/2002 2:24:47 PM
From: ru2  Read Replies (1) of 3873
 
Sorry-
You have the wrong idea. This stock is a LONG term investment.
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Hey Spaw, You swoop in and dis people here on this thread in a pretty vauge way. U big enough to put your cards on the table?? WHat is your average price per share on LVLT?
I picked up some shares for $3.80 based on Buffets interest in the company and my bet that we are due for a bear market rally before we head for lower lows. So far it's looking OK. No way I am holding long term at this price. I am selling as the rally fizzles. U think now is a good price for long term BUy and hold? Look at how much it went up today. The mania is not over. IMO we are going to go down and fill the gap created by Buffet buying the bonds. We probably will test the lows at 1.89 and maybe break them before the market bottoms. If so now is not a good time to buy for the long term.

. I expect to be richly rewarded.
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Maybe, You have good company betting with Buffet but if we break 7400 on the Dow you maybe able to get them at half the price or even less than that. Buffet wins either way.
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