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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: Jesica Dawnet who wrote (3355)10/1/2002 2:39:04 PM
From: ru2   of 3873
 
You will be lucky if LVLT survives long term; but they won't survive.
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How can U be so sure?

and fraudulent accounting practices, and fraudulent charges,
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I just took notice of LVLT because of Buffet. DO you have any links to that really implicate LVLT in a major way in Fraud? Everyone got caught in the bubble. Smith Barney is in a class action law suit for recommending people buy the stock during the bubble expansion. Big Deal! Name any brokerage firm and they advocated buying something during the bubble that was a stupid Idea for LTBH. I am not talking about that I am talking about something more serious. I just started my research but am currently traveling so don't have much time but so far it seems to me that they are not as guilty as other companies in the sector that have become penny stocks already.

DO you think that not a single company in the sector will survive? If so I disagree. I think some will and those that do will buy out the others at pennies on the dollar and will be in a position to make quite a bit of money when the markets and the economy recovers. It's gonna be a while but eventually it will happen and like the mania on the way up the hysteria on the way down won't notice the turn.

R
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