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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 (3368)10/31/2002 3:43:45 AM
From: ru2  Read Replies (1) of 3873
 
Wow! Those are some pretty hairy accusations.
One of the reasons I bought this thing is because I
KNOW Buffett does his DD and feel comfortable owning a name he is involved with.
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Yes but remember, he did not buy the stock he bought the convertible bonds. If he did his homework right ( and you and I would agree he did) the company can go broke and he still gets his money. Since I did not get in on the convertible bonds I figure I need a better price than Bufet to warrent the extra risk. Thats why I am waiting for it to fill the gap. I 'll buy the bottom of the gap. If it never gets there? Oh well.... no money lost. If you want to bet on Buffet you can always pick up some B shares. I intend to do that when and if we make new lows.

R
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