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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 (3836)7/16/2014 6:42:45 PM
From: Dwayne Hines   of 3873
 
David,
in the 3 months after Level 3 acquired Global Crossing the stock climbed significantly, roughly doubling. What caused this climb? For the first month after the acquisition (May 2011), the price was basically flat. Then, in June and July, it skyrocketed. Did it take that long for the analysts to figure it out?
Dwayne
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