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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: DavidG who wrote (219)3/7/1998 2:37:00 AM
From: zebraspot  Read Replies (1) of 3873
 
KIWT is clearly an on-the-come bet on management's outstanding track record and on the incredible future of the Internet. Doing a fundamental analysis now probably will only cause you to get nervous and think about selling. Better to not overthink right now.

A little while ago I sold QWST after (over)analyzing it on fundamentals. Dumb move. And, of course, you almost never go back and buy 'em back at the higher price. Rather, you think you'll get a chance at a big discount, when everyone finally discovers how overvalued it is. In reality, that day never comes - or, if it does, it comes on bad news, and that bad news keeps you away.

Hey, there are only so many geniune growth opportunities that come along in a lifetime. KIWT looks like a God-send. You just have to have the guts and good sense to do the easiest and hardest thing in the market to do: sit.
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