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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: MangoBoy who wrote (566)3/28/1998 1:55:00 AM
From: Phil Jacobson  Read Replies (1) of 3873
 
Point taken Mark:

We'll just have to wait and see. A possible reason for the LVLT price could be everyone's seen what QWST and WCOM did to build the company and people don't want to miss the next ship that launches.

My QWST money is certainly "safer" from your perspective, but I'm also very intrigued by the potential gains in the near term at LVLT. We need to separate the arguments out so as to distinguish between trading, investing, and speculation. I think of my QWST stock as almost 100% investing while I think of LVLT as 40% trading (watch what happens on April 1 when it hits the Naz - should be fun), 40% investing (yeah, I buy the vision thing), and 20% speculation (it could be a real mo-mo stock if performance envy strikes those who missed the QWST IPO).

Phil
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