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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: zj who wrote (954)5/13/1998 9:30:00 PM
From: Larry S.  Read Replies (1) of 3873
 
Great stock, but let it slide. I bot into LVLt at 80 the day it started trading, watched in horror as it sank to 55, then bailed when it got back to 65. I understand the potential of the story, the power of the old MFS team, the LEAF fibre order from Corning, etc. But the trend is obviously down. This is not QWST. I say you have to stand aside until this stock shows some technical strength. 55 - 50 -45 who know. let the chart tell you, not the story. I want to buy some and put it away for the long term, but will wait till it shows a rebound and sustains it. larrry
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