(LVLT) - Level 3 Communications Message Board

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Technology Stocks : (LVLT) - Level 3 Communications

LVLT 53.63

0.0%

Nov 1 5:00 PM EST

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To: TigerPaw who wrote (1279)	8/28/1998 5:35:00 PM
From: SDR-SI	Read Replies (3) of 3873

TP: I would agree that there probably is an overhead resistance area in the 39-40 area, resulting from recent volume/price action. It would be nicer if we were about to test that overhead level, as opposed to being exposed to hoped-for support levels, but such are the realities of the market. Although the words "If I ever get back to the price I bought at, I'm out of here" were in my post, they were there only illustratively referring to to hypothetical prior weak buyers who would become sellers when the stock price returned to the overhead resistance point. The sentiment certainly does not reflect my own personal fundamental and business-related bullishness on LVLT. I am long on LVLT and intend to be for a long time. When I saw your post, my reaction was "I SAID THAT???", having forgotten about the context of the discussion at the time and the fact that I was not referring to my own opinion of LVLT. I guess we'll have to be patient for a few days, then we can get back to finding out how quickly we can make the 39-40 area overhead go away (if the market cooperates). Steve

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