I like LVLT as well..
LVLT are diggers,, that's all they do ,, dig trenches and install fiber cable ducts ,, all over the place,, Telecomm cos will have to lease,, rent ,,pay for this infrastructure,,
The future demand in comm will be via ground fiber optics and satelite..
However, I feel ,, looking at the chart and TA ,, 24 has to be violated first ,,for it to be a attractive buy ,,
Once it does ,, and I think after this mini rally ,, we should get some ,,
LVLT is a telecommunications & information services company that plans to build and operate advanced fiber networks across the U.S. using Internet technology. LVLT also has interests in coal mining and in public companies. For the 26 weeks ended 6/30/98, revenues rose 18% to $190M. Net loss from cont. ops. totalled $122M vs. an income of $28M. Results reflect strong demand for system integration services, offset by a $115M in-process R&D write-off. |
