Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : (LVLT) - Level 3 Communications -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (2072)	6/24/1999 1:13:00 PM
From: IndioBlues	Read Replies (1) \| Respond to of 3873

I don't think LVLT mgmnt takes an "aw shucks" approach to anything. More to the point, I don't believe LVLT would have paid many millions to acquire XCOM r&d for the sole purpose of gaining potential influence in the development of IP standards. If that is what was sought, they'd have simply hired away the necessary personnel. For different reasons, I do agree with you that LVLT's mgmnt is tremendously resourceful and focused on its vision, but perhaps may have made a bet on XCOM that is not panning out in any financially-measurable way. I would not criticize mgmnt for exercising what it thought was good business judgment at the time (in acquiring XCOM) and, frankly, if the XCOM switching technology "won't get it done" I applaud mgmnt or recognizing that fact early on and embracing LU's switch. My only gripe, if it even rises to that level, is the the company isn't telling shareholders anything about what appears to be a change in direction from the the development of a proprietary softswitch to the wholesale, costly adoption of a third party's technology. Maybe I'm totally wrong about this. I'm only raising questions.