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: Kevin G. O'Neill who wrote (2120)	7/18/1999 7:37:00 PM
From: pass pass	Read Replies (2) \| Respond to of 3873

To all, I've bought a lot QWST and GBLX during recent uncertainty. Now their respective mergers have worked out, I wonder if LVLT is the next one making some noise. Looking at the chart, LVLT seems to have a fairly strong support at this level. Is it a good buy?

To: Kevin G. O'Neill who wrote (2120)	7/19/1999 12:47:00 PM
From: ----------	Read Replies (1) \| Respond to of 3873

Thanks for the kind words. I've also recently read about both Dell & Intel getting into ISP. Both Michael Dell & Andy Grove have over a decade of stock performance to document their foresight. IMO, neither of these companies are going into ISP now because they see a vast fortune in providing 28.8-56k connections at $20. a month. They too see a compounding growth rate in communications, and want to position their companies to be in on the future. I don't know what sort of processor power it takes, if any, to receive wide bandwidth communications. My GUESS is, people using wide bandwidth in the future will be interested in communications, NOT how fast their PC can mathematically model a DNA double helix. <g> So, both Dell & Grove are diversifying into the next step of the communications revolution, rather than get left behind as a "mere box maker". IMO, both folks that answered the gentleman's query about a good time to buy LVLT hit the nail on the head... this is a long term stock. If, like most people, one lives in a short-sighted world, this may not be for you. Personally, I like investments I can buy & not worry about on a daily basis. Just watch for any Major developments, and let the short term fluctuations of the market become an amusing diversion rather than a constant source of concern. Just my opinion. (That & 50 cents will get you a cup of coffee, nothing more. <g>) Regards, Doug