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


To: IngotWeTrust who wrote (2350)3/31/2000 2:23:00 PM
From: TigerPaw  Read Replies (1) | Respond to of 3873
 
Is it the good hard coal
Actually I don't know much about it, but it is something that attracted me to the company. These people really knew what they were getting into and they knew they couldn't just borrow or grab VC money and spend it year after year while they were getting ready to light up the network.

Instead they started with a low risk, low maintenance source of income that covers the expenses of the company. They have borrowed and issued stock for billions, but that is for the direct capital expenses of buying leases and putting those funny colored wires in the ground. I also feel confident that they knew what they were getting into before they started driving those D9s across the state.
TP