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

To: Leroyt who wrote (2859)	6/18/2001 6:50:32 PM
From: Raymond Duray	Respond to of 3873

Hi Leroyt, Though you might be skeptical about the appearance of a tag team effort by a couple of short sellers, I can assure you nothing could be further from the truth, at least from my end of things. gold-tutor will have to tell his own story, I've never seen a post by him before today. I've been extremely consistent in my views of the market, going back to December, 1999, when I declared the high tech bubble too frothy for wise investment. PM me if you'd like the text of my prediction of the equity of Global Crossing. I'm amazed at how prescient I was. Not that I shorted it, because I'm only interested in investing in the future. Not playing Wall Street's casino games. Right now, I see no future for equity holders in companies like LVLT, GX or any of their suppliers. I have no position in LVLT, nor do I intend to initiate one. I have held LVLT in the past and made good money on it. I admire, for the most part, Jim Crowe and the management of LVLT. They are a cut above the others, especially GX, in terms of honesty and fair dealing with the shareholder. But, let's face facts. LVLT's market is in utter dissarray and there ain't no light at the end of the tunnel, as far as I can see. Not that there won't be revenues, but the equity holder is still likely to get his head handed to him in any telecom sector speculation. Here's some of my bona fides, FWIW: Message 14787142 Note the date, I don't think I saved any perma-bulls on that thread either. Here's an interesting bit of etymology for you..... today we use the term "lame duck" to describe a political office holder who's term is expiring with no hope of re-election. But the origin of the term comes from the world of speculation. In 1720, ruined speculators in the South Seas Bubble were described as lame ducks when the forlornly exited Exhange Alley in London finally fully understanding their losses in "the game". Exchange Alley is the forerunner of, among other institutions, the NYSE and the NASDAQ. <g> Bon Chance, Le Faineant