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

To: Raymond Duray who wrote (2862)	6/18/2001 9:30:37 PM
From: IngotWeTrust	Respond to of 3873

Hello, Raymond. My bona fides are in my SI profile for the most part that is if anyone truly cares. And my mug and exploits were detailed in the NYTimes-Sunday Business Edition Front Page in a 1/2 page spread which was picked up by the wire services in living color mind you, and flung around the world. This was just a few years back. I content myself in my retirement to chasing the yellow metal the "regular way" during the mining season out here in Eastern Oregon, where I was fated to run into LVLT tearing up some of my favorite "diggings" in their attempt to do the "dark fiber thang." Funny thing is...the CONDUITS TRULY ARE dark because there's STILL NOTHING IN THE CONDUITS out here, trust me. I tried to alert the thread to both the difficulties they were having laying the stuff, the fact they were NOT using railroad right of way for the most part as they had promised, and that the tubes were empty. That was 15 months ago or so. Furthermore, I also spoke of the extreme irritation of the BLM brass with LVLT's brazen ursurpation of the most convenient contours and non-right-of-way, by trespassing with impunity and without permission onto fragile BLM turf outhere. As a miner, I heard it from the local BLM staff, as well as listened to more than one "couldn't hold his beer LVLT D-9 operator bitching and moaning about all the extra work and how the home office just wanted it done, and they'd settle up with BLM later as they had gotten tired of asking for permission and being repeatedly denied same. And this was prior to the monsoon season down in the LA Basin last leg of the West Coast install that WAS halted amidst plenty of press ink, also posted by others on this same thread. It is still my contention to this day, that the fines and litigation costs of dancing with the BLM Brass for damage done and trespassing violations has still to impact the stock price, unbeleiveable as that may sound. Or, let me put it another way...I seriously doubt LVLT's legal department will be enduring any of those "lay-offs" so triumphantly trumpeted on this ignominious day any time soon. Anyhow, I just read with interest, the proferred NYTimes url re: the woes of fiber optic companies, both dark, lit, and the switchers. I read with keen interest the portion where CSN reached for the "fiber optic twinklies." It took me a little spell to realize what was going on, but I immediately dumped my INHERITED CHUNK of CSN, took the money and plopped it into a few other issues, the majority into CSN's Convergys division after the spun off. My mother-in-law's sacred CSN cow which provided 70% of her retirement dividend income for years and years, died 3 years prior to seeing her beloved CSN turn into an over-reacher, bubble popping growth stock which basically has gone no where but DOWN and down fast and hard. However, my Convergys has sextupled since her loving gift to me. Well, enough about me...we'll just keep watching that hurting Sacred Bull slinger..he's down so hard in just a week, its tough to not feel sorry for him. But we all have to learn on our own, the lesson about trying to catch the falling knife plunging price stock. Tis the only reason I'm not back into JDSU in a big way currently. They still are the envy of the fiber-optic world in their switching proprietary technology. Have a pleasant evening. PS...before anyone hoots too much at my gold recycling business which I pursue during the off-mining season, I profer this URL for another, more unbiased perspective on my fun profession: news.independent.co.uk Regards