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


To: IndioBlues who wrote (2869)6/19/2001 11:12:24 AM
From: All Mtn Ski  Read Replies (1) | Respond to of 3873
 
LVLT now under $5. Can anyone say Margin Call? I believe that a stock under $5 is no longer marginable, so all those margin folks may be forced to sell, thus further driving the price down. I am thinking of picking up some shares, although I think I'll wait. That $8 billion debt load is intimidating. Then again it appears cheap, but could get cheaper.....Hmmmm...

Tom