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


To: JMD who wrote (2885)6/20/2001 2:13:51 PM
From: Raymond Duray  Read Replies (1) | Respond to of 3873
 
Hey Mike,

No habla, no salsa, no tabula rasa. But plenty of water under the bridge to the Information Century...... most of it down the drain.

It seems as though Mr. Market is having a complete snit-fit about the prospects for LVLT and MFNX. Once MFNX gets down to about six bits, I'm going to kick the tires again. I think there's some value there, then.

As far as LVLT, I'm not so sure I want to play it. It'll be sold before too long, I suspect. Just a feeling. The party is over, the spare conduits are..... just that. And the costs are sunk. Like the Andrea Doria. An $8 Billion gamble that got sucked off the table because too many players were allowed to ante up. The deck of cards was only so big, and once you had 29 or so new SPs all vying for the same four-of-a-kind, there just weren't enough cards to go around.

Nice to see ya comin' round, Ray :)