Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Softechie who wrote (2957)	7/15/2001 7:54:40 AM
From: Softechie	Read Replies (1) \| Respond to of 3873

It would be interesting if Buffett has bought over $1 billions of its debts for 0.35 cents on a dollar. His group also bailing out FNV currently. This guy got some guts lately. His USG is tanking big time but not sure his position on that one.

To: Softechie who wrote (2957)	7/15/2001 9:52:03 AM
From: IngotWeTrust	Read Replies (2) \| Respond to of 3873

Barron's musta had a slow news wk t'write that 10 days after the "rumor" story first broke! All those who would "take courage" from reading such re-heated pablum must remember THREE things: If and only IF WB's "marked masked man" bought at 35c on the dollar, he: a: bought below the market, b: bought SECONDARY MARKET bonds, not new slap the money right here in my palm, pal "fresh LVLT debt" c: you NEVER hear when buffet sells, except for years later when some researcher comes on these threads and has dug up a tidbit from SEC or 10-Q financials...WB's buys ALWAYS generate headlines but it is his SELLS that put the bucks in his bank account and he's mummumMUMMMM about that as a rule. And should conclude at least THESE THREE THINGS: So, figure it this way: 1) If he bought below the market, he's already got a profit on paper...more than ANYONE else I know 2) If he bought slap-fresh LVLT 1st issue debt then THAT would be good news 3) It's already history by the time you read stuff in Barron's, so don't fall for the paid-for spin on ANY company. Remember my advice...the high prob play is in the short side on scale up selling for the immediate, and short term future. 2004 is a hellllllllllllluva long time away to see "cash flow positive"...so damn long, infact that Crowe sold his 2.95 million block 1.6 years early to just tread water personally on his own personal debt management/option cashout crisis of epic CEO proportions... Follow the money, not the extrapolations of Barron's...and go short something else Walter Scott owns<grin> Have a great week...we'll ALL be watching for this tremendous dead-cat bounce in LVLT and rootin' fer ya!