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


To: Freedom Fighter who wrote (3101)10/6/2001 7:54:35 PM
From: el paradisio  Read Replies (2) | Respond to of 3873
 
<LVLT will most likely be here for at least 2 more years>...I think,it will.
They've got recently new contracts.
Selling part of the dark fiber to Q is logical move...cash is more important for LVLT now.
Not too much to lose here...
Friday drop is mostly due to downgrade and panic (RTHM and EXDS are gone already...)
Weekly chart looks better now, possible bottom formation around 3.
PS, the best example of the fast price movement in this market is HLIT...made the bottom at 2 a few month ago and skyrocket to 18.
Good luck,
el