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

To: kjgarrison who wrote (3180)	5/29/2002 4:08:29 AM
From: IngotWeTrust	Respond to of 3873

Beware of anyone speaking of LVLT and Buffet in the same breath...it was heavily rumored at the time that he took down a chunk of LVLTs horrendously high interest rate debt and then flipped it for a few hundred basis points within a short period of time. That doesn't sound like value investing to me, aka Graham or Dodd. Sounds like gambling to me. Just a thot you might want to kick around and investigate further. LVLT's debt is crushing. Buffet and Crowe's sugar daddy are NOT enough to keep this puppy afloat forever...not without personally bankrupting both men. Take my opinion for what it's worth.