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


To: Raymond Duray who wrote (3209)7/8/2002 8:56:52 PM
From: David Klein  Read Replies (1) | Respond to of 3873
 
I'm not sure how rich he is but he still has about 10 million shares that use to be worth 100+/share. He also had a lot of debt to pay off. I am also not impressed with his ability to manage the finances at this point. Hopefully Walter is more involved. The financial picture has improved a lot but they still need to grow the CSR or they will not survive. They have enough cash to last another 4+ years unless they make a terrible acquisition. I think we will see one shortly, hopefully one that helps.

You may enjoy this article from fortune. I think it may have been printed before the announcement today.
fortune.com