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

To: flint who wrote (3229)	7/13/2002 3:11:47 PM
From: H James Morris	Respond to of 3873

I bought both 25% stock and 75% Bonds bonds. This is the first time I've invested in this stock I have no axe to grind about its past. My take is this I could lose it all or make some money. Only time will tell how it works out. But thanks for your comments.

To: flint who wrote (3229)	7/13/2002 6:28:54 PM
From: IngotWeTrust	Read Replies (1) \| Respond to of 3873

Flint, my take is that is does seem likely LVLT will be forced to make some interesting "disclosures" before the Swear ON a Stack o'Filings by CEO deadline in August. Sure, berkie is big, sure crowe is a carrion, and sure scotty has been beamed up more times than Kirk to Enterprise and may be missing a sparkling molecule or two. One thing is for certain, I do recall a great deal of offshore/off balance sheet trannys on this company and the rest of the "crows" will come home to roost or else Pitt et al are just going to be yappin' dogs. Never before has there been a reason for justice to take on big business than when they busted up ma bell. They've smarted up a trick or two honing their skills to a rapier edge on Mr. Softy. But this is nuts and bolts construction outfit, not some piece of archane intellectual property x-box game. Reminds me of the way the precious & base metals industry plays now you see'em/now you don't with resource calcs with the proven/probably/suspected/WAG reserves numbers on their balance sheets. The two things mining and LVLT have in common is this: both dug holes in the ground, and both have liars standing around them, as Will Roger's is famous for saying. The glaring difference is this: the holes dug by LVLT are thousands and thousands of miles long and very easy to trace, where as a gold mine is usually one big hole per, figuratively speaking. I don't think LVLT will survive this either. Unca Berkie can collect his 9% while he watchs this blow up in his face. But for it being one of his smartest investments? Not in my books. The old adage about if it sounds too good to be true it probably is, has outlived Berkie and likely will outlive him again. And last I saw, Crowes don't look too good dressed in stripes and have NO clue what to do with a file in fresh-baked carion pie. g_t