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


To: Leroyt who wrote (3273)8/7/2002 9:14:53 AM
From: IngotWeTrust  Respond to of 3873
 
Hindsight? BullShit! I called LVLT a dog LONG before it fell out of bed, right here on this very thread, and I called it loud and long.

Since my memory is better than yours, I'll remind you I was hooted at THEN by you and your peers. And, and I'm still calling it a dog, here $125 lower. So your cost is $4.50 per oz. You have even less excuses for poor"investment" choices now, even moreso than there was back at the $130 shr. level.

LVLT's past haunts it to this day.

---Management is the same ystdy and today.
---The unexpensed options is same ystdy & today.
---Walter Scott is the same ystdy and today.
---Their product is the same ystdy and today.
---The off balance sheet accounting is the same ystdy & today.
---The overcapacity is the same ysty & today.

The FOUR things I see "currently" that are different than the past?
Fewer employees today than in the past...well, whoopee.
The pricing structure has collapsed and LVLT is STILL overcharging customers.
Customers have fled to lower priced competitors more now than in the past.
Unit operating Costs are higher today than ystdy.

So, just what is it I'm supposed to get excited about "today?"
YaaaaaAAAAAaaaaawn

LVLT is still a PoS stock