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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (159862)	2/3/2003 1:26:36 PM
From: tejek	Read Replies (1) \| Respond to of 1578097

Aside from the worst looking balance sheet you've ever laid eyes on, what is your thinking on Level 3? I mean the concept -- it's a giant land grab and they're grabbing all they can? That's the theory for owning it but I never have understood how a company keeps growing like it has and still keeps loses money like its going out of style. Last quarter, they made a billion dollars and lost $.74 per share? How do you keep doing this quarter after quarter? At what point do you make money? And notice at $4 per share, no one is gobbling them up......so if other companies don't like them at $4 per share because of the land assets why should I? Now watch, tomorrow they will be bought out for $12 per share! <g> ted