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

To: Sailtrader who wrote (3582)	10/23/2007 11:53:38 AM
From: bob zagorin	Read Replies (1) \| Respond to of 3873

fortunately i sold all the lvlt i got from bwng right after the merger but i tried smaller trades twice during this year and both times they were losers. can't believe this time i bot in the mid 4s and still had to dump it a point lower.... it does confirm one of my trading philosophies. if i don't really understand what the co. does and how all of its parts fit together, stay away. lvlt has too much debt, too many moving parts (or not so moving) and much too much legacy stuff inside. despite the cdn and backbone, it is not a clean play... otherwise, i've had big plays this year on the same broadband demand themes with cien, infn, oplk, apkt and all have worked except lvlt. so cramer can have it.