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

To: JakeStraw who wrote (3674)4/11/2011 1:04:01 PM
From: Glenn Petersen  Read Replies (3) | Respond to of 3873
 
LVLT should be able to strip out some redundant costs, so bigger is better. They have been generating positive cash flows from operations. One of the big problems has been the debt load and they just added another $1.1 billion. I like their long-term prospects, but I would wait for the inevitable market correction and try to pick up some shares in the $1.00 to $1.10 range.


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