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


To: Jerry Miller who wrote (83)2/24/1998 12:49:00 PM
From: MangoBoy  Read Replies (1) | Respond to of 3873
 
incredible trading volume and price run-up on zero news.

i like the L3 story but it's premature to award it the same market cap as QWST. QWST has a huge head-start, unparalleled rights-of-way, and their network buildout is already paid for by the dark fiber sales contracts they nailed down with GTE, Frontier, et al.

combined with the uncertainty of how the current share price will hold up after an "IPO", i'm happy to grab a 20% gain and retreat to the sidelines.