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

To: MangoBoy who wrote (242)	3/10/1998 12:17:00 AM
From: SI_Watcher	Respond to of 3873

You could have bought D shares last summer for around $70/share (if you knew who to talk to.) It hit the OTC in early December for around $102/share then did a 5-1 split around Christmas. If you would have bought at $102, your $1,000 would be worth about $3,285 today (9 shares X 5 X 73.) If you had bought after the split your $1,000 would be worth about $2,336 (32 shares X 73.) I understand that KIWT is trading around 6 times book. QWST is over 20. Given the two choices, I would pick L3. However, with $1,000 to invest I personally would buy a penny stock that I have been watching grow recently (ICVI). Not a sure thing, but I would risk a $1,000 on it for a 50% return in a few days. On the other hand, I have most of my big bucks IRA money invested in L3 (some before the split and some < $40) and plan to leave it there for the long term. Have fun deciding where to invest! I do!