Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kent Wilke who wrote (498)	3/23/1998 7:31:00 PM
From: Don S.Boller	Read Replies (1) \| Respond to of 3873

Kent: You and Jerome make sound points to the detractors....... Some of us (the buyers) believe in the management and future prospects of L3, others, are skeptical....some of their reasons seem rather flimsy, perchance. But, most good stocks (and markets) occasionally have to climb "a wall of worry"....... that is nothing new. L3 has competitors as we know and the more information that comes out about L3's business plan the more the brokerage pundits will make comparisons with QWST, WMB, etc. We know that stumbles will happen - the stock may be even downgraded by someone. Let's stick as best as we can to the facts and bolster each other when it seems warranted. We have to remember - this is investing, not religion. I for one am not looking to make converts but learn from all. Go team, Best, Don

To: Kent Wilke who wrote (498)	3/24/1998 10:25:00 AM
From: dr. killjoy	Read Replies (1) \| Respond to of 3873

The purpose of my post was to see if you really knew anything about lvlt or if you were just caught up in the hype. I got my answer. I am bullish on the prospects of this industry and the company lvlt. There does seem to be a big discourse with regard to the difference between the stock and the company because of extreme optimism. LVLT has $7.5 billion of goodwill, I realize Mr. Crowe and his team have value but that is unprecedented. The company has 2 operating entitys, coal is less valuable every day because virtually all the take or pay contracts are expiring so cash flow will go from over 70 million to near breakeven in the next 3 years. PKSIS is a nice business that does close to $100 million in revenue with little EPS. But that business will dovetail into the network nicely. The assets we all know are a publicly traded basket of c-tec spinnoffs which also dovetail and won't be sold, the toll road which is to small to matter and the cash. so to review, If you buy the stock today you get about $3 billion worth and you pay $10.5 billion. The stock market is a wonderful thing. Merrill just held a conference in NYC and trust me everyone is looking at the big pipe trade. So is Mr. Crowe and team worth $7.5 billion?? I bet he'd take the cash if you could offer it to him. A billion dollars just doesn't seem to buy what it used to.