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


To: Don S.Boller who wrote (803)4/8/1998 3:33:00 PM
From: MangoBoy  Respond to of 3873
 
IMO somewhere between $35-$45 based on current shares outstanding, which i think is possible once the honeymoon glow fades and depending on how the overall market behaves. if there's a correction the high-flying telecom sector will take a hard hit and LVLT could take a very hard hit.

reasons? yes, valuation comparisons to QWST, IIXC, and others; time and cost of network buildout; concern over level of hype; competition (QWST, WCOM, others aren't standing still); lack of clear details on LVLT's timetable and strategy for regional/local buildout; concern about overall stock market levels.