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


To: zj who wrote (954)5/13/1998 8:20:00 PM
From: Curtis E. Bemis  Respond to of 3873
 
Bleeding ?? I knew LVLT wanted to split to 20-30--This is ridiculous

Other opinions are most welcome. I remember a while back that
LVLT management wanted to see the price in 20-30$ range and would
split to accomplish that. Did'nt know they would bleed it to that level.



To: zj who wrote (954)5/13/1998 9:30:00 PM
From: Larry S.  Read Replies (1) | Respond to of 3873
 
Great stock, but let it slide. I bot into LVLt at 80 the day it started trading, watched in horror as it sank to 55, then bailed when it got back to 65. I understand the potential of the story, the power of the old MFS team, the LEAF fibre order from Corning, etc. But the trend is obviously down. This is not QWST. I say you have to stand aside until this stock shows some technical strength. 55 - 50 -45 who know. let the chart tell you, not the story. I want to buy some and put it away for the long term, but will wait till it shows a rebound and sustains it. larrry



To: zj who wrote (954)5/14/1998 9:21:00 AM
From: Kevin G. O'Neill  Read Replies (1) | Respond to of 3873
 
"Nils, if it breaks through 55.25 I don't know when the bleeding stops. If it gets to 30 start backing up the trucks. Hopefully Don Boller can give us an opinion on this."

I don't think I'll wait to use a truck in the 30's. I will, however, have rented pick-ups waiting in the low 50's and at ANY stops below. <G> This is my one "Buy at almost any price and hold forever" stock, so it is a very easy play for me. My best to LVLT longs,

ÿÿÿÿ-kgo