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


To: Caxton Rhodes who wrote (1808)4/10/1999 2:43:00 PM
From: Scotsman  Respond to of 3873
 
Well, my previous post did not mean to link your Q with my Q. However, I agree both companies are good.

But my reference was to the fact that Qwest is about a year ahead of LVLT, yet both stocks trade at the same level. Qwest is supposed to make 72 cents a share next year, and LVLT is supposed to lose 3.04 a share. Yet LVLT always is 3-4 points behind. If Qwest goes up, LVLT goes up. If Qwest goes down, LVLT goes down. I was very tempted to buy a bunch of April 80 calls last week when Qwest went up 3 and LVLT fell 2 to 78 because I knew it would play catch up. And it did, but since I don't do options I didn't play the strategy.

Regardless, as I stated before, I plan to roll into LVLT sometime in the next 12 months once the water gets a little more clear. Its technology seems to be great.

The only wild card I see is the GBLX deal which some analysts seem to think will become the dominant player. I don't see it, but what the hey.