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Level 3 Communications above 57 cents
Level 3 Communications is a $2 Billion high-risk mid cap growth value company.
LVLT traded as high as 132.25 in March 2000 and as low as 57 cents in December 2008.
LVLT is an International Internet Protocol Company based in Broomfield, Colorado.
As the Berkshire Hathaway Annual Report has it, Level 3 is a successor to certain businesses of Peter Kiewit Sons’ Inc,
engaged in telecommunications and computer outsourcing.
Peter Kiewit Sons’ was a private coal and construction company chaired by Walter Scott Jr. They decided to run telecom internet lines alongside railroad tracks and in cities of America and Europe.
LVLT is still chaired by Mr Scott, who likes to buy undervalued Telecom assets when he can at bargain prices. So do we.
LVLT runs one of the largest end-to-end Transatlantic Internet backbones in the world, with 77,000 miles in Europe and North America in 23 countries and 125 markets.
These crucial lines provide Caller ID, content, digital data, E-911, last mile fiber optics, patented software switching, video, voice and wireless towers.
LVLT’s $11 Billion cost proprietary Internet lines in cities, along railroad lines, and under the Atlantic Ocean are carried below $10 Billion, a precious undervalued asset to be sure.
Level 3 information transmission lines are fully upgradeable, with 10-16 empty conduits alongside their fiber optic network, while other telecoms may have just one occupied conduit.
http://en.wikipedia.org/wiki/Level_3_Communications
http://boards.fool.com/Message.asp?mid=17490134&sort=recommendations
November 3rd, 2009 at 9:40 am
Great post, I am continuing to pick up shares here of LVLT.
November 23rd, 2009 at 5:10 pm
Thx.
Patience pays.
Trailing sell stops protect.
December 29th, 2009 at 1:28 am
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January 22nd, 2010 at 5:53 pm
Many many thanks Candace.
My hope is we all increase our general level of prosperity with JP and common sense…
February 10th, 2010 at 5:48 pm
Aloha All
Update on LVLT @ 1.27:
While Level Three Communications is up only 30% in the last year, (195% from March 2009 low to June 2009 high), and LVLT continues to report bad news, LVLT volume today was almost three times average volume.
Maybe it has to do with Google announcing a new super-speed broadband network 100 times as fast for 3D commercial, educational, entertainment and medical applications.
One way to do that would involve piggybacking or adding to LVLT’s national right of way conduits for the fiber-optic highway.
The FCC is a month away from providing a National Broadband Plan to Congress.
Aloha and Mahalo*Rich
http://www.cnbc.com/id/35332437/print/1/displaymode/1098/
PS JP readers may also want to take a look at AVNW, a double up from 3 and targeting 12..
November 9th, 2010 at 3:48 pm
Aloha All
LVLT update:
After trading as low as 49 cents today due to a single stock circuit-breaker, LVLT traded up to 1.11.
Insiders picked up 1.9 M shares on 25 August 2010 at $1.05 while an officer sold.
LVLT will present at three upcoming investor conferences.
Barron’s carried an article last weekend suggesting LVLT would get streaming video NFLX business after AKAM failed to meet benchmarks.
The CEO of LVLT heads the committee making new Internet Cybersecurity rules.
When a stock defies market corrections, this may be a good sign…
Mahalo Regards*Rich
December 1st, 2010 at 4:48 pm
Aloha All Loyal JP Readers
Bought some more LVLT>83 cents for a Christmas present on the Comcast Netflix Internet Toll News with rehashed worries about delisting from NASDAQ under a buck, where it has traded many times.
LVLT presenting next Wednesday.
Jeff Storey, president and chief operating officer for Level 3 Communications, Inc. (NASDAQ: LVLT), will present at the UBS 38th Annual Global Media and Communications Conference in New York on Wednesday, Dec. 8. Mr. Storey’s investor presentation is scheduled to begin at approximately 10 a.m. ET.
Co’s rarely present bad news at Conferences.
Between new HD products like streaming Netflix, Apple Disney Pixar downloads and TSA group airline groping, demand for the internet highway unlikely to go down.
Here’s an LVLT slideshow:
http://www.powershow.com/view/d759-MjVkN/LVLT
Ho Ho HO…