LEVEL 3 (LVLT)

[Prudent Capitalist]

Looking strong today also. Nice to see the upswing, and pretty much continues to prove that the best thing to happen to LVLT in the last 15 years was getting rid of Jim Crowe. Although he was viewed in the late 1990's as being the smartest fiber-optic internet telephony guy around, IMO he proved to be a scoundrel who milked LVLT for everything he could, lining his own pockets with shares and exorbitant payouts at the expense of long time loyal shareholders.

It will nice to see what LVLT can do under the new executive leadership going forward, but many shareholders have a long way to go get back up to where they bought LVLT shares in the late 90's when it first started trading, before the run up to $131, which equates on a current post-reverse-split basis to over $1,900.