2 inches high at 100 yards.
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Me too. Been wanting to get more on a pullback but I don't know about that. We're at a new 52 week high right now!
Walk into any one of their outlets, ask the person that greets you what their name is, now you have another name.
To everyone that bought at .13 and sold at .11, YOUR DOING IT WRONG!!!
They report after the close today, and I expect good news. Looking at the pps right now alot of investors feel the same way. Many stocks pps fall at this moment. We shall see.
Related Quotes
Sym. Price Chg.
LVLT Trade
News 5.4 0.01
Fitch Rates Level 3 Financing`s $600MM Sr. Notes `B/RR1`; Affirms IDR at `CCC`; Outlook Positive
October 26, 2006 12:07:20 (ET)
CHICAGO, Oct 26, 2006 (BUSINESS WIRE) -- Fitch assigns a rating of 'B/RR1' to Level 3 Financing, Inc.'s issuance of $600 million of 9.25% senior notes due 2014. In addition, Fitch affirms the 'CCC' Issuer Default Rating (IDR) and each issue rating for Level 3 Communications, Inc. (LVLT, Trade) (Level 3) and Level 3 Financing, Inc. The Rating Outlook is Positive.
The Positive Rating Outlook continues to reflect Fitch's belief that the company's acquisitions, including the recently announced Broadwing Corporation (Broadwing) acquisition, gives Level 3 a firm path, if successfully integrated, toward de-leveraging its credit profile and achieving positive free cash flow in 2008. The timing of an upgrade of Level 3's IDR is linked to the company's ability to improve free cash flow, materially reduce leverage, generate positive organic revenue growth and improve margins. Additionally, the company will need to maintain liquidity and financial flexibility.
The new notes will constitute purchase money indebtedness under the indentures of Level 3. The net proceeds can be used for acquisitions or expansion of the company's infrastructure. With this offering, the company will have a fully drawn $730 million secured term loan facility due 2011 as well as $1.8 billion of senior unsecured notes at Level 3 Financing. Fitch expects that the proceeds from this new offering will be in part used for the company's acquisition of Broadwing. The total cash requirement in this transaction is $744 million, but only $394 million when netted against second quarter 2006 outstanding cash at Broadwing. The Broadwing acquisition is expected to close in first quarter 2007. Level 3 continues to maintain strong liquidity and finished third quarter 2006 with $731 million of cash and $509 million of marketable securities. Level 3's current maturity schedule is $2 million in 2007, $138 million in 2008 and $362 million in 2009.
Level 3's third quarter earnings results showed strong year-over-year revenue and operating EBITDA growth in core communications services due to both organic growth as well as contributions from acquisitions. Integration and capital expenditures are expected to remain high for the next couple of years, but with a steady trend of strengthening operating and free cash flow. Gross margins continued to strengthen in the third quarter reaching 57% and this trend should continue as the low margin SBC contract contribution continues to reduce and acquisitions are integrated. Fitch believes that acquisition activity at Level 3 will be curtailed due to the outstanding amount of integration effort which is currently present. Fitch also expects that Level 3 could take advantage of opportunities to reduce interest expense in order to strengthen its credit profile on a going forward basis. Opportunities to reduce interest expense could include the ability to convert debt to equity, which is present at $1.2 billion of senior convertible notes that can convert at less than $4 per share. The company also has the ability to call over $600 million of high coupon debt due in 2010, in March 2007.
The following ratings are affirmed with a Positive Outlook:
Level 3 Communications, Inc.
--IDR 'CCC';
--Senior unsecured debt 'CCC-/RR5';
--Subordinated debt 'CC/RR6'.
Level 3 Financing, Inc.:
--IDR 'CCC';
--Senior secured term loan 'B/RR1';
--Senior unsecured debt 'B/RR1'.
Fitch's Recovery Ratings (RR), introduced in 2005, are a relative indicator of creditor recovery on a given obligation in the event of a default. A broad overview of Fitch's RR methodology as it relates to specific sectors, including a Case Study webcast, can be found at http://www.fitchratings.com/recovery.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria, and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance, and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.
SOURCE: Fitch Ratings
Fitch Ratings
Michael Weaver, 312-368-3156
David Peterson, 312-368-3177 (Chicago)
Media Relations:
Brian Bertsch, 212-908-0549 (New York)
Fair enough chipguy. Will man-up directly!
Duke, this is a link to the author of the news release metioned in my original post. Note what he does and who he works for. You can contact him from the page this link brings you to, and ask him if he wrote the release and find out if I have lied to the board. I'm just trying to contribute. People, if you only want information that is skewed in one direction, let me know, or if I am not welcome here, just post that and I will never post here again. Best wishes, and good luck to all
NewMoney
http://www.fbr.com/company/team/bio.asp?id=430
I know how to cut and paste Duke. The article was on my etrade news ticker. You can't do a copy out of it. I suggest you call the number or email the guy at the top of the post. I typed it for you word for word. I have better things to do than try to deceive the few investors that visit this board.
Yeah, if I were Petar, and I had been taking all the crap he has, I would wait and time the release just to spite the jerks that have been hounding me. Right after it looks like the weak hands have given up. Reward the believers. But thats just me, I have a mean streak.
People saying this stock is down? I need to clean my glasses because I seem to see this HUGE green number under the P&L Unrealized column. YOU NEED TO PLAY FOR LONGER THAN A DAY. Oh yeah, and all of my shares are FREE ONES, I booked profits when the time was right. Now I will take some more cheap shares so I can add on to my garage to put my new car in that I just bought with stock profits made from stocks I HELD ONTO long enough to do so.
FED RATES UNCHANGED!
It says
Edited by John Shipman of Dow Jones Newswires
(call 201 938 5171; email:john.shipman@dowjones.com)
10:39 (Dow Jones) Intel (INTC) has formed a new unit focused on the graphics chip market to counter a combined AMD and ATI, says Friedmad Billings Ramsey analyst Chris Caso in a research report. In addition to focus on integrated graphic chips, Caso says the new group will focus on discrete graphics chips, placing it in direct competition with AMD/ATI and Nvidia.
Sorry Elmer phud, that was on my etrade news ticker and I can't copy and paste, will get the source. Give me a minute.
7 figure profit, LATE BUT DELIVERED!!!
jantinna:"Closer to .04 than .20" now thats funny! I think I understand you a little better now. With math skills like that you will be broke soon.
New graphic chip unit to compete with AMD and ATI. INTC making all the right moves lately.
Ha, so true, I've been accumulating since mid single digits, even took some profits, I'm ALL GREEN. The people who bought in two days ago and are mad because they are not millionairs today crack me up. I takes a while people. Go have a snack or something.
Yes, look at the share price. We seem to have quite a bit of support at this level. Confidence is still high in spite of what the MGB crowd wants us to think. We all know they swarm on a stock board that is about to move.
ABLE and SEAB are at .20 and .42 respectively on the ask. Yesterday the were at 1.15, the number does seem to have some relevance.
I like reading this stuff, the blog will probably end because people have turned it into a circus that the company is'nt going to want their customers to see, but the more I read here the more I realize that while there ARE many people smarter than myself, there are ALOT MORE WHO ARE NOT.
Hey air, LOL, your holdings in sljb and that bet you just made are both a sure win for you. So it seems you only bet on a sure thing. I think your a smart cookie. I feel like buying more.
I hope not, we need to be patient, the blog is probably soon to be history as people have turned it into a circus. Almost as bad as this board. The guy is probably a little BUSY RIGHT NOW.
I said I was sorry! I'll try and find some news, but you guys usually know it already by the time I've found it. Lighten up a little, I bought a few thousand shares of INTC near the recent bottom. Should make you happy unless your short.
I love this, it's funny, and it's always worked out that the more entertained I am the sooner something will happen. I watch the numbers but that's boring. The MGB croud entertains and encourages me. But then I'll jump out of a perfectly good airplane. So I might be crazy.
"I trust PROFITS. And I trust GROWTH." Well, that's about all I've seen from this company, so can assume you trust them? Or are you not aware of the pps history?
You guys on this board seem very professional, so do I dare make this comment?
Oh, what the heck.
weeeeeeeeeeeeeeee!
sorry.
Yes, and over the weeks and months since I first bought this stock I have made a buttload of cash with more on the way. More time for more money. This company already bought me a new car!!!
The document(s) might be just a bit larger than a page or two folks. They probably are'nt finished reviewing them yet. Have some patience.
They would have lost me when they said they are gonna colonize the moon!
Yep, that is a very enlightening post.
Former MM speaks, good read.
http://www.investorshub.com/boards/read_msg.asp?message_id=13614513
They make money from situations like THIS, panic sellers. I want more SLJB, just like the geniuses at NITE!!! Yes I'm making money off off them too. LOL
I hear what your saying, but those guys are not stupid. Check the price of NITE. Near their 52 week high.
Yeah, I'm glad your not my boss!
The stock is doing fine. imo
Means they want to buy, but they don't want to sell.
Yes, TWO MM's at $1.15 on the ask for SLJB!
ABLE AND SEAB at $1.15 on ask now!
Nice move!