LEVEL 3 (LVLT)

[mr_bitterness]

Who wrote that? They gave slightly different numbers than most others I've read.
Also

LVLT said enterprise was growing nicely via upgrades but not in creating new solutions, I don't see that as a downside, esp. since once the economy picks up, enterprise should jump as those customers start adding brand new services.

They got an upside of more than 5% in their OIBDA estimate. Not good enough?

SBC gave an upside surprise which doubled their estimate. Again, was that not good enough?

Europe also gave them a surprise of +6%, with continued growth expected as I remember it.

AND positive free cashflow was expected to drop to 11-12% of revs for Q3, not for 08. Did I hear that incorrectly?

So let them sell. They'll be back driving it higher after their next round of estimates all get beat too.