LEVEL 3 (LVLT)

[Joe1979]

I really couldn’t put a pps on this bad boy, but I can say that it’s really starting to come around. A lot of people are just scared because so many people lost so much for so long. IMO, technology is finally catching up with them and the sky’s the limit in years to come. There presence is continuing to expand throughout the world. Look at the big picture and go long… Retail customers only really own something like thirty percent of the float, there’s a reason for that, the big boys aren’t dumb.

Level 3 initiated with a Buy at Dawson James; tgt $3Font size: A | A | A8:26 AM ET 3/23/11 | Briefing.com
. Dawson James initiates LVLT with a Buy and price target of $3 saying they believe that Level 3 Communications is a deep value play, due to investors' overreaction to concerns about debt. Firm says the anticipated exponential increase in internet traffic over the next four years should help absorb the current oversupply of fiber and reduce the downward pressure on bandwidth pricing, allowing the Company to continue their recent achievement of quarterly revenue growth.