David Burrows
Level 3 Communications
LVLT-N
DON'T BUY
Aug 12, 2003
This company has come through the wars.They spend billions of dollars to build state-of-the-art networks.Not sure that data traffic has grown as quickly as expected.Pricing has been weak.
Warren Buffett bought lots as a long-term hold. Ranks in the bottom part of their database. Earnings are down 17%. Earnings next year are forecast had virtually no change.