Buying fiber makes sense for Google as it rolls out high speed test areas. Buying a telecom compnay does not. Level 3 is a neutral telecom company -- that is it does not directly compete with its customers. Google is a direct competitor of many of Level 3 heavy use customers. Do you think they would stick around if Google -- a competetor that is known to favor its own products in search -- were to own Level 3?
I hope it's true sometymz. I'm just like you. My avg share price is around $84 a share. We both are holding the bag right now. But if Warren reconsiders and buys LVLT we could possibly end up only losing $50 a share. That will be better than bankruptcy where we will lose it all. Let us pray for each other.