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Banco Santander, S.A. Message Board

  • bchbumin bchbumin Apr 1, 1998 10:57 AM Flag

    Help on LVLT

    This for stockjunky. I know this is not the proper board for this message, but thought you could help with this stock, which just went on the board today.Your thoughts will be appreciated. Thanks !!!

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    • Bchbumin, about the only thing I have at this time is that this is a spin off from Peter Kiewit Sons, Inc. a large construction company. LVLT is in telecommunications and what a construction firm is doing associated with this type of operation is interesting.

      Until we can get a financial statement on the company, I can't give you any financial paraameters.

      LVLT wants to expand overseas and the competition in this arena is very strong. It would seem to be a risky venture at this time. I personally would not put my money into it at this time. A new issue like this will probably have a run up and the come back down. Take a watch and see approach.

    • Bchbumin, I'll get back to you on this.

 

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