No one ever went broke going short LVLT before a quarterly CC !!! I been long too long ( sounds like a blues song title ?) As usual its ALWAYS--- next qtr, next half, next year, next millenium, next infinity .....
Exactly, starts at the top. Management is disconnected and seem to be losing traction. Single digit growth is not going to pay the bills. CFO will just sign up for another credit card to pay the old one off and take more money out to pay management. There is alot of fat there.
“Level 3 continued to grow revenue in the fourth quarter, and we see the opportunity to improve revenue growth in 2013,” said James Crowe, CEO of Level 3. “We made good progress with integration throughout 2012, invested in the business for future growth, and firmed up our balance sheet with over $4.5 billion of capital markets transactions last year, positioning us well for 2013.”
LVLT is looking to make better than expected progress in 2013.