LVLT has seen a year low of 2.53 and has been rising ever since, i think we've seen all the bad news so far. Its been going up ever since with great signs of a rebound to the high 3's to low 4's within the next couple of months. Talks of demand for LVLTs fiber network has been in the news for months now. Their problem is their incapability of supplying that demand, which will be a problem that needs to solved right after the new CFO comes in. From my personal experience, we will be seeing another dip which will most probably happen after the 4th quarter results are posted. This should be recognized as a buying opportunity. By the 2nd half of '08, we'll start seeing a substantial increase in the share price as they start realizing that their recent acquisitions need to be put into work to generate at-least one quarter that turns a profit. Another factor that'll affect the price of the stock in the beginning of '08 is the employment of the new CFO, who will replace Sunit Patel. Patel's expertise was no longer needed when LVLT stopped acquiring companies. They'll be needing a CFO that knows how to effectively organize and put those acquisitions to work to generate a profit. LVLT is a long shot, anyone thinking of "trading" this stock to turn a profit quickly is in the wrong game. Its not as volatile as it used to be. If your thinking of investing, then buy on dips whenever you can.
$3.22 (11/26/07)
