Stock ticker (LVLT), this stock is trading around the $1.70 range with a 52 week high of $3.90 and a 52 week low of $0.57.
Yes I understand the fundamentals in this company if weak but at one point in 2001, they were trading around $130 (during the tech bubble).
Do they at least have positive cash flow?. What's the scoop on this little basket case.
Anonymous
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Well to answer your last question, no the company does not have positive cash flow, as of 3/31/2009 the company showed negative cash flow. The company has negative profit margins, negative return on equity, negative net income, revenue has been falling and EPS is negative. Motley Fool recently called LVLT a doomed stock to avoid because of its high levels of debt and lack of cash.
http://www.fool.com/investing/value/2009/07/24/doomed-stocks-you-should-avoid.aspx