Tuesday, July 09, 2002

AN OUTSTANDING SUMMARY OF THE LAST FOUR YEARS! A Level of Patience. Level 3 has a tempting combination of smart backing and a viable low-cost competitive advantage. [The Motley Fool] 5:08:37 PM     Comments[]

LEVEL 3 ONCE WAS A MAJOR SUPPLIER to Yipes. It will be interesting to see how this plays out. They continue to have an outstanding idea for last mile connectivity. Will Level 3 continue to provide services to the new Yipes? Investors buy Yipes assets to re-form. The metropolitan network operator finds a quick route out of Chapter 11 bankruptcy: a sale of its assets to investors forming Yipes Enterprise Services. [CNET News.com] 4:33:34 PM     Comments[]

I READ IT ON THE INTERNET The post below has factual errors in almost every paragraph. From the spelling of Warren Buffett's name to the conversion price of the bond deal, this article gets it wrong. Please be careful (and I'll do the same) when you are attempting to cover news. Some of the BigPub's have made errors on this story as well. The particulars are covered well by going straight to the horse's mouth. Part of the problem appears to stem from bloggers trying to write authoritatively about things that lie outside of their expertise. Buffet and friends sub Level 3 $500m for acquisitions. Chap 11 to predator in 60 seconds... [The Register] 7:59:33 AM     Comments[]

© Copyright 2002 Steve Pilgrim.

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