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Technology Stocks : (LVLT) - Level 3 Communications
LVLT 53.630.0%Nov 1 5:00 PM EST

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To: Tom Steele who wrote (855)4/20/1998 9:36:00 PM
From: Curtis E. Bemis   of 3873
 
S&P rate LVLT Bonds--

* After market close, S&P assigned its single-B' corporate credit
rating to LEVEL THREE COMM INC and its single-'B' rating to the
company's proposed offering of $1.5 billion senior notes. The
outlook is stable. The rating reflects the risks Level 3 faces in
developing a telecommunications business, offset to a degree by
the company's very capable management team and substantial
prefunding of anticipated cash needs. (Reuters 04:02 PM ET
04/20/98) For the full text story, see
infobeat.com
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