(LVLT) - Level 3 Communications Message Board

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Technology Stocks : (LVLT) - Level 3 Communications

LVLT 53.63

0.0%

Nov 1 5:00 PM EST

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To: MangoBoy who started this subject	11/13/2000 9:52:07 PM
From: KevRupert	Read Replies (4) of 3873

LVLT Bankruptcy? thestreet.com "....And the carnage continues. Monday saw Level 3 Communications (LVLT:Nasdaq - news - boards) drop $6.38 to close at $30.25 a share. The stock's 52-week high is $132.25. The problem? The company does not have enough cash to last through 2001 unless it gets more from the capital markets, and last week its existing bondholders started to fear that they might not get paid what the company already owes them. Essentially, the stock is buckling because the company's capital structure is in question. If Level 3, with $7.5 billion of debt, does not get additional financing, the stock could go to zero....."

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