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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: IngotWeTrust who wrote (3236)7/16/2002 12:18:18 PM
From: David Klein   of 3873
 
Yes, the option plan will dilute the stock by 20% if the stock goes to $12+ per share. IMO it is flawed. If anyone is interested in the details the opposing view is at
netwisp.com

LVLT's response is at:
rockymountainnews.com

If the stock drops to under 4 or they go BK then its a non issue.

As far as BK, I'm just not sure yet. At this point I doubt it, but I could change my mind after the earnings release and CC on the 18th.
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