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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: Jesica Dawnet who wrote (3324)8/29/2002 9:03:05 AM
From: Jesica Dawnet   of 3873
 
Same news, different URL.

Note the paragraph that says:

"News of the deal follows Standard & Poor's decision earlier this month to cut the company's credit rating a notch to triple-C from triple-C-plus on the belief that Level 3 wouldn't 'be able to generate substantial cash flows to materially reduce its leverage due to poor fundamentals of the data transport industry.'"

Level 3 Gets Pact With Pan-European Research Community
biz.yahoo.com
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