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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: MangoBoy who wrote (75)2/23/1998 2:13:00 PM
From: TXSB  Read Replies (2) of 3873
 
I'm not sure this is what Crowe wants right now. He has at least two issues with KIWT pink sheet price moving up:
1) less room to make a big splash at IPO time in spring
2) number of shares authorized... an IPO is usually priced in the $10-$30 range, so if he has to split again to make enough shares for the IPO, he might have to go through the hassle of getting s/h approval for more shares to be issued.
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