(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: zebraspot who wrote (140)	2/27/1998 6:54:00 PM
From: Dog	Read Replies (3) of 3873

The 3 for 1 split did occur at the board meeting of L3 held earlier this week. As to why Howell says it didn't does surprise me. I assume that either he does not know or has been instructed not to say. Although you may find this strange, remember that it is not L3 stock that split --- but Kiewit. The person that handles this transaction is the Stock Registrar at Kiewit. Doug Obermier is the stock Registrar at Kiewit. I formerly worked for Kiewit and held shares from the stock Plan. The Omaha Paper has not published any information on the split but this is not surprising in that they did not have anything in the paper until they had an article on how much the stock had risen after the split. Additionally, the normal way the company informs shareholders of the split is by a letter from the Stock Registrar --- not the head of the Public Relations department. You guys are talking to the wrong person. Those who have talked to her have should gather that she doesn't have a clue because she doesn't work for Kiewit but for L3. The Stock Registrar did not send out his letter for the 5 for 1 split that the board approved in early December 1997 until 12/17/97. As of 2/27/98, I have not received my letter from the Stock Registrar informing me of the split, but I would expect it within the next 2 weeks. As Kiewit has only 2 people in the Registrars Department, they have been swamped with trading volumes averaging about half a million a day. I would suggest that those who have been contacting Julie ask her if the KIEWIT!!! Board did meet. I wouldn't be surprised if she didn't know because she works for L3. In Reply to Mark thinking that I am the same as Squid or some other varmit I am not. I use an alias due to my concern with disseminating this information and my source of it. Only time will determine the reliability of this information to you. If I am wrong, Why did the volume of this stock go to over 1,800,000 shares the day the board met? What has happened is that former employees who are millionaires because of their Kiewit stock ownership, are acquiring additional shares based on their knowledge of the results of the Board Meeting. The only surprise in the information I have obtained is that the company does not plan on issuing an IPO because the cash needs for 1998 is less than 600 million and they do not need any additional cash. I subscribed to this service while browsing the Web looking what information on L3 was out there. I understand the skeptical view some have of this and I probably would to. As the Kiewit company has made a millionaire out of me and over 500 others based on stock ownership of Kiewit & the spin-off of MFS which made a lot of people at Kiewit instant millionaires in 1995. I am only sitting back wondering how high this stock will go after looking at companies like Qwest and seeing my original $8 per share investment in MFS turn out to $80 in WCOM . I'm not greedy just giving you the information that I know. The Split is real.

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