(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 wrote (362)	3/17/1998 9:58:00 AM
From: RBVD	Read Replies (1) of 3873

Jim Crowe is intending to spend 10 billion dollars. He has 3B in cash. He needs to raise additional capital to fund the build. If he splits the stock it does nothing for him in the way of raising cash. However he does have 500MM shares authorized. He could issue, say, another 150MM shares and formally list the stock to raise additional capital. My concern is that if this were to happen it would dilute the current outstanding shares. Remember, trading this stock via the BB listing is unauthorized by the company. Any responsible business decisions made by the company's management should not factor in what is happening with the price of the stock on the BB board. Does anyone care to comment about this. Where are you Dog?

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