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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: Phil Jacobson who wrote (461)3/20/1998 5:44:00 PM
From: Nick  Read Replies (2) of 3873
 
Friday March 20, 5:21 pm Eastern Time

Level 3 Communications to begin trading on Nasdaq

OMAHA, Neb., March 20 (Reuters) - Level 3 Communications Inc. said it would begin trading on April 1 on the Nasdaq
National Market under the symbol ''LVLT''.

Level 3 is presently a subsidiary of Peter Kiewit Sons Inc. (KIWT - news).

The company said in a statement issued Thursday that the Nasdaq listing would follow the separation of Level 3 and the
construction subsidiary of Peter Kiewit Sons, a move that is expected to be completed on March 31.

Peter Kiewit Class D stock will become the common stock of Level 3 Communications. Level 3, a telecommunications and
information services business, will not make a public offering of its stock in connection with the listing.

Peter Kiewit Sons, based in Omaha, derives most of its revenues from construction. The company is also involved in coal
mining, cable television and computer services.
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