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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: Nancy L. who wrote (609)3/30/1998 5:34:00 PM
From: Phil Jacobson  Read Replies (1) of 3873
 
Ken98's response to craven is correct. The Class R conversion will have no noticeable effect and cause neither a cash outlay, accounting expense, or significant dilution of LVLT. Back to the previously scheduled program...

Phil
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