(LVLT) - Level 3 Communications Message Board

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Technology Stocks : (LVLT) - Level 3 Communications

LVLT 53.63

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Nov 1 5:00 PM EST

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To: Farnam who wrote (706)	4/7/1998 12:03:00 AM
From: toothid	Read Replies (2) of 3873

Farnam, Don and Mark L-- while I have you here-- Can I ask one more question for you to address. L3 still has the coal mining assets. IAT or it has been suggested that L3 may like to sell the coal assets to the construction side (hear me out). This however could create tax problems. What are the chances or possibilites of the L3- trading out the coal side to the construction side in exchange for laying all this future cable. Could this be a tax free swap?? I made a simple analogy for my question--but do you guys think this could happen and how beneficial would it be for L3 in the long run. I mean what other competitor has access to a"top notch" construction company like Kiewit-- that could lay cable next to the UNP railroad and keep the costs low or maybe tax deductible??? Thank you in advance for your consideration to my questions. doc.

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