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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: Ken98 who wrote (829)4/10/1998 4:40:00 PM
From: Ken98  Read Replies (2) of 3873
 
Is this part of the 14+ million shares bought by US Bancorp?

From a 13D filing by Walter Scott today:

<<The Investor is the beneficial owner of 17,686,247 shares of Common Stock. This amount represents 12% of the Issuer's issued and outstanding Common Stock. The Investor retains both voting and investment power over such shares of Common Stock. The Transaction was consummated on March 31, 1998.>>

Has anyone seen number of old Class D shares held by Walter Scott prior to 1/1/98? If he bought those 14+ million shares in the open market at approx. $60/share that is a very powerful statement as to the future prospects of this company.
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