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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: TigerPaw who wrote (1112)7/10/1998 9:27:00 AM
From: David Klein  Read Replies (1) of 3873
 
<<<From that can we assume that more shares (perhaps 50 million) will be issued if the stock does start to rise?>>>

The presentation Jim Crowe gave in NY he said the plan is broken down into 5 phases. Each phase is independent and designed to service debt without additional capital. They have the $ for the first 2 phases. I doubt we will see more shares offered anytime in the near future unless the stock price does a Yahoo, then why not.
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