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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 78.94-6.9%Dec 12 9:30 AM EST
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To: pyc who wrote (1814)7/20/1998 9:34:00 AM
From: MangoBoy   of 6846
 
[Level 3 Communications Declares Common Stock Dividend For Stockholders]

OMAHA, Neb., July 20 /PRNewswire/ -- Level 3 Communications, Inc. announced today that its Board of Directors has declared a stock dividend with respect to its Common Stock, payable to stockholders of record as of July 30, 1998. The dividend will be one share of Level 3 Common Stock for each share of Common Stock outstanding on that record date. After the dividend, each holder of Common Stock will hold two shares for every one share held previously.
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