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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: SDR-SI who wrote (1142)7/20/1998 4:43:00 PM
From: Curtis E. Bemis  Read Replies (1) of 3873
 
There is virtually no difference to the stockholder between a 100% stock dividend and a 2:1

Thanx Steve-- I got carried away but the mechanics were confusing.
I also listened to the playback-- 888-566-0907, good for a couple of days. Jim Crowe explained the dividend, err split, as "--the same as
two nickels for a dime" and was done to ease the fear of stockholders
who had complained about volatility. Yeah, I knew that much ;-))

Rest of call was very interesting about LVLTs buildout and progress
as well as details of todays $700 million cost sharing announcement.
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