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Technology Stocks : (LVLT) - Level 3 Communications -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (2352)	3/31/2000 4:20:00 PM
From: TigerPaw	Read Replies (1) \| Respond to of 3873

Good Trading... Thank you, I only paid $30/share for this, so I'm not unhappy yet. Jeepers, you sound as if those folks trampled your favorite flower bed when they installed the conduit. You probably don't realize that LVLT has kind of a sweetheart deal with the contractor (like they're the same folks) so I'm not overly worried that they're going to get into a dispute that hurts the company. The fiber is also lit up along much of the route and bright little data packets are winging their way between some sizable cities. Those railroad right-of-ways went in much faster. They're going to have to screw up a lot more than letting some cows out of the pasture before I bail. TP

To: IngotWeTrust who wrote (2352)	3/31/2000 5:53:00 PM
From: Zoro	Read Replies (1) \| Respond to of 3873

WHOA! While I appreciate your comments about your experience, why is it necessary to bring such an attitude along? Reasonable people can disagree; people can even be wrong. I found your comments informative, but find personal attacks on other posters obnoxious. Please consider previewing your otherwise worthwhile posts before spewing venom. No need to respond.

To: IngotWeTrust who wrote (2352)	3/31/2000 8:41:00 PM
From: halftime	Read Replies (1) \| Respond to of 3873

Don't know how you figure LVLT is behind schedule with their buildout. Use this site to look at progress. level3.com\|network\|buildoutprogress,00.html At last quarterly meeting J Crowe stated that the buildout was slightly ahead of this schedule. You're right coal mining and fiber optics have nothing in common. LVLT took claim of the Kiewit coal properties in the spin-off of Kiewit's diversified group in 1998. The same year LVLT came public. Some things you may not know about this company. 1. This is the same management team that started MFS communications about a decade ago. Before they were purchased by MCI Worldcom (14 billion) about 3 yrs ago they had built a state of the art fiber optics network. They also purchased UUNET which to this day is still part of MCI. It has more points of presence on the net than AT+T and Sprint combined. This particular point is the hang-up the government has w/ the proposed MCI takeover of Sprint. 2. Walter Scott is the COB of LVLT. He is the retired COB and CEO of Peter Kiewit Son's Construction Co. The vision for LVLT was hatched about 5 years ago @ a meeting in Scotland or Ireland I believe. The notables in attendence were Bill Gates and Warren Buffet. It was after this meeting that the principles of MFS were brought back together to build the new network. 3. At present LVLT has about 3,000,000 sf of colocation space (rents for Approx. 125.00/sf/yr). The business plan calls for elasticity in the price of fiber optics. That is, if supply and quality is of such demand that more quantity is needed then the price will decrease as demand increases. This works real well if a company has additional empty conduits to fill with the next generation of fiber. The next generation is cheaper to install because the conduit is already in the ground. Plus each new generation of fiber can haul more information. LVLT could become the carriers carrier. 4. Don't sell this management team short. These assets will be worth much more to a major telco in the future than the cost that is associated with them in the present. If I remember correctly Worldcom bought MCI for 80B and has offered 120B for Sprint. Telco networks are not getting any cheaper to buy and not many are all fiber. Good Luck with your investing.