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

To: halftime who wrote (2365)	4/1/2000 11:58:00 AM
From: halftime	Respond to of 3873

Long report, but well worth the read. tmdenton.com

To: halftime who wrote (2365)	4/1/2000 1:14:00 PM
From: zj	Read Replies (1) \| Respond to of 3873

PattiBob, They could announce any day now. It could be the day of earnings, April 18th, or as halftime said the directors might wait until the annual meeting in Omaha. Source is good, also said there will be plenty of good news in the next 15 months. Split or not does not matter to me, been in since she was KIWT on the BB. Holding until she's sold or becomes the worlds most dominant player in its industry.

To: halftime who wrote (2365)	4/1/2000 4:06:00 PM
From: IngotWeTrust	Read Replies (3) \| Respond to of 3873

Enjoyed your "in love w/LVLT" post, but we'll have to agree to disagree. 1)I didn't raise the issue of LVLT being/acting/heading for monoply status. I raised the issue of the Gates and Buffets kingpin role bringing unwanted negative regulatory attention to this particular company. So we disagree here. 2) Bill is NOT going to get his way simply because he IS a young whippersnapper that needs to be taught a lesson in the minds of the old guard. Happens all the time in the good "OLD" boys initiation of the fresh-youngfaced-men ilk. Gates just had the misfortune to be FIRST. McNeely and Case are next in line, just like a bunch of dominoes. We disagree here. 3) The cost of breaks, downtime, re-do, increased per foot cost instead of cheap railroad right of way bullshit promises RAISES the over all costs, PERIOD. You and others are Ostriches if they think just because the cost of the project gets bigger, the incidentals are "just a low percentage." WHERE IN THE WORLD DID YOU GET THAT SPIN/ARGUMENT??? What a screwy line of b/s! I'm surprised at you coming up w/that one. And we just met! And you are ALSO fooling yourself if you think a little grass seed will placate the BLM. You obviously have NOT dealt with the federales in this regard in your limited role. Any raising of the cost of a project, by pushing out the time-frame, increased COG, litigation costs, remediation costs, etc., it's just increasing the "sale price" in order to just recoup costs. Negatory earnings double this year over last year when the project was supposed to be completed last year, is just exactly the kind of proof I need to get "enthused" about $100 plus valuation for a stock. It doesn't take a genius to know that there are no 1000% markups/margins in the construction business, I don't care WHAT their project is. This Project is a MONEY PIT and cannot continue to sustain indefinitely returns to the equity markets with more cost overruns and more completion date pushouts. There are just too many more sexier places to put ones money than in LaLaLVLland. Swallowing this LVLT pachyderm is going to make more than a lump in the anaconda acquirer's throat. Like any other business it will have to be sold to "capture" profits, otherwise you're going to have a bunch of hard-hats running a telecom...gimme a break! We disagree here, too. 4B: As far as Crowe selling "every day for a year to diversify and pay down debt..." well, now ain't that just lovely to have the top doggy dog need $4+ mil a month for the last 12-15 months plus all of the forseeable future... just to march in place. Even Bill Gates doesn't flash and spend like that, and Crowe is just a gnat compared to Gates. I submit Crowe and his "upfront confession" is just a further example of ALL underlings having a lousy spendthrift example in the corner office. No wonder they send out 37 men to do a job 3 good men-- with radio transmitters --could do. WASTE IS WASTE and adds to cost overruns and time push outs. Same-o, Same-o. So this guy makes a big deal about fessing up and going public about his puking up 400,000 per month PLUS...he owns 11m directly now, and 10 mil indirectly. That 400,000 share upchuck per month is a HORRENDOUS and BLATANT example of puking up this stock. Check the rest of the insiders...HE's NOT the only coughing it up...the 144 reports read like a who's got the hot potato now game we used to play as a kid. I suspect it is primarily b/cause it is a who can get the cash out before the cash burn gets outta hand game that most construction outfits face. I'm not impressed with his Crowe's "candor", nor his greed, nor his personal indebtedness reduction. Jeeeeezus Christ. $4 million a month to get flat. Yeah, I want him in charge of my grocery budget!!! We disagree here. Your final point: never lost a dime...etc. Well, fat cats tend to hang out with fat cats, so pat yourself on the back. But to claim you are Joe Schmoo in this stock at these levels with the factual field report of what is actually going on out here in "execution of plan" land...you're dreaming, but entitled to do so. Just don't pretend to be one of the "little" fish...the scales don't fit. I DID however appreciate the factual info on secondary offering price of $54 and $108...those dips are both reflected in the current chart. Did notice, however, with your familiarity with the particulars of this company, you did NOT address the pertinent factual request of how much was insiders selling into these secondarys, as opposed to actual "new shares" coming to market. For all the glitter and glory you believe this fiber optic project possesses, I'd have thought ole Bill 'n Buffy would have flipped this to Koch instead of offering it to these bumbling wasteful Kiewit Klowns. At least if Koch was doing it, it would come in UNDER BUDGET, LEGAL LIKE, QUIETLY and without all the fanfare, dilution and blue-sky. Now if you told me you were a KOCH insider, I might be impressed. I think I've made my point here. I hate saying the same thing over and over to a bunch of starry eyed fiber -optic- sector gamblers who think construction biz is Tonka Play with yellow hats, company trucks and a lunch pail with a toolbelt thrown in for appearances. You all party without me. I've made my report to my friends and neighbors and they are looking for better places to put their capital in businesses they do understand instead of pouring sand down this rat-hole, especially with what they are actually witnessing in their neighborhoods, county planning commissions, and along the "railroad right of ways-NOT!!! at the hands of this Kiewit heavy handed bunch. Se le vie