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


To: Rupert who wrote (2524)10/26/2000 10:30:55 PM
From: SecularBull  Respond to of 3873
 
Rupert, thanks for the heads-up.

LoF



To: Rupert who wrote (2524)10/27/2000 9:38:59 AM
From: Yogizuna  Read Replies (4) | Respond to of 3873
 
Whacko environmentalists hard at work again...... I doubt very much the laying of that cable would have endangered the monarch butterfly population, but hey, these folks need something to do and justify their jobs..... LVLT is now trying to hold on to falling trend-line support so it will not completely break down here. Have a good weekend everybody! Monarch butterfly collector Yogi <big grin>



To: Rupert who wrote (2524)10/29/2000 9:00:06 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 3873
 
Fair Use, etc...

Beat the clock --Costly deadline pressuring Level 3 Work Deadline Could Cost Millions 10/26/00 By MORGAN GREEN, NEWS-PRESS STAFF WRITER

mgreen@newspress.com

An estimated $250 million in business
losses could result from county
protections for butterflies and
waterways unless an international
company laying high-speed
communication cable through the South Coast finishes the work by
Nov. 1.

Level 3 Communications and its cable-laying contractor and former
parent company, Kiewit Construction, are scurrying to resume
work on the underground data and voice cable to Los Angeles to
meet a reported startup deadline for customers of Dec. 15. The
company stopped laying fiber-optic cable last week after the
California Public Utilities Commission threatened a shutdown for
environmental protection violations.

The cable through Santa Barbara County is among the last
segments of a 16,000-mile, $10 billion intercity system that is part of
Level 3's expansion as a worldwide Internet access wholesaler.

Level 3 wants to finish burying the cable along the Union Pacific
Railroad right of way from Gaviota to the Ventura County line to
also beat a county-imposed deadline of Nov. 1, which marks the
official start of rainy-season bans on grading that might contribute
to erosion and disruptive construction near monarch butterfly
roosting sites.

The county restrictions are lifted March 31.

Santa Barbara County and state environmental-protection officials
said Wednesday afternoon they have doubts that the cable can be
finished in time. Kiewit wasn't so sure either.

"We're in the process of evaluating the situation," said Karen
Morales, a spokeswoman for Kiewit, which is based in Omaha,
Neb. The company will look into options, she said, but could not
name them.

The potential loss of $250 million was based on the project not
resuming until April, according to Dianne Meester, deputy director
of county planning and development among others.

Level 3 and Kiewit must get the cable laid and charged up by Dec.
15 because of promises to start service to Los Angeles customers
by that date, according to county officials' reports of statements by
the companies' representatives.

Paul Lonnegren, the Level 3 spokesman in Denver, declined to
confirm the figure, or the company's December startup deadline. He
also declined to name the customers in Los Angeles who are
expecting service.

The $12.8 million cable project through the county fell behind
schedule here when Kiewit stopped work last week.

The stoppage grew out of state Fish and Game Department
complaints that horizontal drilling for the cable included more than
40 leaks of drill-bit lubricant at a slew of sites. Five local streams
were polluted as a result. At that time, work was going on at 30
sites.

The underground leaks through rock fissures ranged from a few
quarts to upwards of 200 gallons. Some showed up in local
creekbeds. One surfaced near the Goleta Amtrak station. A number
of fish were reported killed in San Antonio Creek because of one
incident, according to a report to the county Planning Commission
on Wednesday.

Two commissioners said they were appalled.

"I've never seen anything like this. There were several a day,"
many of which were not reported, said Planning Commission
Chairwoman Colleen Beall of Santa Barbara.

The blame fell on the companies' need for speed.

"It's apparent that Level 3 is in a very big hurry to get things done,
and didn't understand how carefully we look" at environmental
protections here, said Commissioner Doreen Farr of Goleta.

Farr indicated she would oppose any easing of the county's winter
construction restrictions to help the company finish its project by
Dec. 15. Kiewit and Level 3 representatives scurried Wednesday to
get PUC and Fish and Game Department permission to resume their
race against the calendar.

They still must lay cable near eight protected butterfly wintering
areas. The most critical, officials said, is near the railroad tracks at
Eagle Canyon, just west of the Bacara Resort & Spa.

"We have no flexibility " to allow work beyond Nov. 1 "because
the monarchs are already there," said Michelle Pasini, a county
energy division specialist.

Relaxing the ban on grading elsewhere to accommodate the cable is
possible, Pasini said. But that would take a majority approval by
the Planning Commission.

Numerous waterways also remain to be crossed in the coastal zone
and inland, including the Santa Ynez River, officials said.

In a long-distance phone conference Wednesday afternoon among
the county and the state agencies, Level 3 and Kiewit officials
heard new requirements to prevent more polluting accidents in the
remaining days until the county deadline.

One new rule calls for hanging the cable beneath bridges instead of
boring a route beneath the creekbeds. Others include Caltrans
training for project monitors, injecting tell-tale dye into the
lubricant drilling "mud" to detect leaks, geologic evaluations of
each creek crossing, and an immediate stop to work if it rains
enough to cause creek runoff.

The company also must reroute through Carpinteria to bypass El
Estero slough, a plan that requires Carpinteria City Council
approval. Kiewit's initial plans had called for boring across a
6,000-foot-wide portion of the wetland.

Some parts of the cable project could resume by tonightThursday,
if the companies' fully cooperate with the PUC and Fish and Game
Department's demands, said Natasha Lohmuscq, a Fish and Game
spokeswoman.

"We'll do our absolute very best to meet all the regulations as
they've set for us," said Kiewit's Morales.