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

To: Frank A. Coluccio who wrote (3139)	12/4/2001 6:51:52 PM
From: TigerPaw	Respond to of 3873

but how can they justifiably put the squeeze on gaming? I know that I don't need high speed access to read my e-mail. Each user has an idea what is their essential reason to use the service. Gaming may be a "premium channel" on the cable once there is a critical mass of customers. TP

To: Frank A. Coluccio who wrote (3139)	4/9/2002 10:05:07 PM
From: Raymond Duray	Respond to of 3873

Level 3 may bid for troubled rivals - WSJ totaltele.com Level 3 may bid for troubled rivals - WSJ By Reuters staff 09 April 2002 Network operator could bid for rivals such as Global Crossing, reports The Wall Street Journal. High-speed communications network operator Level 3 Communications Inc. may be prepared to launch bids for its troubled rivals, including Global Crossing Ltd., but no specific bid for the bankrupt telecom company is pending, the Wall Street Journal reported in its online edition on Tuesday. Level 3 has already expressed interest in at least two other telecom companies, Williams Communications Group Inc. and Flag Telecom Holdings Ltd., the Journal reported, citing people familiar with the matter. "We have financial dry powder," Level 3's Chief Executive Officer Jim Crowe told the Journal. "We are not among the walking wounded. The over pessimism in the industry is creating opportunities for us to buy assets. To buy assets makes sense when it (enables us to) acquire customers and lower costs and create cash flow." The telecoms industry has been buckling under massive debt, slack demand for high-speed capacity and declining rates for transmission services, sending quite a few of its players to the bankruptcy court. ******************************************************* Dry powder??