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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?


To: Frank A. Coluccio who wrote (17152)10/9/2006 4:03:11 PM
From: paulmerch  Read Replies (3) | Respond to of 46821
 
FC,Tech,

Here's Gilder's take on GOOG...and the future:

wired.com

Paul



To: Frank A. Coluccio who wrote (17152)10/11/2006 1:43:44 AM
From: Frank A. Coluccio  Respond to of 46821
 
Will Google gobble Level 3?

What were we saying yesterday about Google acquiring a fiber carrier? Level3? Rumors are said to abound. The first article below by Bob Mook of the Denver Business Journal, and the second one is from from David Utter of WebProNews.]
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Will Google gobble Level 3?
The Denver Business Journal
by Bob Mook Oct 10, 2006

Rumors circulating around Wall Street that Google Inc. might buy Level 3 Communications Inc. may have sent the Broomfield-based broadband company's stock higher on Monday.

Level 3 (NASDAQ: LVLT) shares closed up 12 cents to $5.27 -- up 2.33 percent from Friday's closing. Some observers say the rumored acquisition makes sense after the search engine announced Monday it would pay $1.65 billion for the popular video-sharing portal YouTube. Level 3 recently agreed to provide high-speed access and data center services for YouTube. Founded in February 2005 by three early employees of PayPal, YouTube is a social Web site that allows users to upload, view and share video clips. YouTube is based in San Mateo, Calif.

Continued at:
denver.bizjournals.com
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The Return Of Google Network Rumors
David A. Utter |Staff Writer | 2006-10-10
WebProNews RSS Feed

Fresh off of one takeover, Google finds itself the focus of another whispered rumor, this time involving broadband provider Level 3 Communications. The basic version of the story contends Google may want to acquire the communications provider that powers YouTube and its millions of streams delivered per month. A story at Denver Business Journal said rumors about the possible takeover have been tickling eardrums on Wall Street. One analyst cited in the report took a negative view of the rumor: Donna Jaegers, an analyst with Denver-based Janco Partners Inc., immediately dismissed the rumor. "I severely doubt that," she said. "Level 3 has a lot more capacity than what Google needs." Jaegers also said Level 3's debt load is too high to make it a logical acquisition for Google.

Continued at:
webpronews.com