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

To: Margin of Safety who wrote (3723)	5/8/2013 7:18:06 PM
From: Dwayne Hines	Respond to of 3873

TW Telecom Inc. (NASDAQ: TWTC) and Level 3 Communications, Inc. (NYSE: LVLT) move higher following comments from Corvex's Keith Meister at Ira Sohn. Meister owns both and believes Level 3 will acquire TW Telecom. He said he owns 6% of TW Telecom and plans to file a 13D shortly. He owns 3% of Level 3. He has a target price of $34 per share for Level 3. TW Telecom has upside to $38 per share, he said. Shares of LVLT are up 5% and TWTC is up up 3.9%.