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

To: Jim Furley who wrote (104)	2/25/1998 11:12:00 PM
From: Dog	Read Replies (2) \| Respond to of 3873

Just noticed this thread last night.For those people trying to find out information about L3 --- a 3 for 1 split was declared by the board of L3 on 2/24/98. This is on top of the 5 for 1 declared 12/26/98.I am not sure when the payable date or holder's of record date is but it will be within the next month or so. Also heard that there will be no IPO but that L3 will just list the stock. For information on the company you can find all the SEC filings in EDGAR. The Class D stock will become L3 once the Auditors issue their report for 1997. You should also note that they disposed of California Energy Holdings, receiving approximately 1.1 billion in Cash. The Company has cash & short term investments in excess of 3 billion to fund their planned expansion plans. I think this stock still has alot of potential with the question being how high. Hope this helps those people not being in Omaha --- home of the Omaha Oracle who happens to have his offices in the Kiewit Building.