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


To: Ron Kline who wrote (228)3/8/1998 5:40:00 PM
From: Diana R. Chambers  Read Replies (1) | Respond to of 3873
 
Ron,
< I see that L3 owns a % of RCN. Does that mean that if I invest in L3 I'm actually investing in both companies.>
I think it's 48%. So, yes. RCN is run by old colleague of L3 team. IMO, L3 will give you RCN plus much more. Not to disparage RCN--its CEO McCourt is very dynamic. But they all came from the same Kiewit non-bureaucratic, can-do culture. It's just that a national and intl IP network is a very BIG deal!

Diana