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


To: M.J.D. who wrote (262)3/10/1998 11:33:00 PM
From: Jim Furley  Read Replies (1) | Respond to of 3873
 
M.J.D. welcome to the Level 3 thread.

You mentioned you've worked 20 years at Kiewit, what was your title when you left?

Jim



To: M.J.D. who wrote (262)3/11/1998 5:48:00 PM
From: Henry J. George  Respond to of 3873
 
M.J.D.:

I also would like to welcome you to this board. I too am a 20 + person with Kiewit. 28 Years in the Phx District. This is a nice way to watch the fruits of our investment labor.

Hank



To: M.J.D. who wrote (262)3/11/1998 10:53:00 PM
From: Diana R. Chambers  Respond to of 3873
 
Welcome. As one knowledgeable about Kiewit your insights are much appreciated.

<Regarding your question on why L3 jettisoned CalEnergy, I think it was strictly because Crowe wants to focus on telecommunications. My reason for saying this is because Walter Scott (Kiewit Chairman) bought up 2 million shares of CE in the public offering CalEnergy used to raise the money to buy L3 out. Incidentally, those shares and another 16 million were sold in the high $30 range just before CE got hit by the Asian crisis reaction. I doubled up my holdings in CE at $25 last week - Walter is usually never wrong :-)>

Well, did HE rebuy at 25?

This stock reminds me of QCOM in the early days. Vast price swings. Momentum players. A wild ride.