Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: stealthy who wrote (334)	3/12/1998 8:55:00 PM
From: Don S.Boller	Read Replies (1) \| Respond to of 3873

Stealthy: VERY GOOD POST - THANKS................... My quick answer to your main question - Does management care what the BB price of KIWT is??? - OF COURSE THEY CARE!!! If you were running a company: - with employees who own stock now or may get shares in the future - isn't the price important? - instituting a pension plan for the (new) company? - concerned with making deals, marketing assocs., etc.? - concerned with the morale of the others at the "stay behind" divisions? Mr. Bill in Redmond, WA may not watch MSFT every day, but you can bet thousands of employees and others do....it tells "the world" how you're doing....BB or NYSE listed - we're talking REAL dollars. BWDIK Thanks, Don

To: stealthy who wrote (334)	3/12/1998 10:17:00 PM
From: Ken98	Read Replies (2) \| Respond to of 3873

I'm new to the board but have been following it for several weeks. Stealthy raises several legit concerns but a few thoughts. First, the company owes shareholders the same legal obligations regardless of where they purchased their shares. With respect to the cost at which they purchased their shares that is another matter. Next, my guess is that US Bank purchased began to purchase their shares at about the time that volume and price started to move a lot about 3-4 weeks ago. If so, they had an average price of $60-65/sh. Last, a couple of questions. Is it possible that we are currently in the 90 day blackout period? The last press release was Jan. 19th other than to announce new HQ. Regarding business plan, the initial press release states that the name L3 was derived from plan to provide service on first 3 levels of internet. If that is correct, that would seem to imply that L3 will NOT directly compete with QWST. L3 would provide (1) end user market, (2) ISP/CLEC, and (3) regional network operations. L3 could purchase dark fiber from QWST, WMB, IIXC, etc. for backbone operations and replicate RCNC operations in other large markets. L3 could install backbone as necessary but not as a primary function. In other words, I have not seen any analysis of a symbiotic rather than competitive relationship between QWST and L3. Any thoughts?

To: stealthy who wrote (334)	3/13/1998 9:28:00 AM
From: Phil Jacobson	Read Replies (2) \| Respond to of 3873

- When or whether to do an IPO - At what initial price an IPO should be offered ---------------------------------------- Stealthy, The key is the bank buying 10% of the shares. I think the post indicating an average buy price of $60 is accurate, it may be a bit lower. I can't fathom how this could have come about without the explicit understanding of KIWT management, ie, US Bancorp didn't just read the paper and decide to buy 10% of the shares. If you assume KIWT mgmt and the bank have been talking then the price absolutely DOES matter. I was extremely glad to see that this mystery was semi-resolved by the SEC filing and to know there are real players behind the runup. There is no way KIWT will offer this stock in an IPO in such a manner to cause US Bancorp to get killed on their purchases, therefore I feel good about my investment. Thanks, Phil