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

To: Phil Jacobson who wrote (350)	3/13/1998 9:36:00 AM
From: Zvi Yammer	Read Replies (1) \| Respond to of 3873

Wow; This is one amazing thread!!! I've just spent about 2 hours reviewing it and would appreciate some confirmation and/or correction. PKS is NASDAQ symbol KIWT. Can someone list all the Classes of PKS stock and shares outstanding. L3 is a subsidiary of PKS. L3 is not itself a publicly traded comapny. (does PKS own 100% of L3 or only part?) PKS has no direct revenue but is more of a holding company. L3 is an exciting play on the next 10 years of the U.S. Economy's telcom explosion in support of the internet appliance market. KIWT has approx 145 mil shares of which 97% is closely held. U.S. Bankcorp purchased some shares directly from PKS. But, they must have also purchased some stock in the open mkt. Basically, they agreed on a price and bought as much as they could through the BB and the rest through PKS. PKS/L3 have a very large plan to install a major FIber Loop. To do this would require the company to raise mucho denero through an IPO. The first step would be to Pump the stock up, which would be quite easy since the public float is so small and the public desire to get onto the next superstock is so great. Over the next 5 years at a minimum 36000 miles of Fiber will lain by two companies. (Who are the suppliers seems like a good play) Any and all responses would be appreciated. I've got more but, I think I'ld better hold off. Thanks Zvi

To: Phil Jacobson who wrote (350)	3/13/1998 10:23:00 AM
From: Zvi Yammer	Read Replies (1) \| Respond to of 3873

The info below is extracted from the 10Q's on Edgar. The number of shares outstanding of each class of the issuer's common stock, as of August 1, 1997: Class C Common Stock ................... 10,088,879 shares Class D Common Stock ................... 24,575,825 shares The number of shares outstanding of each class of the issuer's common stock, as of November 3, 1997: Class C Common Stock ................... 10,129,725 shares Class D Common Stock ................... 26,621,725 shares It seems that the 10 million share diff stems from the issuance of stock between the Aug 10Q filing and the Nov 10Q filing 2.1 million shares at a 5:1 split is 10.5 million new shares.