SI
SI
discoversearch

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: zj who wrote (468)3/20/1998 8:26:00 PM
From: Jerry Miller  Respond to of 3873
 
...let's hope it's just a rumor.



To: zj who wrote (468)3/20/1998 8:50:00 PM
From: Tom Steele  Respond to of 3873
 
If that is the case, then they must be looking for institutional buyers. That being so, what will be the float available to them? Would not a larger number of shares make the stock less volatile and more appealing to large institutions?



To: zj who wrote (468)3/21/1998 3:15:00 PM
From: Scott Vincent  Read Replies (2) | Respond to of 3873
 
The latest rumor I heard Thursday was that they were not splitting the stock right away. They are waiting for a while and they might have a secondary offering later to raise some more cash. If they do have a secondary offering they will split the stock to around $20 a share.

Scott


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News