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: Lorsung who wrote (480)	3/23/1998 8:11:00 AM
From: JRobinson	Respond to of 3873

>> The point is that the Class D shares that you think will be flooding the market have been available since the first of the year. Ask any Kiewit employee that converted the past two years.<< This was not my opinion. This was posted verbatim from the Omaha World Herald. Since they quoted a company official I assume they got their information from the company as well.

To: Lorsung who wrote (480)	3/23/1998 8:20:00 AM
From: Microfiber	Read Replies (2) \| Respond to of 3873

I am a current employee and the converted C to D shares have not been issued yet. This will not occur until the audited Coopers and Lybrand numbers are formally published. This should happen within the next few weeks. Based on my calculations, this will amount to approximately 10.25 million additional shares in the market. Since Kiewit people like to hold on to a good thing, I seriously doubt that many of these employees or ex-employees will be selling soon. The only reason they will sell is to diversify their individual portfolios or to pay down any investment debt they have incurred over the years.