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

To: craven moorhead who wrote (627)3/31/1998 11:09:00 AM
From: Larry V  Read Replies (3) | Respond to of 3873
 
I've been lurking for months. Great board and intelligent posts for the most part. Was in and out for a profit.

I find it curious that there is not interest/speculation about the effects of tomorrow's listing on the Nasdaq.



To: craven moorhead who wrote (627)3/31/1998 11:20:00 AM
From: R. Marks  Read Replies (1) | Respond to of 3873
 
Craven,

There were only 2.3 mil C shares converted and each C share converted to approx 4.46 current D shares. This amounts to about 10.2 mil D shares. These shares ARE INCLUDED in the 147 mil outstanding shares. No one I know is going to sell any amount to speak of until the price goes substantially higher.


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