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

To: Carl Pergler who wrote (720)	4/3/1998 3:38:00 PM
From: MangoBoy	Read Replies (2) \| Respond to of 3873

valuation reality is starting to set in. i feel sorry for all those L3 employees who got their stock options pegged at a strike price of $75/share based on Wednesday's close. mark

To: Carl Pergler who wrote (720)	4/3/1998 3:53:00 PM
From: Kevin G. O'Neill	Read Replies (2) \| Respond to of 3873

Profit taking and panic that the stock is overvalued? ÿThe FCC is also looking into charging fees for internet telephony. See the Wall Street Journal. If you subscribe see: interactive.wsj.com I'm guessing that it'll drift slowly lower from here unless/until Crowe shows us more of his hand, BWDIK. I would also expect some spike drops that might be good buying opps. -kgo PS to Mark: I'll trade my place with a Lev3 employee. No tears here... : )