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

To: David Klein who wrote (782)	4/7/1998 3:05:00 PM
From: Kevin G. O'Neill	Read Replies (1) \| Respond to of 3873

Dow Jones gives it a little meat... Kaufman Starts Level 3 At Buy; Sets 12-Mo Target At 93>LVLT NEW YORK (Dow Jones)--Kaufman Bros L.P. initiated coverage of Level 3 Communications Inc. (LVLT) with a buy rating and a 12-month price target of 93, said analyst Vik Grover. Shares of the Omaha, Neb., company recently were up 4 1/2, or 7.3%, to 66 on Nasdaq volume of 323,100, compared with a daily average of 1.2 million. Level 3 began listed trading on the Nasdaq National Market last week after trading on the bulletin board as the Class D stock of Peter Kiewit Sons Inc. The company has outstanding management and is poised to become a leader in data and phone service based on Internet technology, Grover said.