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

To: TigerPaw who wrote (1272)	8/25/1998 3:51:00 PM
From: SecularBull	Respond to of 3873

From other businesses, including coal.

To: TigerPaw who wrote (1272)	8/25/1998 4:12:00 PM
From: Chris Beavin	Respond to of 3873

(pasted from their press release...) Second Quarter Financial Highlights Communications and Information Services Revenue: Communications and information services revenue was $36 million, an increase of 50 percent from 1997 second quarter revenue of $24 million. The year over year change is due to growth in both the computer outsourcing and systems integration businesses of PKS Information Services, and the inclusion of two months of revenue from XCOM Technologies. The XCOM revenue is primarily reciprocal compensation from its managed modem business. Reciprocal compensation is the fee a regional bell operating company pays to a competitive local exchange carrier (CLEC) whenever a local call is terminated on the CLEC's network. Other Revenue: Other revenue of $67 million includes $62 million from coal mining, a 15 percent increase from $54 million for second quarter 1997. The year over year change was primarily the result of increased shipments of alternate source coal. 1998 annual coal mining revenue is anticipated to approximate 1997 revenue.