SI
SI
discoversearch

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: Kevin G. O'Neill who wrote (1767)3/31/1999 2:12:00 PM
From: Don S.Boller  Read Replies (1) | Respond to of 3873
 
Kevin: I seriously doubt it...LVLT just gets a slight mention...
not that every "little bit" doesn't count. IMHO the recent
offering exposed the company to institutions that MAY not have
been following it before. As we (on this thread) know - IT IS
A GOOD STORY. Jim and his cohorts are a fine team..."we are
with the right folks"...................
(been taking on a little AGRPB).
Best to you,
Don



To: Kevin G. O'Neill who wrote (1767)4/6/1999 11:35:00 PM
From: Donald E. Faust  Read Replies (1) | Respond to of 3873
 
Kevin - Nobody I know really talks about Level 3 because their not one of those hip internet stocks. They have strategic alliances with several key companies - GST, NextLink, Cybertel, the list kind of goes on. Time Warner has entered into a 20 year contract to lease communications conduit from Level 3. I bought the stock in the high 30's about a year ago and the stock climbed to over 80 and then split in the 70's I believe, and now it's back up there. Nothing that's going to get major headlines - just consistent growth. Here's the best part - the parent co. is a construction comapany utilizing their manpower and knowledge to build the first national IP network, and they have proved it before with a previous company they started called MFS Communications, which we know as WorldCom now. They are still essentially in the development stage and they had somewhere around $6+ billion hard cash to play with.