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


To: Don S.Boller who wrote (1777)4/1/1999 9:03:00 AM
From: Kevin G. O'Neill  Respond to of 3873
 
DON:   Some good info from the trenches...

Yahoo Post: messages.yahoo.com@m2.yahoo.com

I AM PKS EMPLOYEE, WHO SAID $80-85 IN APRIL!!!!!????
by: cl41060
4252 of 4260
Now with the recent run and breakthrough to +$70's range maybe some of you will remember my posts a couple of months ago when I said $80-85 in April. Some updates of actual L3 work on going in my area of US. I know that this cable is going in the ground at 4-5 miles a day in "our area". This of course is with no obstructions in way. We are laying so fast that directional boring subs cannot keep up even with a 50 plus mile headstart. So in some cases where we cross roads we just blow thru and repair behind. We also have heard from good sources that L3 has already asked us to add additional cities to "OVERALL PLAN". This means that things are going so well that they want to expand even more the reaches of our L3 network. It is like getting a huge change order on top of a already $2 billion contract. I heard that they may do another 1-2 yrs worth of expansions. It makes sense as sales people see interest surpassing what we had thought originally. Construction wise it makes sense to expand now while we are working in general areas then go back later after complete. WE are constructors by origin!!!! RICH ONES AT THAT!!!!! Anyways I am already looking to split soon. Does anyone want to take a stab at what price??? And how many times?? 2 to 1 or 4 to 1 I prefer the 4 to 1 as that was the original plane when Crowe explained the price structure prior to going public??? I would like some input. Thanks, and GO GO GO L3. I will say it again $80-85 in April and $120-150 at year's end is the talk within L3 boys. Go figure the math and buy some before it is "too" late. GOOD LUCK!!!



To: Don S.Boller who wrote (1777)4/1/1999 9:14:00 AM
From: Kevin G. O'Neill  Read Replies (1) | Respond to of 3873
 
DON: Looks like a 2:1 split may be in the cards?

"...board had approved an increase in authorized common shares outstanding to 1 billion from 500 million."

Level 3 restates 1998 EPS for R&D charge

OMAHA, Neb., April 1 (Reuters) - Level 3 Communications Inc. said on Thursday it had restated its 1998 earnings per share to $0.64 from $0.40 due to an adjustment in research and development charges at the request of the Securities & Exchange Commission.

The communications and information services company said it had filed its 1998 Form 10-K with the SEC, reflecting an $85 million revision to an in-process research and development charge in the second quarter.

The charge was related to the acquisition of privately held XCOM Technologies Inc. on April 23, 1998, Level 3 said.

Level 3 said it accounted for the deal, valued at $154 million, as a purchase. Of the total, $115 million was originally allocated to in-process research and development and taken as a nondeductible charge to second quarter earnings. The price exceeded the fair value of the net assets acquired by $30 million, which was recognized as goodwill, the company said.

Level 3 said that after the SEC issued new guidelines last October, it reduced the charge from $115 million to $30 million and recorded an increase to goodwill of $85 million.

The goodwill is being amortized over five years and the revised charge is subject to final SEC review, it said.

Level 3 also said its board had approved an increase in authorized common shares outstanding to 1 billion from 500 million. The increase is subject to shareholder approval and will have no effect on the company's operations or financial condition, it said.

Shares of Level 3 closed at 72-13/16 on the Nasdaq on Wednesday, just below their 12-month high of 73-3/4. Their 12-month low is 22-3/8.



To: Don S.Boller who wrote (1777)4/6/1999 11:50:00 PM
From: Donald E. Faust  Read Replies (1) | Respond to of 3873
 
I don't think it's window dressing. I used to work for parent PKS and I regret that I didn't stay for their own privately held stock which made a brother of mine a lot of money. They did it once already with MFS communications, so when LVL3 hit the bulletin I bought in the high 30's about a year ago. Well, it climbed above 80 and split just below that, and now it's back again. The management team at PKS has turned numerous things into winners. I expect it to continue, plus they have cash to burn.



To: Don S.Boller who wrote (1777)4/12/1999 8:07:00 PM
From: Von And  Read Replies (1) | Respond to of 3873
 
I'm hearing from PKS people (including below) in more than one district that conduits or/and cities are being added to original plan, not sure which, or maybe it's both. Original plan was $250 in about 2 years from now. Change orders tell me things are going better than expected. It's pretty clear to me, hold LVLT and hang on for dear life!!!!

P.S. Some old Northwest PKS'ers living pretty good in Bend these days, say in a log cabin, initials W.P., or rather B.P. Know any?

DON: Some good info from the trenches...

Yahoo Post: messages.yahoo.com.

I AM PKS EMPLOYEE, WHO SAID $80-85 IN APRIL!!!!!????
by: cl41060
4252 of 4260
Now with the recent run and breakthrough to +$70's range maybe some of you will remember my posts a couple of months ago when I said $80-85 in April. Some updates of actual L3 work on going in my area of US. I know that this cable is going in the ground at 4-5 miles a day in "our area". This of course is with no obstructions in way. We are laying so fast that directional boring subs cannot keep up even with a 50 plus mile headstart. So in some cases where we cross roads we just blow thru and repair behind. We also have heard from good sources that L3 has already asked us to add additional cities to "OVERALL PLAN". This means that things are going so well that they want to expand even more the reaches of our L3 network. It is like getting a huge change order on top of a already $2 billion contract. I heard that they may do another 1-2 yrs worth of expansions. It makes sense as sales people see interest surpassing what we had thought originally. Construction wise it makes sense to expand now while we are working in general areas then go back later after complete. WE are constructors by origin!!!! RICH ONES AT THAT!!!!! Anyways I am already looking to split soon. Does anyone want to take a stab at what price??? And how many times?? 2 to 1 or 4 to 1 I prefer the 4 to 1 as that was the original plane when Crowe explained the price structure prior to going public??? I would like some input. Thanks, and GO GO GO L3. I will say it again $80-85 in April and $120-150 at year's end is the talk within L3 boys. Go figure the math and buy some before it is "too" late. GOOD LUCK!!!