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


To: MangoBoy who wrote (1905)4/22/1999 1:44:00 PM
From: VIXandMore  Respond to of 3873
 
Agreed about the bottom line, Mark, but I think even significant
revenue growth may not be what to focus on at this point. In terms
of managing expectations, I expect they'll talk about how far they
are ahead of schedule in deploying the fiber network and maybe
announce a new strategic relationship or something like that.

Specifically, I'll be looking at the metrics they talked about during
the Feb earnings release:

Performance Metrics

In order to monitor the progress of the network build-out, Level 3
has developed operating and construction metrics. These benchmarks
will be reported every quarter to help Level 3 stockholders and the
investment community monitor the company's performance and anticipate
future progress. This set of benchmarks is for Phases 1 and 2, which
includes 25 U.S. city networks, the 16,000 mile U.S. intercity
network, 6 International city networks, and a 2,000 mile Pan-European
network. Level 3 plans to have operations in approximately 50 U.S.
and 21 international cities overall.

Definitions:

-- Markets in Service -- Type I -- the number of local markets where
Level 3 has an operational gateway site, and a salesforce offering
products over leased or owned facilities.

-- Markets in Service -- Type II -- the number of cities where Level
3 has accelerated market entry. Each of these markets has a smaller
operational gateway facility and a salesforce. The accelerated market
entry precedes funding for the local network build.

-- Markets with Fiber Networks -- number of local markets where Level
3 is able to offer services over owned networks.

-- Intercity Rights-of-Way Miles -- number of intercity miles where
rights-of-way agreements are secured. Rights-of-way agreements are
required for Level 3 to build the intercity network.

-- Intercity Route Miles Under Construction -- number of intercity
miles being constructed. A segment is considered to be ''under
construction'' when the contractor is mobilized.

-- Intercity Route Miles Completed -- number of intercity route miles
with completed conduits installed.

Construction Rollout Schedule For International Network
(Prefunded Portions)

1999 2000

Metric 1st Q 2nd Q 3rd Q 4th Q 1st Half 2nd Half
Est. Est. Est. Est. Est. Est.

Markets In
Service Type I 1 2 4 5 6 6

Markets In
Service Type II 1 1 1 1 1 1

Markets With
Fiber Networks -- -- 1 3 4 5

See biz.yahoo.com for more details.