hoping they mean this in a POSITIVE WAY GGGGGGGGGskibare

CHICAGO — NXTcomm — Level 3 Communications Inc. (Nasdaq: LVLT - message board) said today it has completed its Internet2 network services backbone, capable of 100-Gbit/s speeds. (See Level 3 Completes Network.) With this announcement, and plans to further expand its metro fiber network, Level 3 says its enterprise business is on the verge of exploding.

Level 3 Communications had been aggressively adding to its fiber capacity to reach enterprise customers through a series of acquisitions, including Telcove, ICG, and Progress Telecom. The company now says that is has the opportunity to increase its reach in metropolitan areas by about 20-fold.

BusinessWeek’s June 25 cover story was titled “Telecom Back From the Dead.” It’s tough to think of a more welcome headline in Denver, which lost 75,000 telecom jobs in the early years of this decade as Internet stocks nosedived. Companies like Level 3 and Qwest had built coast-to-coast fiber optic networks that went largely unused. Now, with YouTube, iTunes and other bandwidth-sapping audio and video applications ruling the roost, Internet backbone companies are back.

“Today, Level 3 is alive and well again,” writes Spencer E. Ante, noting that “Level 3 says more than half of its network traffic today is from Web video, vs. no such traffic in 2000.” Level 3 stock hit a high of $129 in March 2000. Two years ago this month, it sold for $2.07 a share and Friday closed at $6.15.

“For a long time they were on death watch, but now they are the last guy standing in the U.S. wholesale (bandwidth) business,” the article quotes analyst Stephan Beckert.

High debt levels have kept Level 3 in the red, but a strong bond market allowed them to refinance, Ante writes, and analysts expect positive cash flow by the end of the year. It’s been a long time coming.

On Thursday, stock guru James Cramer (whose column has been running in the Rocky daily since February 1999) wrote that Level 3 is “a pure play on bandwidth shortage. The stock is starting to creep back now.” It’s the “most explosive stock” he follows, Cramer added, since Apple and Research In Motion have “gone up huge.”

Things look rosier on the rebound; too bad you have to get flattened first.

Level3 through Verizon has WON a signifigant PART of the Government NetworX contract…………VZ bidding against ATT and Qwest using Level3 Network COST Savings……………you do the MATH

Skibare

another month, ANOTHER Aquisition for Level3………..ever get the feeling if they stop spending money, there MIGHT be some OPPORTUNITY down the road for some GROWTH?????????

skibare

and with the Current REFI of the Balance sheet, the FCFBE 3 story takes a PRETTY turn 3rd quarter 2007

skibare

one cannot beat this price of $30 for an ENTIRE YEAR of calling

skibare

trading 500 million NOTES of 10.875 for 9.125% Due 3 years later into 2014

WHAT will the PRICE of bandwidth be in 2014 if MySpace can TRIPLE PAGE VIEWS in a year surpassing Yahoo??????????

skibare

I love Cramer but the REFUSAL to admit that Southeastern Management NOW owns 286 Million shares of Level3 is WHY Level3 is up last week and NOT his blow hard pump show……….

bout this article:
No, you should not buy a company just because it got added to the Nasdaq 100. Sure, there is money indexed to this group of stocks, but if you are picking up some Level 3 right here, today, I think you need to remember where this stock came from and what has to happen before it goes higher. First, it was up huge last week, in part because I had CEO Jim Crowe on “Mad Money” last week and in part because the company gave some very reassuring presentations about how things are going at the company. Second, you have a situation where the Broadwing deal hasn’t closed, so you can’t blow through the arbitrage. I like the stock very much but believe it’s up a little too high. I would sell into the upside and buy it back later this week. Simple play. At the time of publication, Cramer had…

well, its OFFICIAL, Level3 to go UP on next week……….

NEW YORK, Dec 8, 2006 (PrimeNewswire via COMTEX) — The Nasdaq Stock Market, Inc. (NASDAQ(r)) (NDAQ :
nasdaq stock market inc com
News , chart, profile, more
Last: 36.70+0.25+0.69%
4:00pm 12/08/2006
Delayed quote data
Add to portfolio
Analyst
Create alert
Insider
Discuss
Financials
Sponsored by:
NDAQ36.70, +0.25, +0.7% ) announced today the annual re-ranking of the NASDAQ-100 Index(r), effective with the market open on Monday, December 18, 2006.
“The NASDAQ-100 Index is one of the world’s most recognized benchmarks that owes this distinction to its components: companies that are leaders in a diverse range of industries,” said NASDAQ Executive Vice President John L. Jacobs. “The annual re-ranking of the NASDAQ-100 Index is an objective, transparent process that culminates in the formation of a select group of companies in a global benchmark that is the basis of dozens of licensed innovative investment products throughout the world.”
The following 3 issues will be added to the NASDAQ-100 Index: Level 3 Communications Inc. (LVLT :
level 3 communications inc com
News , chart, profile, more
Last: 5.82+0.07+1.22%
4:00pm 12/08/2006
Delayed quote data
Add to portfolio
Analyst
Create alert
Insider
Discuss
Financials
Sponsored by:
LVLT5.82, +0.07, +1.2% ) , Infosys Technologies Ltd. (INFY :
infosys technologies ltd sponsored adr
News , chart, profile, more
Last: 55.03+0.38+0.70%
4:00pm 12/08/2006
Delayed quote data
Add to portfolio
Analyst
Create alert
Insider
Discuss
Financials
Sponsored by:
INFY55.03, +0.38, +0.7% ) , and Vertex Pharmaceuticals Inc. (VRTX :
Vertex Pharmaceuticals Inc
News , chart, profile, more
Last: 43.23-0.36-0.83%
4:00pm 12/08/2006
Delayed quote data
Add to portfolio
Analyst
Create alert
Insider
Discuss
Financials
Sponsored by:
VRTX43.23, -0.36, -0.8% ) .
The NASDAQ-100 Index is composed of the 100 largest non-financial stocks on The NASDAQ Stock Market(r) and dates to January 1985 when it was launched along with the NASDAQ Financial-100 Index(r), which is comprised of the 100 largest financial stocks on NASDAQ. These indexes were originally designed to segment NASDAQ into two major industry groups to support media coverage and to act as benchmarks for licensed financial products such as options, futures, and funds. The NASDAQ-100 is re-ranked each year in December, timed to coincide with the quadruple witch expiration Friday of the quarter.
On a cumulative price return basis, the NASDAQ-100 Index has risen over 1,333% since inception, and it has outperformed several major domestic and international stock indexes for the ten-year period ended November 30, 2006, although past performance is not indicative of future performance. For the most recent one, five, and ten-year periods ended November 30, 2006, the cumulative return of the NASDAQ-100 Index was 7.1%, 12.2%, and 114.8% respectively.
Shares of each company in the Index are included in the NASDAQ-100 Index Tracking Stock(r) (QQQ(r)) (QQQQ :
Nasdaq-100 Trust 1
News , chart, profile, more
Last: 43.90+0.20+0.46%
4:00pm 12/08/2006
Delayed quote data
Add to portfolio
Analyst
Create alert
Insider
Discuss
Financials
Sponsored by:
QQQQ43.90, +0.20, +0.5% ) , which is an exchange-traded fund (ETF) that trades like a stock. It is the most actively traded listed equity security in the U.S. and one of the world’s most actively traded ETFs as measured by the average daily share trading volume(1). QQQ represents ownership in the NASDAQ-100 Trust(sm). The Trust holds a portfolio of equity securities that comprise the NASDAQ-100 Index and aims to provide investment results that, before expenses, correspond with the performance of the NASDAQ-100 Index. Since its inception in March 1999, the Trust’s total assets have grown to over $18 billion.
The NASDAQ-100 European Tracker Fund(r) (EQQQ(sm)) is listed on Borsa Italiana, SWX Swiss Exchange, Deutsche Boerse, virt-x, and London Stock Exchange. EQQQ provides European investors with low cost access to the entire range of companies in the NASDAQ-100 Index in European hours, on European markets. Since its inception in November 2002, the Fund’s total assets have grown to approximately $425 million. EQQQ is not available to U.S. investors.

Southeastern Asset Management Raises Level 3 (LVLT) Stake to 22.3%
12-07-2006 12:12:19 PM

More 13Gs

* Southeastern Asset Management Raises Level 3 (LVLT) Stake to 22.3%
* Highland Capital Accumulates 6.2% Stake in Delphi (DPHIQ)
* JLF Asset Management Raises Stake in eCom Ventures (ECMV) to 18%
* SAC Capital Discloses 5% Stake in Impax Laboratories (IPXL)
* SAC Capital Discloses 6.2% Stake in Casual Male (CMRG)

In an amended 13G filing on Level 3 Communications Inc. (Nasdaq: LVLT), Southeastern Asset Management discloses a 22.3% stake (286.4 million shares) in the company. This is up from the 180.8 million share stake the firm disclosed for the quarter ended 09/30/2006

The position includes 180,020,421 shares of common stock and 106,346,129 shares of common stock underlying convertible bonds acquired in 2005.