Boulder to DIA - $84-88

July 28, 2008

Cable Adding 5.5 Million Voip

Filed under: Highlights — Skibare @ 9:44 am

reason Level3 is GREEN today??????? this might explain………….
or, the Microsoft/Level3 CDN Contract??????// or , the Google /AndroidLevel3 contract getting leaked?????????

The flurry of news over Vonage getting a new CEO and new financing to stave off a potential bankruptcy doesn’t overshadow the fact cable companies are cleaning up in the VoIP arena.

DSLreports notes that subscriber growth over the past year ending in the first quarter of 2008 has been less than 200,000 for independent VoIP providers; that’s less than one-fifth of the new subs from the previous year. Compare that to cable companies 5.5 million subs picked up in the last year; Time Warner added 285,000 phone subs in 1Q08 alone, and it trailed Comcast’s 711,000 subs in the same time period.

Cable companies are also picking up plenty of subs from traditional phone companies, as they leverage their triple-play offerings to snap up voice services from consumers. Cable’s growth is in part leading AT&T, Verizon, Qwest and Embarq to a collective loss of 2.6 million landline customers per quarter (along with a good helping from wireless services).

For

Democratic National Convention Transportation from Boulder to Denver

Filed under: Highlights — Skibare @ 9:39 am

getting there is easy, with a ride from Boulder Taxi……….we are taking pre paid reservations and will try and ”’car pool Taxi””’ to make it greener…………

speaking of GREEN, anyone watching Level3 and the Microsoft Silverlight news for the Convention??????? Level3 is the ””backbone”’ behind the Democratic Convention Coverage and will ””stream live”’ using the Microsoft SilverLight Platform that Level3 is behind for Microsoft……………..

Obama4Level3.Skibare

July 21, 2008

Boulder Yellow Cab 303-641-7829

Filed under: Highlights — Skibare @ 11:45 am

Why be put on HOLD when you can talk DIRECTLY to the drivers………..303 641 7829 Days………

Skibare

Hot Weather and High Gas Prices

Filed under: Highlights — Skibare @ 11:43 am

I sure dont know which is worse…………the HIGH PRICE of GAS on the cabbie or the HEAT in the stinking yellow submarine?????????

IF you need a ride after hours, ie 7am to 5pm, call the NIGHT DRIVERS by their cellphones on the website!

Level3 Earnings coming Thursday……wish me LUCK cause we all know their past results just plain suck………..

CAllingitLIKEIseezitSkibare

Hot Weather and High Gas Prices

Filed under: Highlights — Skibare @ 11:42 am

I sure dont know which is worse…………the HIGH PRICE of GAS on the cabbie or the HEAT in the stinking yellow submarine?????????

IF you need a ride after hours, ie 7am to 5pm, call the NIGHT DRIVERS by their cellphones on the website!

Level3 Earnings coming Thursday……wish me LUCK cause we all know their past results just plain suck………..

CAllingitLIKEIseezitSkibare

July 14, 2008

Going Green with Level3

Filed under: Highlights — Skibare @ 10:59 am

alot of folks are going to go ONLINE for classes and learning off the NET given the HIGH COSTS for gasoline……………Level3 Earnings report in 10 biz days………..some of those FOLKS who I talked to past week UP 13% today………..not a BAD GAIN for one day

Skibare

July 7, 2008

Mason Hawkins Owns 494 million Shares of Level3

Filed under: Highlights — Skibare @ 10:47 am

seems its TIME TO BUY at $2.59

Q: How did Level 3 bonds or any bond like that ever show up in your equity search strategy?
Mason Hawkins
Well I’m glad you asked the last one. We’ll do it first because we made about 7 to 1 on your money in Level 3’s bonds. We bought the 9 and an eighths of ‘08 at 30 cents on the dollar, sold them at par, bought them back at 60 cents, exchanged them I think for 10 and a halves of ‘09, and then sold those north of par by quite a bit. We went then down the capital structure from the senior debt to two different ownerships of convertible debt, and one of those, you know, we got it par and got out at 200. And then as the revenues and the operating cash flow numbers developed at Level 3, we became comfortable then as owners and we started buying the common stock. We think the third time’s going to be the charm. … As far as Level 3’s understandability, I want to talk a little bit about that. It’s like a pipeline. It’s a very, very fixed cost business when you dig up the streets of America and put 13, 14 billion dollars in the ground. The politicians aren’t going to let us do it again because we cut every gas line and electric line and phone line and made everybody miserable and all the politicians got all the phone calls, so we don’t think they’re going to, we’re going to see that again, so we have a supply constrained interstate and metropolitan loop infrastructure that we don’t think is going to be easily replicable. The capital cost today might be multiples of what they did in 1997, 8, and 9 when they put this in the ground. And, and so, we believe that we have a fixed cost system that is getting filled up, and just like a pipeline, when you get through say 50 percent occupancy or you use up 50 percent of the capacity, almost every dollar that comes in over that has got a very high contribution margin. In Level 3’s case, it’s 70 percent, and we’re approaching that magical period where we blow through the fixed cost of depreciation and interest and we get into that, that payoff period, and the problem that we alluded to was that they had more demand than they could fulfill. They call it by another term, but the bottom line is, they got orders that they were having difficulty getting hooked up in time, so they had to stop and wait for the provisioning to get the line run say from the metro ring out, out there on I-40 or whatever, over here to the JCC. It takes a while to run that fiber line, hook up all the computers, and get all the phones connected and the TVs and what-have-you. So their challenge was one of prosperity, and we are grateful for that finally. We waited three years for the pricing to firm in this world. We were getting 100 percent unit growth and 50 percent price declines until recently. Now we’re still getting the 100 percent unit growth, as everybody wants to get on line and do movies on demand and ship videos around on YouTube and whatnot, so that is burning up capacity, and in many, many segments of the country, we don’t have enough, which means we’re finally getting the pricing that we’ve wanted for the last few years, and we do believe that we now have the right management team in place and obviously, you know, we’ve made a big bet. We increased our stake quite substantially, as you indicated.