Level 3 Shares Cheaper Than a Cup of Coffee

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    The company remains confident that it has sufficient cash on hand to repay the remaining $305 million of September 2009 maturities,” the company noted in its news release. With debt hovering around $6.6 billion, the company would need to find a tight fiscal rope to make things work. When I spoke to the company recently, they said they weren’t worried about refinancing their debt. Level3 has been through tough times before, and if there is a silver lining on these dark clouds: company has the wherewithal to deal with any crisis

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