Qwest Communications (Q) (formerly QWST) Message Board

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Technology Stocks : Qwest Communications (Q) (formerly QWST)

Q 78.94

-6.9%

Dec 12 9:30 AM EST

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To: Nick who wrote (2018)	7/31/1998 11:52:00 AM
From: David Harker	Read Replies (1) of 6846

A little info on Anschutz, who owns 57.xxx% of QWST... from Forbes magazine web site, an article on the "top 10" Billionaires - those who are active in guiding new, groundbreaking businesses, vs. just collecting dividends (the #1 was Bill Gates): Notice that his stake in QWST is worth 6.6 Billion, 75% of his net worth... forbes.com 3. PHILIP F. ANSCHUTZ U.S. Age 58. Net worth: $8.8 billion The man: Native Kansan. Shuns publicity, photos. The empire: Oil and gas, real estate, railroads, sports, and lately, high tech. The year: Broke ground on $300 million sports arena in Los Angeles for Lakers (basketball) and Kings (hockey) teams. Good call: Spent $55 million laying fiber-optic network along his rail lines. Took company public as Qwest Communications last June. Stake now worth $6.6 billion. New venture: Qwest just agreed to buy long distance provider LCI International for $4.4 billion, making it the fourth-largest long distance company in the U.S.

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