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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 80.96+2.2%Nov 28 12:59 PM EST

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To: mfgrep who wrote (4078)6/15/1999 11:35:00 AM
From: Gary Mohilner  Read Replies (1) of 6846
 
Have all of you that are complaining about Joe Nacchio listened to or read what he's said. His key is long term growth. I think investors who let him make a lot of money for them should have enough faith in him and the company to support what they're doing.

If anything is to happen with Bell South, long term, I for one would prefer a merger of equals to an acquisition. In the interview he indicates that Bell South was well aware of what Qwest was doing. I don't believe the FCC would agree to an acquisition of one Baby Bell and a Long Distance Carrier by another Baby Bell, but a merger, especially one which the non Bell name survives, seem a lot more palatable. Don't bet that Bell South doesn't see it this way too.

If Qwest is successful in this acquisition and a merger were engineered in the future, I think Nacchio would be a strong candidate to head the merged entity.

Give Joe a break, let's see where this goes long term. It's only investors thinking they understand the business better then Nacchio and company that's sent the stock down. Take a long term view and the stock will be setting new high's again in no time at all.

Gary
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