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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 98.22+5.9%Feb 6 9:30 AM EST

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To: ouija who wrote (4603)7/18/1999 11:56:00 PM
From: HIA  Read Replies (1) of 6846
 
The price of the Qwst stock determines how many shares of Qwst must be issued to Usw...More shares would be issued at 30 than at 39...so the collar sets a maximum and minimum number of shares to issue...

At 35 a share and the 69 dollar exchange rate...Qwst/Usw could have a P/E of 35 at the end of December...
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