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

Q 96.11

-2.6%

Jan 23 3:59 PM EST

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To: Scotsman who wrote (4962)	8/24/1999 9:23:00 PM
From: AllenP	Read Replies (1) of 6846

biz.yahoo.com Tuesday August 24, 8:52 pm Eastern Time HOT STOCKS-Japan: Banks, KDD TOKYO, Aug 25 (Reuters) - The following stocks are on the move on Wednesday. 0041 GMT - Most major banks fell as investors aimed to lock in profits after a rally inspired by an alliance announced late last week by three major Japanese banks: Dai-Ichi Kangyo Bank Ltd (DKB), Fuji Bank Ltd and Industrial Bank of Japan Ltd (IBJ). The decline was also attributed to the unwinding of cross-shareholdings between Japanese corporations. DKB fell 50 yen or 4.0 percent to 1,200. Fuji Bank lost 40 yen or 3.28 percent to 1,180. IBJ declined 58 yen or 4.46 percent to 1,242. Bank of Tokyo-Mitsubishi Ltd fell 39 yen or 2.17 percent to 1,755. 0026 GMT - KDD Corp up 500 yen or 6.67 percent at 8,000 after a newspaper report on Wednesday that the international telecommunications company is in the final phase of negotiations to set up a data communications joint venture with Qwest Communications International Inc (Nasdaq:QWST - news) of the United States. KDD later said it is negotiating with foreign firms on a possible tie-up, but declined to disclose further details

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