Qwest Communications (Q) (formerly QWST) Message Board

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

Q 81.09

+2.3%

Nov 28 9:30 AM EST

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To: Scotsman who wrote (5170)	10/4/1999 4:36:00 PM
From: RTev	Read Replies (1) of 6846

I find it difficult to believe that Phil Anschultz, who owns 40% of Qwest, will let it go for 40-45 a share. I don't doubt that some of today's jump was due to takeover speculation, but I agree that QWST would not go easily. I don't recall what the breakup provisions were in the USW merger agreement, but that must be taken into account since USW has made it clear that it will do just about anything to avoid a takeover by another RBOC. For several years, USW avoided the RBOC mating dance through the poison-pill tax liablities they assumed in their divestiture of UMG. When those liabilities expired, UMG was quickly put into play with the T/Comcast takeover battle. USW avoided a similar fate by making their merger agreements with GBLX and then QWST. Trujillo and the USW board aren't likely to be receptive to a bid by BLS or either of the other RBOCs. Anschutz and Nacchio also seem to believe that their vision for the future of telecom will work (even if the market doesn't yet agree) under their management. I don't see much indication that they're ready to become a pawn of an RBOC.

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