SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 83.15+1.5%Dec 23 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerry Miller who wrote (610)1/17/1998 12:40:00 PM
From: nic  Read Replies (1) of 6846
 
..."a short-term bridge" to what ?
and whose gonna pay this back ?


I'l take that one: QWST. The loan is obviously designed to continue operations until the merger takes effect.

...debt may have something to do with it not being a sure thing...

Au contraire! QWST obviously obviously has decided that PHX's dire straits present a buying opportunity, and PHX's debt forces its shareholders to approve the merger/rescue. Makes the deal more certain, IMHO.

- nic
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext