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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?


To: mfgrep who wrote (4078)6/15/1999 11:33:00 AM
From: John Coltrane  Respond to of 6846
 
My apologies to all the investors, but I think I added the qualification "virtually". Sorry, I was just sorta blown away by the overwhelming negative weighting of the thread and in general expect more thinking and less reacting on SI. On to more productive topics....

Perplexed huh...well here's my present take on the chess game entitled The Telecom Industry:

Message 9351051

Thoughts, opinions, criticisms welcome.

Good luck to all and hope you won't need it.




To: mfgrep who wrote (4078)6/15/1999 11:35:00 AM
From: Gary Mohilner  Read Replies (1) | Respond to 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