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

To: Scotsman who wrote (4482)	7/1/1999 10:37:00 PM
From: MangoBoy	Respond to of 6846

[Global Crossing Permits U S WEST To Enter Discussions With Qwest] (Looks like USW is following FRO and opening discussions with QWST. -- mark) HAMILTON, Bermuda, July 1 /PRNewswire/ -- Global Crossing, Ltd. announced today that, at the request of the board of directors of U S WEST, Inc., it has granted a waiver to U S WEST under the Global Crossing/ U S WEST merger agreement to allow U S WEST to furnish information to, and to participate in discussions with, Qwest Communications International, Inc.

To: Scotsman who wrote (4482)	7/1/1999 10:42:00 PM
From: MangoBoy	Respond to of 6846

[U S WEST Board Reviews Revised Qwest Bid; Decides to Enter Into Talks With Qwest With the Consent of Global Crossing] (And sure enough... -- mark) DENVER, July 1 /PRNewswire/ -- U S WEST today announced that its Board of Directors has determined to authorize the Company's management and advisors to discuss with Qwest Communications International, Inc. issues relating to its June 23 revised merger proposal. Global Crossing has consented to U S WEST conducting such discussions with Qwest.

To: Scotsman who wrote (4482)	7/2/1999 7:43:00 AM
From: Frank A. Coluccio	Read Replies (2) \| Respond to of 6846

Scottsman, I think that Mark may have been correct with an earlier opinion stating that QWST's primary motivation behind going after FRO was to reclaim a good part of their own fiber which they sold in the early deal making days. Now that they are on their way, they want it back. There's a universe of potential in those strands, and I feel that QWST is now uneasy about what it may do to them down the road, if it gets into the hands of GBLX. All IMO. Regards, Frank Coluccio