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

To: SJS who wrote (4487)	7/2/1999 8:35:00 AM
From: Frank A. Coluccio	Read Replies (1) \| Respond to of 6846

Steve, True. But I cannot discount the value of Global Center, either. Consider that the original sale of the fiber was more or less valued on the basis of a cost plus formula. This was because they needed the bucks, and the glass was not lit. Now, the potential value (read: competitive threat) of that glass, in its cultivated state (lit and DWDM-ready) could be... no, make that will be, multiple orders beyond those original costs. Weird economics, eh? Regards, Frank Coluccio

To: SJS who wrote (4487)	7/2/1999 1:14:00 PM
From: GHowe	Read Replies (1) \| Respond to of 6846

Qwest had to take its most treasured asset (its network) to the pawn shop to pay for groceries. Now that its nicely employed and earning some money, it can afford to go back to the pawn shop and buy it back. Naturally, it has to pay more than what it was sold. But look at the long term. These guys are winners, no doubt about that. With the demand for fiber set to take off in a big way over the next few years, this is going to look like a brilliant move. Have a good weekend, all!