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


To: Nick who wrote (4633)7/20/1999 12:13:00 AM
From: xristy  Respond to of 6846
 
No more than 10% (which they currently have) until rule 271 relief and by charter of QWST no more than a 20% position - which could be altered by the board.

As it currently stands BLS can't buy any more shares until there is dilution of their position below 10%

And it would seem odd that they would sell at such a loss so it seems just plain weird that they filed dropping the statement of a possible acquisition and adding 'dispose of shares'

ciao



To: Nick who wrote (4633)7/20/1999 12:13:00 AM
From: neverenough  Read Replies (1) | Respond to of 6846
 
They can't own more than 20%, without shareholder approval.