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

To: Gary Mohilner who wrote (4762)	7/31/1999 10:27:00 AM
From: Scotsman	Respond to of 6846

That would be what I would want, BLS and Qwest merge together in some benificial way that lets both companies stay independent. But that is difficult and awkward. I have wondered why Nacchio placed the closing of the USW deal so far in the future. I have to think there are two main reasons. 1) He saw how the market savaged the price of Qwest stock. He needs this stock to be at a higher price as the higher the price the less shares he has to use. So he placed the closing out to give the market time to realize the potential of this deal and drive the price of Qwest stock up. This also tells me that he thinks Qwest will continue to meet growth targets and earnings reports for the next 3 quarters, which is comforting. 2) He wants time for the repeal or changes in the telecom acts that stop BLS from buying Qwest. This is targeted for the end of this year, according to some reports. So I think it is likely that BLS will buy Qwest at some point. The good news is that, if all goes well, every day that goes by the higher the price will be as Qwest gets its integration in place and the money starts to roll in, along with the changes in the telecoms making such a buyout possible and legally easier. Phil will not let this stock go for a measely 45 dollars a share. Put a 1 in front of that and you may have something. JMO By the way, I have heard that Phil is a major shareholder in Juniper Networks. I wonder how much he owns. He sure can pick them.