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

To: Harry J. who wrote (4967)	8/25/1999 9:07:00 AM
From: Scotsman	Respond to of 6846

I thought he still had a significant amount of stock. This has much farther implications than some realize. By controlling 39% of the company, Phil has effective control as he only has to get another 11%+ to have a voting majority, something I imagine he can easily do. This makes a takeover much harder in the sense that a proxy battle has no value. So any takeover will be to Phil's terms. And from what I have seen, he drives a hard bargin. The guy is one money making dude.