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

To: Scotsman who wrote (5170)	10/4/1999 2:32:00 PM
From: SJS	Read Replies (1) \| Respond to of 6846

No it won't. That was the old QWST. The new QWST grows much more slowly, remember? This combination of rank #2 and rank #3 LD companies makes the game even tougher. BTW......I mentioned 45-50, (not 40-45) which is the old "high" area where BLS bought the first block of QWST stock. It might be slightly higher, but I doubt the stock can even make it to 90 in a couple of years. That's a triple doing only 13-15% growth/year? Regards, Steve

To: Scotsman who wrote (5170)	10/4/1999 4:36:00 PM
From: RTev	Read Replies (1) \| Respond to of 6846

I find it difficult to believe that Phil Anschultz, who owns 40% of Qwest, will let it go for 40-45 a share. I don't doubt that some of today's jump was due to takeover speculation, but I agree that QWST would not go easily. I don't recall what the breakup provisions were in the USW merger agreement, but that must be taken into account since USW has made it clear that it will do just about anything to avoid a takeover by another RBOC. For several years, USW avoided the RBOC mating dance through the poison-pill tax liablities they assumed in their divestiture of UMG. When those liabilities expired, UMG was quickly put into play with the T/Comcast takeover battle. USW avoided a similar fate by making their merger agreements with GBLX and then QWST. Trujillo and the USW board aren't likely to be receptive to a bid by BLS or either of the other RBOCs. Anschutz and Nacchio also seem to believe that their vision for the future of telecom will work (even if the market doesn't yet agree) under their management. I don't see much indication that they're ready to become a pawn of an RBOC.