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

To: SKIP PAUL who wrote (5229)	10/11/1999 7:41:00 AM
From: Harry J.	Read Replies (1) \| Respond to of 6846

FWIW - Bloomberg TV news (7:30AM ET) is reporting that Global Crossing made an offer for Racal, a UK fiber co., and that the front page of the WSJ mentions Bell South as needing to do something and that it owns 10% of QWST. It also reported that European mkts have QWST up $1plus this AM. Times like these make us long-termers nervous about sitting still. Regards, Harry J.

To: SKIP PAUL who wrote (5229)	10/13/1999 4:30:00 PM
From: Alfredo Nova	Respond to of 6846

Hi to everybody, I am new to the thread. Have owned QWST for quite some time, recently adding to position in high 20s. I believe QWST, if taken over, will go for a very high price. This, simply because their network goes on terabytes, as we can see from Qwest website. If FON went for $ 115 billions, QWST should go for more than the $ 52 high. In addition, both Salomon Smith Barney and Merrill Lynch have "fair value" targets of $44 for QWST. It is not difficult to imagine that, given these 2 analysts very competent assessments (Grubman and Reingold), QWST would command a higher price under a takeover, let us say 55-70. It is also true that no offer may come for a while, but it is very significant what Nacchio said: Qwest Communications International Inc., the No. 4 U.S. long-distance company, is open to being bought but hasn't heard whether BellSouth Corp. is preparing a bid, Qwest Chairman Joseph Nacchio said. Hey, Nacchio is "open to being bought". Sounds beautiful to me... ciao Alfredo