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


To: samoyed who wrote (6421)7/13/2000 11:35:13 PM
From: Scotsman  Read Replies (1) | Respond to of 6846
 
Long term I think you are correct. I also hope that Q does not get bought out as I think shareholders will make much more money a few years out. However, I must say I dread another USW collapse like we saw.

It has been reported somewhere in the past that Nacchio said he is not interested in buying anything more at this time. But who knows, if something good comes along he would be foolish not to take advantage of it. They have some cash now that they are getting the overage in USW pension plan, and they have more from cutting the dividend. But it must be remembered that their arrangement with the state regulators depends heavily on Q correcting the bad service of USW, and I would imagine thats where Nacchio will place most of his efforts for now.