Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (83708)	9/22/2000 6:11:31 PM
From: Jeff Leader	Read Replies (2) \| Respond to of 132070

MB, what's your take on this: "The company this week announced a third deal, with Qwest Communications International. Under terms of the deal, Qwest has committed to purchasing a minimum of $300 million of Tellium's equipment over the next three years, according to the SEC filing.. As part of the deal, Tellium also issued two warrants to a subsidiary of Qwest for it to purchase 2,000,000 shares of Tellium common stock at an exercise price of $30 per share. Tellium also sold 333,333 shares of common stock at $30 per share to officers and affiliates of Qwest, according to the filing." This practice is becoming incredibly pervasive. All's fair in love, war and IPO's? yahoo.cnet.com