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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (13057)12/13/2001 11:44:37 AM
From: HandsOn  Respond to of 99280
 
That's a beautiful thing, used to make me sick how CNBC kissed Nacchio's butt everytime He was on there. He is really slick, news should benefit WCOM.



To: sylvester80 who wrote (13057)12/13/2001 11:46:52 AM
From: Softechie  Read Replies (1) | Respond to of 99280
 
I knew that fricking pig Nacchio will revised lower revenue and cut jobs. What a fricking PIG!

ps: I have friends working in this company and situation is very hard on them lately.

Dec 13 2001
11:35 AM In Play Qwest Comms (Q) 11.76 -0.34 (-2.8%): -- Update -- Announces that it bought $300 mln of fiber assets from ENE in Q3, while ENE agreed to purchase $100 mln of network capacity on Q's network. Q was paid in full by ENE, and recognized $86 mln of that rev in Q3.

Dec 13 2001
9:22 AM In Play Qwest Comms (Q) 12.10: Company guides Q4 and 2002 revenues lower to $4.8 bln and $19.4-19.8 bln vs Multex consensus estimates of $4.88 bln and $20.3 bln; also cuts planned 2002 capital expenditures to $4.2-4.3 bln from its prior guidance of $5.5 bln and about $7.5 bln in 2001, yet more bad news for the telecom equipment sector today. Company also expects to cut 7,000 jobs by mid-2002.