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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (9084)	10/24/2002 12:17:03 AM
From: Techplayer	Read Replies (2) \| Respond to of 57110

Tomorrow the pull the double reverse psychology. A little up, a selloff and a rally into the close...

To: Jorj X Mckie who wrote (9084)	10/24/2002 12:52:42 AM
From: X Y Zebra	Respond to of 57110

I agree ... humble... yes how about confused ? __________________________ startribune.com Soros to Invest $150M in Qwest Unit Associated Press Published Oct 23, 2002 1023AP-QWEST-DIRECTO DENVER (AP) - Soros Fund Management LLC has committed to a $150 million investment in the phone directory unit of Qwest Communications International Inc., one of the unit's buyers said. Welsh, Carson, Anderson & Stowe and Carlyle Group agreed in August to buy QwestDex for $7.05 billion. The sale will close in two parts for the unit's eastern and western operations in Qwest's 14-state region. The buyers have been raising cash to pay for the unit. Welsh Carson general partner Anthony DeNicola said in a conference call with potential investors Tuesday that Soros would buy $50 million of shares in the unit and $100 million of bonds of the directory's eastern operations, which sold for $2.75 billion. Sale of the western operations of QwestDex was expected to close next year. Welsh, Carson, Anderson & Stowe did not return a call for comment Wednesday. Qwest and Soros representatives declined to comment. Qwest sold the cash-generating QwestDex to help relieve some of its debt. Qwest shares rose 6 cents to close at $3.21 Wednesday on the New York Stock Exchange.