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


To: MangoBoy who wrote (1306)5/21/1998 1:49:00 AM
From: Phil Jacobson  Respond to of 6846
 
I gotta think this AT&T confusion will help QWST get close to $40 tomorrow. It just about kills any chance of the gov't going after the deals with US West and Ameritech. Meanwhile, QWST is way ahead of the pack in cutting these deals.

I also don't think this story is bad at all competitively. AT&T has always had a hard time in the acquisition game since such a high percentage of the US population is still signed up with them. Think about it, it's tough for a sales channel when over 50% of a prospect list get dropped immediately because most people on the list are already a customer. Translation - lower close ratio, less efficient sales channel. A QWST deal is golden for any sales force that is given a compelling sales message...almost nobody is a QWST customer today so everyone passes the first test in becoming a qualified lead. As long as the sales message works the LECs will be lining up to sell QWST for no other reason IMO. Besides, who wants another sales pitch about AT&T, MCI, or Sprint anyway? QWest is a fresh story.

Phil



To: MangoBoy who wrote (1306)5/21/1998 1:54:00 AM
From: Phil Jacobson  Read Replies (3) | Respond to of 6846
 
Just found this! Feds allow QWST/AIT deal to go forward.

===========================================================

CHICAGO, May 20 (Reuters) - A federal court has denied a
request to temporarily stop Ameritech Corp. <AIT.N> and Qwest
Communications International Inc. <QWST.O> from marketing
long-distance services together.
A ruling issued here on May 18 by U.S. District Court Judge
Blanche Manning says the plaintiffs failed to establish that
the Ameritech/Qwest alliance violated the 1996
Telecommunications Act. The judge, therefore, denied a
requested temporary restraining order.
The Ameritech/Qwest alliance, announced last week,
triggered a lawsuit from AT&T Corp. <T.N>, MCI Communications
Corp. <MCIC.O> and others. Baby Bell Ameritech and
long-distance provider Qwest agreed to market a combined
package of local and long-distance phone services in
Ameritech's five-state region.
The Telecommunications Act bars Bell companies, such as
Ameritech, from competing in the long-distance market until
they have satisfied regulators that they have opened their
local markets to competition.
The ruling, however, does not dismiss the case. Judge
Manning referred the case to Magistrate Judge Ronald Guzman for
a hearing on a preliminary injunction.
Shares of Ameritech were unchanged at 44, and shares of
Qwest were off 3/4 at 38-1/8.