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.

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

To: Roger Hess who wrote (1673)	7/1/1998 9:32:00 AM
From: Boplicity	Read Replies (1) \| Respond to of 6846

From the find fokes at Briefing.com: QWEST COMMUNICATIONS INTERNATIONAL CORP. (QWST) 34 7/8 CLOSED. Shares of facilities-based communications services provider to interexchange carriers are likely to trade with increased uncertainty this morning as the Federal Communications Commission (FCC) has granted a 90-day standstill order to review the marketing pact between QWST and Baby Bell Ameritech Corp. (AIT 44 7/8). This delay in the marketing alliance approval came after many long-distance carriers complained about the fact that the arrangement would provide AIT with the ability to enter the long-distance market by marketing QWST's long-distance services at a time when the local phone market has yet to be opened up for its long-distance competitors. The FCC is currently also reviewing a similar alliance between Qwest and U S West (USW 46 13/16) which is again questioning just when local phone carriers may enter the long-distance market given the terms set in the 1996 Telecommunications Act. To be sure, this review and decision by the FCC could set a precedent and determine the conditions by which local carriers may align themselves with newly formed long-distance providers and still play within the rules set by the 1996 Act. Then again, further legal remedies will be sought by both sides to interpret the law and allow for a level playing field in the telecommunications arena. In the meantime, the fact that the FCC is delaying approval of the much sought marketing pact between these two companies could create problems for their respective stocks. Greg