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


To: professor who wrote (1710)7/6/1998 3:54:00 PM
From: Snowshoe  Read Replies (1) | Respond to of 6846
 
From Briefing.com (7/6/98 15:12 ET) ...

15:12 ET Telecoms Reiterated: Qwest Communications (QWST 37 15/16 +2) reiterated "strong buy" at Hambrecht & Quist ahead of anlaysts' meeting Wednesday. Will be first time company's joint management team will present since merger with LCI International...



To: professor who wrote (1710)7/7/1998 2:26:00 PM
From: Brian Malloy  Read Replies (1) | Respond to of 6846
 
Qwest is going to make a lot of money for the Anschutz family and hopefully for faithful shareholders over the next few decades if not beyond. QWEST has what everyone else wants/will be needing for the future, to sell and especially to sell to a RBOC would make no sense. There is no synergy per se. Why would a coast to coast and now European state of the art fiber network company want to be taken over by a regional Bell, this would be a step down the food chain; Qwest is moving up the chain. A RBOC would end up destroying QWEST and its culture.

I don't think the Anschutz family which controls over 80% of Qwest shares would even entertain such a thought.

IMHO