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


To: MangoBoy who wrote (1888)7/22/1998 9:19:00 PM
From: Boplicity  Read Replies (1) | Respond to of 6846
 
Do you own this thread NO!

No need to reply.

Greg



To: MangoBoy who wrote (1888)7/22/1998 9:56:00 PM
From: Alejandro  Read Replies (1) | Respond to of 6846
 
Mark:
I understand where you are coming from. It is a thread and there are occasional deviations from the topic. I think the Greenspan thing was a spinoff of the topic. Yes, if an in-depth discussion of Greenspan was interesting to some of the QWST members, I also think it should be held elsewhere. That doesn't seem to be the intent of anyone here.

However, I did object to the biographical profile comment to limtex. In that regard, we should express our opinions on when the QWST members bend the lines so to speak.

Someone raised the question of the down day today on QWST. I think it was normal profit taking. There was a comment somewhere that QWST didn't complete something for Frontier. That needs to be clearly identified. Of course, all companies have problems. I lean toward not taking a specific and make it a generality.

Se ya

Ali



To: MangoBoy who wrote (1888)7/22/1998 10:46:00 PM
From: Dokie  Respond to of 6846
 
Mark,
I second your request to all contributors to keep this thread focused on QWST and related issues. We have no right or power to dictate the realm and tenor of discussion. However we do implore everyone to consider the "good of the thread". Doug



To: MangoBoy who wrote (1888)7/23/1998 8:28:00 AM
From: Frank Wechsler  Read Replies (2) | Respond to of 6846
 
Mark -

I strongly agree with your suggestions concerning this thread. I have a portfolio of about 15 stocks (including QWST), plus am following probably another 20. I personally (and I'm sure there are others out there like me), do not have the time to click through all kinds of extraneous messages, no matter how intellectually interesting they may be.

Concerning QWST, Frontier made a comment in their earnings report that QWST was behind on their network rollout. Here is QWST's answer:

biz.yahoo.com

Thursday July 23, 7:31 am Eastern Time

Company Press Release

Qwest Macro Capacity Fiber Network on Schedule and Under Budget
for Completion in 1999

DENVER--(BUSINESS WIRE)--July 23, 1998--In response to comments made by Frontier Corporation [NYSE:FRO -
news] that raised questions about the construction of the Qwest network, Qwest today reaffirmed its planned 18,449-mile
nationwide fiber optic network is on schedule and on budget for completion by mid-1999.

Qwest has delivered 47 network segments to Frontier, all in compliance with the stated terms of its contract with Frontier,
and fully expects to deliver the remaining 18 network segments within contract compliance. Qwest anticipates its revenue
and earnings growth will remain strong as the construction of the Qwest Macro Capacity(SM) Fiber Network continues to
expand.

''Our network is a valuable asset and critical component for the successful implementation of our business plan, and we are
very pleased with the progress of this nationwide construction project,'' said Joseph P. Nacchio, president and CEO of
Qwest.

''It is unfortunate that Frontier believes Qwest is impacting their earnings in any way. We value all our customers, like
Frontier, and we will continue to work hard to provide them with the most advanced, secure fiber optic network in the
world.''

In addition, Qwest acknowledged Frontier's purchase of fiber in the Southeast United States from Williams was
understandable, as Qwest was not interested in pursuing that business opportunity with Frontier. Qwest remains the only
company with access to its entire 18,449-mile nationwide network.

The Qwest Macro Capacity Fiber Network

Qwest's planned domestic 18,449-mile network will serve over 130 cities, which represent approximately 80 percent of the
data and voice traffic originating in the United States, upon its scheduled completion in the second quarter of 1999.

To date, more than 8,800 miles of the Qwest Macro Capacity Fiber Network are activated, including the transcontinental
segment that extends from Los Angeles to Sacramento and across to New York. Additionally, Qwest owns transatlantic
submarine capacity linking the United States to Europe including connections in London, Amsterdam and continental
Europe.

Qwest is also extending its network 1,400 miles into Mexico with completion slated for late 1998.

The Qwest Macro Capacity Fiber network is designed with a highly reliable and secure bi-directional, line switching
OC-192 SONET ring architecture. Upon completion, the network will offer a self-healing system that provides the ultimate
security and reliability by allowing instantaneous rerouting in the event of a fiber cut.