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

To: Tweaker who wrote (2083)	8/25/1998 9:51:00 AM
From: Bill Fortier	Respond to of 6846

To All! Tuesday August 25, 9:19 am Eastern Time Company Press Release SOURCE: The Nasdaq Stock Market Qwest Communications International to Join The Nasdaq-100 Index Beginning Friday, August 28 WASHINGTON, Aug. 25 /PRNewswire/ -- Qwest Communications International, Inc. (Nasdaq: QWST - news), of Denver, Colorado, will become a component of the Nasdaq-100 Index(R), effective at the beginning of trading Friday, August 28, 1998. Qwest Communications replaces DSC Communications Corporation (Nasdaq:DIGI - news), which is delisting from The Nasdaq Stock Market(R) in anticipation of the pending merger of DSC Communications and Alcatel Alsthom [NYSE:ALA - news], formerly CGE. Qwest Communications, with a market capitalization of over $10 billion, is a leading provider of multimedia services to businesses and consumers worldwide. The company's planned domestic 18,449-mile Macro Capacity Fiber Network, of which 8,550 miles is currently operational, will serve over 130 cities and is scheduled for completion in the second quarter of 1999. Additionally, Qwest owns transatlantic cable capacity linking the United States to Europe and will jointly own a transpacific fiber optic cable connecting the U.S. to the Pacific Rim. Launched in 1987, the Nasdaq-100(R) is a capitalization-weighted index comprising 100 of the largest non-financial stocks that list on the Nasdaq National Market(R) and is a benchmark for large growth stocks traded on Nasdaq(R). So far this year, the Nasdaq-100 Index has risen 38.3 percent. The Nasdaq Stock Market is the fastest-growing stock market in the United States and the world's largest electronic market. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD(R)), the largest securities industry self-regulatory organization in the United States. For more information on Nasdaq, visit its Web site at nasdaq.com or the Nasdaq Newsroom(SM) at nasdaqnews.com. SOURCE: The Nasdaq Stock Market