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To: PetroLou who wrote (3478)	11/19/1998 5:18:00 PM
From: william j. ryan	Read Replies (1) \| Respond to of 11568

does anybody know what was discussed during the board meeting that took place today? I'm wondering if a stock split is comming in the near future? Anybody have any comments? The stock was unbelievably strong today, by my count the stock should see the mid to high sixties in the next few days.

To: PetroLou who wrote (3478)	11/19/1998 6:05:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 11568

Lou, re. QWST, like you I have been reading about them but have not followed the co. closely enough to offer any comment. Here's a Bloomberg article out this afternoon on QWST: news.com

To: PetroLou who wrote (3478)	11/19/1998 8:10:00 PM
From: Anthony Wong	Respond to of 11568

Dow Jones: MCI WorldCom Up-2-: Hits 52-Wk High, Qwest Initiative Cited NEW YORK (Dow Jones)--Investors saw good news about MCI WorldCom Inc. (WCOM) both locally and globally Thursday and bid up the shares to a new 52-week high. MCI WorldCom Inc., Jackson, Miss., benefited both from its own plans to offer a high-speed Internet service and from a competitor's overseas initiative, which analysts viewed as a validation of WorldCom's strategy. WorldCom, the nation's second-largest long-distance company and an Internet powerhouse, said it will begin offering Internet access over standard copper telephone wires at very high speed using a technology called digital subscriber line. Qwest Communications International Inc. (QWST), a Denver long-distance company, said Thursday that it has formed a joint venture with Dutch telecommunications company Royal KPN NV (KPN) to build and operate a fiber-optic telecommunications network in Europe. The venture is strongly positive for Qwest and Royal KPN, said Warburg Dillon Read analyst Linda Meltzer, but it also endorses WorldCom's aggressive push into Europe, where it has built an extensive network. "WorldCom was there first," Meltzer said. "It sort of validates WorldCom's position." The Qwest KPN venture is expected to have 1999 revenue of around $400 million with annual growth of around 40%. Analysts said Qwest's projections suggest that both companies will enjoy very strong growth in European markets. MCI WorldCom shares gained 3 9/16, or 6.4%, in heavy Nasdaq trading to close at 58 7/8, passing the previous 52-week high of 57 7/8, reached July 21. Qwest shares ended the day down 1/4, or 0.6%, at 43 on slightly greater than average Nasdaq volume, while NYSE-listed American depositary receipts of Royal KPN gained 7/8, or 2.3%, to close at 39 3/4 in light trading. MCI WorldCom's shares didn't rise sharply until afternoon, even though the Qwest news and MCI's Internet announcement were widely publicized early in the day. Analysts said they didn't have an explanation for the trading pattern. (MORE) DOW JONES NEWS 11-19-98 04:35 PM