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


To: Roger Hess who wrote (2564)12/22/1998 10:16:00 AM
From: Mark Woolfson  Respond to of 6846
 
Roger,

Anshutz did this to shorten the timeframe for Qwest to acquire or be acquired by other companies in a tax-free pooling of interest transaction. It is all documented in SEC reports I believe.

Check your facts. MCI-WorldCOM has a large portion of the internet backbone. It is MUCH MORE than a user of the internet.

Regarding supplying lines to competitors, it happens anytime there is overlap in competing areas. This is nothing new. You just don't know about it. You should see what they do on Long Island.

Mark



To: Roger Hess who wrote (2564)12/22/1998 12:09:00 PM
From: David Lawrence  Read Replies (1) | Respond to of 6846
 
>>If they bought out Qwest, they would then be supplying lines to their competitors, which would be an interesting situation.

That's very commonplace. Not every carrier has long line capacity from every point to every point, so they often buy capacity from one another.

Besides, if they have excess capacity, it makes perfect sense to sell it at a profit, especially if it's at your competitor's expense. After all, if you don't profit from their need, someone else (i.e. another one of your competitors) will.