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

To: Scotsman who wrote (2844)	2/3/1999 9:17:00 AM
From: David Lawrence	Respond to of 6846

Qwest CEO up momentarily on CNBC.

To: Scotsman who wrote (2844)	2/3/1999 9:28:00 AM
From: David Lawrence	Read Replies (1) \| Respond to of 6846

Notes from Nachio interview.... with major paraphrasing. Haynes: Beat estimates by a penny. All cylinders appear to be go. How's the network coming? Nachio: Network at "?" state of completion. (Specified miles) Haynes: You're not alone in building out fiber networks. A lot of other capacity coming on line in next few years. Comment on excess capacity? Nachio: Demand will grow to fill the capacity. Faber: Confirm demand expectations. Nachio: Demand hard to fill now, and expect same going forward. Nachio: Announced new gov contract. We are sole provider for Treasury. Faber: See any consolidation among competitors? Will you be a player. Nachio: Some natural consolidation. We did 4 last year. Expect continued consolidation. Guest: How will you be able to stay independent in time of consolidation? Nachio: Not out focus. We are focused on growth. There are big players out there that could find us attractive. Could happen - we're taking care of business, and will look at any deal that is beneficial to the shareholders. It was a nice touchy feely interview. Nachio came across as quite confident. No negatives whatsoever.