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

To: Steve Warkentin who wrote (2980)	2/25/1999 10:15:00 PM
From: Steve Warkentin	Respond to of 6846

From BoardWatch (may have already been posted): MICROSOFT SECURES $200 MILLION IN QWEST STOCK Not to be left out of the free-spending Internet arena, Microsoft invested $200 million in Qwest Communications (www.qwest.net), and the two companies agreed to a “strategic partnership” that will allow Qwest to offer software applications and services using Microsoft's Windows NT Server operating system. Microsoft agreed to purchase $200 million worth of Qwest stock at $45 per share, which will give Microsoft a 1.33 percent stake in the company. Beginning in the second quarter of 1999, Qwest will offer business applications and services over its IP-based, fiber optic network. Qwest plans to offer dedicated electronic commerce, Web application hosting, streaming media, managed software services and VPN services, all built on Microsoft platforms. Qwest planned to create a new business unit in January to support the new markets. Qwest expects to lay out $150 million in 1999 and 2000 in capital expenditures for the new services, and also expects revenues in the $150 million range over the same time frame, with most of the money coming in during the year 2000. Qwest also announced a number of management changes to support its new, cozy relationship with Microsoft. Lewis O. Wilks has been named president of Qwest's Internet and Multimedia Markets. Wilks, who was president of Qwest Business Markets, will lead a new division to develop the new services Qwest will introduce as a result of the Microsoft partnership. Wilks' new team will include six recently-hired vice presidents, including: James L. Becker, former managing director of xDSL and international dial access for UUNET, Greg P. Bell, former senior vice president of business development and marketing with VCON, Inc., a start-up firm focused on digital video and Internet Protocol opportunities, John Charters, former vice president of Internet services and applications development for U S WEST, Maha S. Ibrahim, former consultant with the Boston Consulting Group, John Kirkpatrick, former vice president and general manager at Teligent Doug Stone, former CEO of a high-technology venture start-up.

To: Steve Warkentin who wrote (2980)	2/26/1999 12:15:00 AM
From: Jay McGranahan	Read Replies (1) \| Respond to of 6846

I recently purchased QWST stock and their long distance service. Too early to tell about the long distance service...seems to have decent customer support. They charge nine cents a minute and round to the nearest second. I'm supposed to get two free airline tickets after sixty days of service and a free Cell Phone after ninety days :) QWST offered me a better deal at the time. I like the stock too.

To: Steve Warkentin who wrote (2980)	2/26/1999 3:39:00 PM
From: Roger Hess	Read Replies (1) \| Respond to of 6846

Back when Qwest and Netscape announced their alliance, I went to the Netscape home page and signed up with Qwest as my long distance carrier. I don't make many long distance calls, so it's hard to tell how much I am saving. However, I received a note in my bill last month stating that on eight dates in 1999 (mostly 'holidays', including Mother's Day!), Qwest was offering up to 30 minutes per day at .01/minute. Not bad, to say the least. I mean, how do you top .01/minute? Enough to go out and tell your friends to sign up with Qwest... By the way, that's a nice tradeoff. Netscape signs up to use the Qwest network, and gets a discount. In trade, Qwest gets to advertise on Netscape and pick up a 'few' customers along the way.