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


To: musea who wrote (3202)3/24/1999 9:12:00 PM
From: Nick  Read Replies (2) | Respond to of 6846
 
Even with QWST's big run-up of late I'm a little disappointed that with the Naz up 42, it didn't get back into positive territory...

Check this article out:

Qwest Communications Leads Sector in Forbes Asap Dynamic 100 Index
DENVER--(BUSINESS WIRE)--March 24, 1999-- Qwest is a ''blueprint for a telecommunications company''

Qwest Communications International Inc. announced today that for the second year in a row it has been selected as one of Forbes ASAP's Dynamic 100 companies. Moving up fourteen spots from last year, Qwest finished first in its industry sector, beating out other leading companies such as Sprint and MCI/WorldCom.

A panel of judges that included venture capitalists, industry analysts and business/technology writers evaluated more than 900 companies in areas including responsiveness to change, potential market opportunities, marketing expertise, quality of management, allegiances and partnerships and prospects for growth. The magazine concluded that ''partnerships with Cisco, Netscape, Microsoft, and traditional telcos . . . are the blueprint for a telecom company in the brave new datacentric world.''

''We are pleased to have been chosen as the leader in our category,'' said Joseph P. Nacchio, Qwest chairman and chief executive officer. ''This recognition underscores the innovative technology and new capabilities we provide customers to make the convergence of data, image and voice communications as easy as a phone call.''

Qwest joins an elite group representing a ''new paradigm'' taking place in the technology business, according to Forbes ASAP editor Michael S. Malone. Winners in other categories include Dell Computer, Yahoo and Cisco Systems. ''To have made this list,'' Malone said, ''a company had to be truly extraordinary.''