re: Qwest May Want AllegianceIt is very risky for the sharehoders if Qwest is allowed to acquire Allegiance. The carrier is not at all profitable and it may never become one. The company has not been able to cut staff, peripheral R&D activities, eliminating a lot of position at the highest level of management. Its Board has not been changed. The previous CEO of the company has not ben brought to justice and it may never happen. The government has not assigned any staff to investigate.The SEC has taken any step to assemble the documents and interviewing people to investigate.
re: Qwest May Want AllegianceQwest must have money to burn. They are still in the middle of the fraud investigation by the SEC where they are reported to be spending $7M a month for defense of Hall, Walker, Treadway, Hutchins, Weston, Eveleth, Graham and Arnold. Considering the impact of this investigation one as to wonder how they can gain control of another company.
BM Post 11/21/03 -->
>The carrier is not at all profitable and it may
>never become one
Title of Qwest Press Release 11/19/03 -->
Qwest Communications Reports Third Quarter 2003 Earnings Per Diluted Share Of $1.05
kampar