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PhotonGolf
PhotonGolf
12/4/2012 | 10:29:55 PM
re: Qwest Posts Loss, Preps Asset Sales

"The company reported that its revenues dropped 31.5 percent to $4.37 billion from $5.05 billion in the same period last year."
dwdm2
dwdm2
12/4/2012 | 10:29:54 PM
re: Qwest Posts Loss, Preps Asset Sales
"The company reported that its revenues dropped 31.5 percent to $4.37 billion from $5.05 billion in the same period last year."
---------------

Minor mistake! The numbers just got turned around, perhaps a typo? Should be 13.5%. However, counting in billions, this could wipe off a whole company!
Scott Raynovich
Scott Raynovich
12/4/2012 | 10:29:53 PM
re: Qwest Posts Loss, Preps Asset Sales
Typo has been fixed, thanks for the alert.

Now for a real debate... will Nacchio survive?
StartUpGuy1
StartUpGuy1
12/4/2012 | 10:29:52 PM
re: Qwest Posts Loss, Preps Asset Sales
WHether he survives or not, the stockholders have already been "downsized" by his inept management. While he and his cronies have gotten rich hyping the company and cashing out their options when the US West deal went through...
puddnhead_wilson
puddnhead_wilson
12/4/2012 | 10:29:51 PM
re: Qwest Posts Loss, Preps Asset Sales
>WHether he survives or not, the stockholders have already been "downsized" by his inept management. While he and his cronies have gotten rich hyping the company and cashing out their options when the US West deal went through

The last thing stockholders should complain about is Nacchio doing the US West deal. Unless of course they got their stock in conversion from US West stock in the merger. He used overvalued stock to buy the revenue stability that is now keeping his company alive -- well done.


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