If DT Telecom or NTT come in with an 80-a-share offer, management might have a tough time not accepting such a high offer price.
More Quotes from Drake Johnstone:
If they demonstrate improving revenue growth, they could get 20 a share.Drake Johnstone
There is a precedent for a tracking stock. But it amazes me that the market would be able to provide valuation of WorldCom's consumer and whole business.
Drake Johnstone
If revenue growth is declining in long distance, why would a company want to acquire Sprint
Drake Johnstone
They're up against the wall. If the bankers decide not to play ball, Qwest could be in bankruptcy later this year.
Drake Johnstone
Long-distance is a growth business for Qwest but not their focus.
Drake Johnstone
If we fast forward two years, the biggest challenge for carriers in the industry is upgrading the technology in their networks.
Drake Johnstone
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