If we fast forward two years, the biggest challenge for carriers in the industry is upgrading the technology in their networks.
More Quotes from Drake Johnstone:
Long-distance is a growth business for Qwest but not their focus.Drake Johnstone
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.
Drake Johnstone
This tracking stock phenomenon doesn't make sense. I wouldn't be surprised if they went down to 0.
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
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
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Nick plays a corrupt politician, which is kind of a redundant statement.
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There are better alternatives... Australia should be exporting its solar technology, not its uranium.
Bob Brown