Drake Johnstone Quotes (9 Quotes)

Long-distance is a growth business for Qwest but not their focus.

This tracking stock phenomenon doesn't make sense. I wouldn't be surprised if they went down to 0.

If revenue growth is declining in long distance, why would a company want to acquire Sprint

They're up against the wall. If the bankers decide not to play ball, Qwest could be in bankruptcy later this year.

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.

If we fast forward two years, the biggest challenge for carriers in the industry is upgrading the technology in their networks.

If that revenue stream goes away this would have a huge impact. Access actually generates positive cash flow. Excite would have a tough time sustaining operations going forward.

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.

If they demonstrate improving revenue growth, they could get 20 a share.