Tuesday, April 30, 2002

Qwest profits pressed in first quarter Revenue falls 13.5 percent in a quarter rife with struggle, in which the phone company battled a cash crunch, came under scrutiny by the SEC and put several assets up for sale. [CNET News] Pressed? I guess that's the new way to describe +$100 million dollar loss. The stock was trading below $4.50 this morning. All in all a long fall for a company that has never been well managed...mj 8:02:56 AM

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