Pat Brogan Quotations

Fundamentals for the Bells are going to continue to deteriorate over the next couple of quarters.

The stock price may have come down but Qwest still carries a heavy debt burden and that is not very attractive to potential acquirers.

People feel like their Web sites must be compliant. They're wondering what the enforcement is going to be like and what the penalties will be. People are taking this very seriously.

The long-distance industry is not a very happy place to be. There's a large influx of competition from the Baby Bells and the trend of wireless and e-mail replacing traditional phones is continuing.