Wring Out the Old

Since Qwest swallowed US West, employees and stockholders have been put on hold.

A A A Comments By Stuart Steers Thursday, May 23 2002
...continued from page 6
 
Brian Stauffer
 
Jeri Aiello began working for the phone company in 1962.
Larry Winter
Jeri Aiello began working for the phone company in 1962.

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However, Armstrong won't be able to sponsor any proposal. Under the corporate bylaws, shareholders must own $2,000 worth of stock in order to introduce a resolution. In the past, that wasn't a problem, but because of the plummeting stock price, Armstrong no longer qualifies.

"I no longer have $2,000 worth of stock, but that's not my fault -- it's theirs," he says.

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