Qwest Communications International Inc.'s downfall was Comcast Corp.'s
gain.
The Philadelphia-based MSO will take the place of the embattled Baby Bell on
the Fortune e-50 after the close of trading July 29.
Components are usually removed from the index if their closing share price
falls below $5 with a daily trading volume of fewer than 100,000 shares. Qwest's
closing price has dropped below that $5 mark during the past 25 trading
days.
Developed by the editors of Fortune as a benchmark of the Internet
economy, the components represent the strongest companies in the dot-com sector,
including Internet communications, Internet hardware and Internet software and
services.
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