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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 79.24+1.6%3:59 PM EST

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To: MangoBoy who wrote (1039)3/27/1998 4:02:00 PM
From: Phil Jacobson   of 6846
 
Mark,

I stand corrected on the IPO. Sorry 'bout that.

Re: $1,000 - I have two answers, as a trader and as an investor. My purpose is to make money so there's always two strategies in play.

I'm invested in both stocks and I'm making slightly more profit with LVLT. With LVLT entering the regular NASDAQ April 1 I expect a short term increase of at least 10% to about $80 so I'd put the $1,000 there. After the pop I'm going to sell half my LVLT and see what plans to come to light. But just as QWST surprised their short sellers by buying LCI to put traffic on their network I think LVLT will act very decisively and surprise people with some quick and compelling deals. We'll just have to see...

I'm basing a lot of my confidence in part on Crowe, but more so on the fact that four people I know in telecom who could write their own ticket chose LVLT as their employer a few months ago. These people would never have wasted time going somewhere that didn't have convincing plans laid out. These are also the types of people who know how to create new engineering standards. Sure, it's a gamble but it's one I'm willing to take, at least for awhile.

Phil
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