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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 85.10+0.9%Dec 9 3:59 PM EST

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To: Brian Malloy who wrote (4009)6/14/1999 11:06:00 AM
From: Brian Malloy  Read Replies (3) of 6846
 
Can anyone post Cramer's comments on QWEST this A.M., I understand he is not positive on the merger.

Well, after thinking this over a little more I plan to bail if the stock reaches $40 in the next two weeks. It has been a nice run to date with an avg cost basis of around $15 for me. If the deal goes, then QWST will be valued on shall we say more traditional metrics.

I already own WCOM and it has performed well. Given that QWST wins Frontier and US West, it will be weak relative to WCOM. At some later date it may make sense to reenter QWST.

Watchful waiting
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