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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 79.74+2.8%3:59 PM EST

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To: Ordus who wrote (4022)6/14/1999 1:22:00 PM
From: SJS   of 6846
 
That's not what that press release said. They said their expectation is the deal will close the Friday. They didn't indicate any attempt to sweeten their offer.

They are not showing their cards, they're just showing what they've already been dealt.

The market's saying the same thing to QWST as it did to GLBX. As a shareholder, I don't like losing 25% of my stock value. The market's already voting this and may make it impossible to do the deal without collars, and the stock price being so low.

There are more battles in a war, and other partners who will make the value of QWST move up vs down.

If you leave this stock now, you're going to sell cheap, and then rebuy it after it rebounds (and it will, cause this deal's going south real fast.....). It's a coiled spring now, and it's down over 10 points.
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