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Non-Tech : Invest / LTD

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To: SJS who wrote (8939)	6/13/1999 10:18:00 PM
From: Thean	Read Replies (1) of 14427

QWST's immediate support is at $38-39. Failing that, the next support is at $32. Chew hard, Papaya. The mo-mo street hates anything that's long term. Paying so much premium for USWest and Frontier and assuming so much debt, QWST will become a longer term play after tomorrow. But then look at ATT, it did absolutely nothing for 1 1/2 years before it took off. There will be plenty who want to sell on any strength tomorrow and switch to other telecommunication plays. CIEN's near term support is at $30. Failing that, it would be back to $26-27.

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