Qwest Communications (Q) (formerly QWST) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qwest Communications (Q) (formerly QWST)

Q 81.49

-2.4%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brian Malloy who wrote (4013)	6/14/1999 3:15:00 PM
From: Beltropolis Boy	Read Replies (1) of 6846

per your request ... i guess jjc was a wee bit long, eh? ----- One More in an Era of Travesties By James J. Cramer 6/14/99 10:04 AM ET Let's be really cynical for a second. BellSouth (BLS:NYSE) was going to buy Qwest (QWST:Nasdaq) last week. That boosted Qwest's stock considerably. So considerably, in fact, that the honchos behind Qwest have decided to savage shareholders with an awesomely dilutive hostile acquisition using the newly boosted stock price. Who thinks of these things? Who comes up with these ideas? I know the answer: People who think their stock is too high. You don't go printing millions upon millions of your shares and debasing your currency unless you believe the suckers -- oops, sorry, the shareholders -- don't know anything and can be sacrificed. This bit of cynical investment banking is another shot at those who are trying to own high-growth companies. If the interest rates don't shake you out and the volatility (read decline) doesn't shake you out, you can bet management will. Another travesty in an era of travesties....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next