Qwest Communications (Q) (formerly QWST) Message Board

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

Q 77.60

-4.2%

Dec 1 3:59 PM EST

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To: Scotsman who wrote (4228)	6/21/1999 4:03:00 PM
From: silverstein	Read Replies (1) of 6846

<<Unfortunately, Qwests shareholders seem to be made up of a lot of short term investors that just can't handle it going down a few points here and there. Long term for them seems to be a week>> I personally began buying QWST over a year ago, and accumulated a large number of shares in the past year. I truly believed that the company was following a brilliant strategy and they could sustain a projected growth rate between 40-50% over the next 3-5 years. This was the planned time frame for my investment. I expected that the stock would appreciate in value at a rate comparable to the growth rate. I was not happy to see that the long term growth rate projections have been reduced to the 15-17% range. This puts the fair value of the stock down into the low to mid thirties; again, with a projected appreciation rate comparable to the new growth rate. As I pointed out in a previous post, WCOM has a projected growth rate ~30% -- why is the new QWST better than WCOM? Well, I am neither a day trader nor a short term "one weeker". I've liquidated half my QWST holdings in the last week -- I'm holding on to the rest, for the moment, realizing that the risk reward ratio is probably positive because there is a reasonable chance that this dilutive acquisition will not take place -- I surely hope so! SDS

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