Qwest Communications (Q) (formerly QWST) Message Board

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

Q 78.58

-2.9%

3:17 PM EST

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To: Daflye who wrote (4327)	6/23/1999 3:11:00 PM
From: silverstein	Read Replies (1) of 6846

If Qwest's stock appreciates at their new claimed growth rate of 15%, it will take 2.6yrs for the stock to appreciate from its current value of $32.69 to the $47 share value that Bell South paid for it. If that pleases you, I'm happy for you! In JJC's commentary, he claimed that he still made a factor of two on his Qwest investment. That would mean that he bought it quite some time ago. So, I wouldn't brush off his comments so quickly based on the belief that he is a short term trader. Actually, his comments and Seymore's article in today's TSC make a lot of sense. In my view, Nacchio has displayed an arrogant disregard for Qwest's stockholders. SDS

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