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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 80.96+2.2%12:59 PM EST

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To: HIA who wrote (4472)7/7/1999 11:43:00 PM
From: Tunica Albuginea  Read Replies (1) of 6846
 
HIA , Re: " BellSouth paid $47 a share for 10% of Qwst... ".

Would you buy more now at 34 1/2? I suspect that qwst can still be bought all the way up to ~40 and you'd still make out. I can't believe more people aren't seeing this golden opportunity.

TA

I've been trying to understand these mergers and I now theorize that Qwst might be
interested in building local broadband systems using existing phone company local
routes...(Traditional phone companies are not building broadband systems in the
way that the cable TV companies are building...but a phone company with a new
type of orientation might build...)...

Well...U.S. West at the merger offers still has a P/E of only in the low twenties...so
an issue of Qwst stock to buy it might hold investor and market approval...

And the current Qwst stock price is compelling...BellSouth paid $47 a share for
10% of Qwst...
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