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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 98.22+5.9%Feb 6 9:30 AM EST

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To: Tim Bagwell who wrote (298)11/7/1997 6:15:00 PM
From: JAG2  Read Replies (2) of 6846
 
TIM - Review last 3 years of MFS & NXTL - Same applied

I thought the same thing about MFS Communications and Nextel.
But the time it took to build out their infrustructure, took a toll on investors. People got tired of waiting. The stocks dropped to $15 before coming back to $25, but still down from $50+ after 3 years.
This applied to MFS and NXTL. They also had Multi-Billion Dollar Assets.

If the investor wants to wait 3 years....go ahead. But if you want a return on your money, go where the earnings are. Put this stock on your watch list and BUY IT BACK at $20, or when earnings and a reasonable PE can be determined.
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