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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 99.88-0.8%3:59 PM EST

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To: Digitom who wrote (360)11/22/1997 1:33:00 PM
From: TraderEd  Read Replies (1) of 6846
 
To All:

Steve Shook of Interstate/Johnson/Lane has come out with a 'long term buy" rating on WCOM with a 12 month price target of $45.

He has followed WCOM/LDDS/Resurgence/etc. for many years and has been very good. My original purchase of Resurgence for $2 a share was based upon his recommendation. Needless to say, I am very happy about that purchase.

He also has always been very conservative. In fact, when the MFS merger took place he went to a no opinion stance until this buy recommendation.

I think (and hope) his $45 target is as conservative as his previous recommendations.

Regards,

Ken
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