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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 77.96+6.0%Nov 25 3:59 PM EST

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To: t36 who wrote (1043)3/28/1998 2:18:00 AM
From: Phil Jacobson  Read Replies (1) of 6846
 
<< why your favorite company, but not stock >>

Hi Sue,

I'm also a trader who likes to jump into stocks for a quick ride with the momentum guys then jump before it goes off a cliff. Made some great gains on SEEK, XCIT, LCOS, and CMGI this year and got out last week when internet got a little wobbly. Another is IRIDF. Been in since 33 in January and it closed today at about 65. That's what I call a good stock. But I'm leery of their business model and will likely be looking for a good spot to bail out after they launch their service. In that business I think GSTRF has the better model but their stock has been flat while IRIDF caught up to them after being over 20 points behind. I don't try to second guess the market too much so I own both.

QWST is an investment in which I have great conviction. They're one of about 5-7 stocks that I intend to keep on buying with the gains from my trading stocks.

Phil
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