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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 80.29+0.7%Dec 3 3:59 PM EST
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To: Brian Malloy who wrote (2602)12/28/1998 9:11:00 PM
From: David Lawrence   of 6846
 
>>While it is always hard to put a future price on a stock, I wouldn't be extremely surprised if QWST trades at $95 or higher in '99.

Nor would I. However, rest assured that there will be analysts that will downgrade the stock based on price and will make their case based on a discounted cash flow model which is the "old school" method for valuing a "telco". I'm not saying they will be correct in their assessment, but we should be wary of it.
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