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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 84.00+0.5%3:59 PM EST

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To: Scotsman who wrote (2749)1/21/1999 2:19:00 PM
From: mfgrep  Read Replies (1) of 6846
 
The two latest blurbs :

"Fiber-optic network operator Qwest Communications International (Nasdaq:QWST) dialed up a gain of $1 3/8 to $61 5/8 after it said Internet services company Verio Inc. (Nasdaq: VRIO) extended a broadband services contract with Qwest, bringing the commitment to 10 years from seven and upping the total dollar amount to $160 million from $100 million."

"Salomon's telecom guru Jack Grubman reiterated his "buy" rating on Qwest Communications (QWST) and boosted his price target on the fiber-optic network operator from $61 to $85. In a note to clients, Grubman explained that the market is underestimating the need for bandwidth and without companies like Qwest "there is no Internet."

Jason
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