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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: David Lawrence who wrote (2751)1/25/1999 10:08:00 AM
From: MangoBoy  Read Replies (2) of 6846
 
[Legg Mason starts Qwest at 'market perform']

NEW YORK, Jan 25 (Reuters) - Legg Mason said analyst Danny Zito started coverage of data communications company Qwest Communications International Inc. with a market perform rating on Monday, saying the stock has above average risk.

-- said the Denver-based firm has "compelling" network and retail distribution assets and an "aggressive" management team and cited the company's e-commerce initiatives.

-- said Qwest will produce positive earnings in the fourth quarter of 1998, estimating a profit of $0.02 a share.

-- estimates earnings of $0.21 a share for 1999 and $0.76 a share in 2000.
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