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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 78.46+2.4%3:59 PM EST
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To: RTev who wrote (2899)2/6/1999 10:49:00 AM
From: Scotsman  Read Replies (1) of 6846
 
I have the largest position, albeit small in real terms, in Qwest, and have considered selling some other stocks to buy more as it corrects. Although I am no technician, it looks like it could go down to 53 before breaking its trend line. So I am just hanging about waiting to see what happens. However, I agree that Qwest should be a huge winner over the next few years. For one thing the government contracts. Once you get one, many others usually follow. But beyond that, simply think of real time video transmission. Take the recent Victorias Secret fashon show. I saw portions on the internet and it was frankly very poor. Jerky and simply a collection of still shots as they walked the walk. How much better it would be if video over the net could be just like it would be on TV. Qwest makes this much more a reality as they can use the bandwidth to get the data across in real time. A huge market. Video conferencing will become much more attractive, thus saving plane fare and saving companies tons of money. They would pay a pretty penny to be able to do that.

Simply put, I see Qwest looking like the space shuttle taking off. I have no idea how much, but I would not be suprised with at 400% gain over the next two years. Wishful thinking, perhaps, but the potential is there.
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