SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (8939)6/13/1999 10:18:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
QWST's immediate support is at $38-39. Failing that, the next support is at $32.

Chew hard, Papaya.

The mo-mo street hates anything that's long term. Paying so much premium for USWest and Frontier and assuming so much debt, QWST will become a longer term play after tomorrow. But then look at ATT, it did absolutely nothing for 1 1/2 years before it took off. There will be plenty who want to sell on any strength tomorrow and switch to other telecommunication plays.

CIEN's near term support is at $30. Failing that, it would be back to $26-27.