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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?

To: Nichols who wrote (4030)	6/14/1999 3:22:00 PM
From: Brian Malloy	Read Replies (2) \| Respond to of 6846

I went ahead and sold at 34 11/16. QWST is kind of between support. Short term which means today and tomorrow, either we move up toward $37 or we will drop further to the $31 level About all I can recommend since you are LTB&H is to wait for the dust to clear a little. I would think it difficult to make that type of decision at this time. I don't think anyone can answer what or if QWST will win, what will the growth rate be if they win, will QWST be given a valuation like WCOM or FON. I doubt it will be valued like it is now. Bottom line, gapping down then selling off as we have on this kind of volume, the market is screaming NO! NO! NO! Day traders and individuals are not causing this kind of volume. I expect downgrades to follow. There was an analyst meeting this morning and not a peep has been heard. The little market voice inside is warning danger. IMHO