Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: John Coltrane who wrote (4076)	6/15/1999 10:35:00 AM
From: mfgrep	Read Replies (2) \| Respond to of 6846

John...be careful when using words like "everyone" and grouping the thread into a herd. There are certainly a few speculators with any stock, however, I think that this thread is comprised mostly of investors in QWST. I for one have invested a substantial quantity of my life savings in QWST and purhcased more shares yesterday. I am perplexed, frustrated, and irritated, however, I am not upset, vindictive and I am certainly not selling at this level. I plan on holding Qwest for a very long time and forsee Qwest becoming a heavyweight telecom company. Considering all the posts of the last few days I have seen a very small percentage of scared sellers. No foul, no harm....just imo. Jason P.S. I have a lengthy transcript in front of me from A.G. Edwards and do not with to type it all out verbatim, however, It criticizes the GBLX offer for it's outrageous complexity. It also states that QWST is at a strategic advantage of the new found assets from the two possible target companies and a much simpler offer. It also suggests that Qwest may consider selling off US West's smaller, rural phone markets to independent carriers that cater to such areas. Nacchio dismissed suggestions that he is trying not only to buy USWest and Frontier, but also to thwart GBLX.

To: John Coltrane who wrote (4076)	6/15/1999 1:54:00 PM
From: Brian Malloy	Read Replies (1) \| Respond to of 6846

Each investor has their own sell discipline. #1 My share basis was around $15 on the shares I sold yesterday so your comments about buying at levels between $40-$90 are complete nonsense. #2 When the shares spiked to over $100 pre split, I sold my full position, then brought back 1/2 my shares around $79 1/2 the next day or the day after. The effect? It lowered my average share cost. All in my IRA. Just because one is long term does not mean one becomes an automatron. #3 It's all about what valuation the market places on a company. The QWST story has the potential to change in a major way. I have to reevaluate the changing situation. Given the deals go through or QWST has to ante up more money then the factors that allowed the price to run from $15 to over $40, Friday of last week have changed. The LCI deal was a good thing, I considered it a smart move even though many of the "Wall Street" analysts were less than excited at the time. This deal is different, it can cause something akin to PE deflation to take place. I will watch closely, once the dust clears I may reenter but for now better returns should be available in LVLT, EMC, select inets and the semi-sector where money was reallocated. #4 While management probably didn't expect this great a sell off, it puts the recent large stock blocks sold by QWST upper management in a whole new light. Therefore, as I look back over your comments: "If I had bought the stock at $90, or $70 or $50 or even $40, but I didn't. So I hold..hold..hold..and look to buy on the burst. Question, why in heck would anyone buy this stock at $90 or $70 or anywhere in between, unless you were to hold..hold..hold...??? Answer, speculation!" I once again ask, who and to what are you talking too? it sure isn't me. Maybe if you were involved in the thread for more than 24 hours you would know of what you speak.