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

To: Scotsman who wrote (4228)	6/21/1999 2:54:00 PM
From: mrnaive	Read Replies (2) \| Respond to of 6846

Has anyone heard of a report on the Bloomberg report this morning that said the Qwest-Uswest merger has been accepted and that frontier is still a possible merger?

To: Scotsman who wrote (4228)	6/21/1999 3:17:00 PM
From: Brian Malloy	Read Replies (2) \| Respond to of 6846

I think as I alluded to in my earlier post, this deal with KPMG is nice, so were the deals with CSCO and MSFT. However, the press conference and waiting over the weekend and such did not go along with CSCO and MSFT. There is an air of inflated importance if not theatrics associated with the KPMG deal. I must ask myself why, I can only conclude that it is part of an effort to drive up the stock price. When this became obvious today I'm sure some traders as well as holders of the stock were miffed. IMHO

To: Scotsman who wrote (4228)	6/21/1999 4:03:00 PM
From: silverstein	Read Replies (1) \| Respond to of 6846

<<Unfortunately, Qwests shareholders seem to be made up of a lot of short term investors that just can't handle it going down a few points here and there. Long term for them seems to be a week>> I personally began buying QWST over a year ago, and accumulated a large number of shares in the past year. I truly believed that the company was following a brilliant strategy and they could sustain a projected growth rate between 40-50% over the next 3-5 years. This was the planned time frame for my investment. I expected that the stock would appreciate in value at a rate comparable to the growth rate. I was not happy to see that the long term growth rate projections have been reduced to the 15-17% range. This puts the fair value of the stock down into the low to mid thirties; again, with a projected appreciation rate comparable to the new growth rate. As I pointed out in a previous post, WCOM has a projected growth rate ~30% -- why is the new QWST better than WCOM? Well, I am neither a day trader nor a short term "one weeker". I've liquidated half my QWST holdings in the last week -- I'm holding on to the rest, for the moment, realizing that the risk reward ratio is probably positive because there is a reasonable chance that this dilutive acquisition will not take place -- I surely hope so! SDS