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


To: stockid who wrote (4503)7/6/1999 11:28:00 PM
From: pass pass  Read Replies (2) | Respond to of 6846
 
I like QWST too at this level. The only possible downside risk is if QWST raises its bid once again when/if it gets rejected.



To: stockid who wrote (4503)7/7/1999 11:28:00 PM
From: Tunica Albuginea  Respond to of 6846
 
stockid, I am in at 32. Fantastic article in Barrons couple of weeks ago. I bought it last week as soon as I saw it on sale for 25% off.
I think this is a win win situation. If USWest rejects the deal I don't think QWST will offer more money. The CEO is an astute old hound. He'll pass and wait for a another opportunity. Thus stock will go up because shareholders will not run a potential risk of loosing money on a takeover situation. On the other hand if USW accepts offer, QWST stock will also go up because now they will be a greater force to reckon with.

I hedged my debt and also bought GBLX at 41. I liked that one too on sale at 25% off. Same reasoning as for QWST. I am nicely up on both.

With phones moving into cable & internet, I don't think you can loose long term.

I think that Bell South is an extremely well managed Bell and they knew something when they invested in QWEST.

And if BellSOuth buys more QWEST, can we see $ 45 ? share?

8-)

TA

PS I thought of buying also USW since at $59 it is down from the $70 offer. Any thoughts?

I like QWST at this price. I'm in at 33 1/16. QWST has great support at 33. It will
go up on no deal. And up after a deal is closed. Either win I think it will be win win.
I'm in

Ride the Wave
SK