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: Scotsman who wrote (4821)	8/4/1999 5:17:00 PM
From: SJS	Read Replies (1) \| Respond to of 6846

You do the math. Many here have IPO stock, which is now at a cost adjusted basis of $5.50/share. At it's peak, QWST stock was almost 9X that price in 2 years. Now, it's a very respectable 5.3X in 2 years. However, that's a TON of dough to lose in 3 months. While many have lost paper profit, MANY are DOWN that amount in PAPER LOSS, after having bought stock in the 40's. There is some serious voting going on, and I don't like it one bit. I moved out of 40% of my LT stock at 29.5. It bothered me to sell it, but this has gone on long enough in my mind. I don't know how to change it, or what can. What is BLS saying? WOW, did they get shafted! How about MSFT's investment? A fraction of what it was. This entire thing is unravelling. Upgrades have done nothing to help the stock (only the DT rumor moved it up.....and then back down) With a note of cynicism, I do hope they push this down until QWST cries "Uncle". Sorry for the venting. Steve