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


To: Alejandro who wrote (4843)8/5/1999 1:12:00 PM
From: Larry Livingston  Read Replies (1) | Respond to of 6846
 
It wouldn't be a scheme or anything orchestrated, just an investment decision by those US West shareholders that don't believe or don't want the risk of owning QWST. By shorting QWST they lock in the sale price and have no downside risk. The only thing they lose is the upside if QWST trades above the collar. The only reason not to pursue this strategy would be if they wanted to own QWST.