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

To: mfgrep who wrote (4872)	8/10/1999 11:47:00 AM
From: SJS	Read Replies (1) \| Respond to of 6846

Additional comments... _____________ Qwest Communications International (QWST) 26 1/8 -1/8: We see your $0.05 per minute long distance, and raise you free Internet access. While this is an oversimplification of Qwest's response to MCI Worldcom's announcement yesterday to cut long distance rates, it is clear that a game of pricing poker is underway in the long distance market as Qwest has been quick to play its trump card with a new pricing initiative announced this morning that follows on the heels of MCI Worldcom's tantallizing calling plan. Qwest's promotion features free, unlimited dial-up Internet service and 250 minutes of domestic long distance calling service for a flat rate of $24.95 per month; additional interstate long distance beyond the first 250 minutes will cost $0.10 per minute. Unlike the response MCI Worldcom received from investors yesterday, shares of QWST are holding up fairly well this morning as the company's aggression and desire to win market share have been appeasing factors. Hasn't been the case recently for Qwest, however, as its stock has been punished in the wake of its battle with Global Crossing for US West and Frontier Corp. Although this battle has come to an end with Qwest successfully grabbing away US West, but not Frontier Corp., it came at a hefty price as shares of QWST have dropped a whopping 41% since its intentions were first announced on June 14. Given the weakness in Qwest's stock price, there are questions as to whether the deal will actually happen, creating uncertainty that Wall Street never likes to see. Now, the intensifying competition in the long-distance market has thrown another element of uncertainty into the mix as it has raised questions with respect to earnings prospects not only for Qwest, but for other long-distance carriers as well. Accordingly, it wouldn't be a surprise to see earnings estimates come down in the days ahead, or for stock prices to follow the estimates lower, especially in an environment of rising interest rates. Given the punishment doled out to Qwest already, its pullback may be less severe relative to some of its peers, but that's little consolation for investors who bought the stock at its 52-week high of 52 3/8 in April. - PJO

To: mfgrep who wrote (4872)	8/10/1999 2:27:00 PM
From: Epics	Respond to of 6846

Holders of QWST, During this time period, remember TLAB, CIEN, C, DIS a while back. Point it, if youre looking for 40 tomorrow, forget it. If you have 6 months to have wall street hose the company, youll be all right. I noticed QWST at 26 has hit a major support level. Could see low 20's but USW will can the merger in my opinion and BLS will pick up all the pieces and take Nacchio's job in the 40's somewhere. QWST is a good company who dropped the ball trying to buy someone who they couldnt afford and wall street isn't buying the dilution crap from Nacchio. Print double the shares, doing simple math you get a 50% haricut. Which is about where we are. Bye,Bye Nacchio. You printed shares and now you are exaclty where you were when you started. Wonder how many shares we sold before the annoucement

To: mfgrep who wrote (4872)	8/11/1999 6:50:00 PM
From: Jay McGranahan	Read Replies (1) \| Respond to of 6846

I'm equally optimistic about Qwest! It's got Fiber! And it's ON! I think QWST is a good buy in here (which also happens to be close to my average price per share). Just recently bought some more! The Dinosaurs (T, WCOM, FON) are scrambling to upgrade. Nacchio is great management and U.S. West adds users to the fiber! I'm putting this stock away for the long-term! P.S. I have been using their long distance service for awhile now and have been very pleased with it. I'll probably go with their $24.95/month for free unlimited internet and 250 minutes of free long distance. Anyway, just my 2 cents.... Jay