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


To: Robohogs who wrote (5235)10/11/1999 5:53:00 PM
From: Mr. Big  Respond to of 6846
 
Printing $39 1/2 in after hours on Bell South rumor.Bell South currently owns 10% of QWST, howevere, $52 is what QWST wants for the price. I think $52 would be fair for both parties IMHO.



To: Robohogs who wrote (5235)10/11/1999 6:07:00 PM
From: Harry J.  Read Replies (2) | Respond to of 6846
 
Jonathan Robinson wrote: "[snip] USW plunged as compared to QWST going up today."

Just a guess, but I noticed USW went ex-dividend on 6 October, and it could be that the holders who want income rather than growth are leaving rather than waiting to see if they get the Spring USW dividend.

Which raises another question: Why is QWST going to pay a quarterly dividend of $0.0125 after the closing of the merger? At today's close, that's an annual return (assuming 4 qrtrly pymts) of 0.158+%. Hardly seems worth it.

Just my long term (two consecutive qrtr) opinion.

Regards,
Harry J.