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


To: Bill Zeman who wrote (294)11/7/1997 2:09:00 PM
From: JAG2  Read Replies (3) | Respond to of 6846
 
BILL - $19 is correct for QWST - Same as MFS & NXTL

I SPEAK FROM EXPERIENCE. Now you bring up another one of my prior loosers. I had MFS(Fiber Optics) at $50. It went to $15 and sold out at $35. The stock never got back to $50. I LOST.

I bought NXTL at $45. It also went down to $10 or $15. It is now around $26. After 3 years I still have not made back my money. I LOST.

So you see, QWST will follow the path of MFS & NXTL. I lost on both and after 3 years never made it back.

Look at earnings ESTIMATES for QWST. They are (.01) NEGATIVE for the YEAR ending 1998. You cannot ignore this just because the stock is going a make great profits 3 years from now.

MFS & NEXTEL are also GREAT companys and after 3 years, I have
lost because I thought like you.

There are so many company that have SOLID NEXT QUARTER EARNINGS.
Why not Why not put your money there.