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

To: SJS who wrote (297)	11/7/1997 5:59:00 PM
From: t36	Read Replies (1) \| Respond to of 6846

hi steve, great post!!! thanks sue

To: SJS who wrote (297)	11/7/1997 6:01:00 PM
From: JAG2	Read Replies (1) \| Respond to of 6846

STEVE - Object is to INFORM us Small Folks I think this forum is an excellent means to put us small folks on a more equal footing with the Big Guys. We need to discuss the down side (negative) along with the positive. If we don't, we are at the mercy of the Big Guys that do know the downside and act accordingly. If someone out there knows of why earnings will be higher than what I am talking about here, PLEASE COME FORWARD. If we discuss the positive and negative, and find that the positive FAR outweighs the negative, we have a BUY. Otherwise, don't buy. I wish someone would have stepped forward on my loosers. The signs were there, no one pointed them out. It takes experience and discipline to finally see thru the smoke. Stocks can sell on PUFF (NO EARNINGS), for just so long. It's the little guy that gets holding the bag in the end. Don't be scared about the negative. Bring it forward and be informed.

To: SJS who wrote (297)	11/8/1997 1:37:00 PM
From: Alejandro	Respond to of 6846

I think Jag2 is simply saying that IPO's have a history of coming down as he said. He gave some examples of his experience. Having said that, I'm sure there are IPO's that didn't follow the pattern. QWST may be one. I think QWST shot up to these heights because of the big guys. They certainly know the IPO history. The price reflects the value of QWST potential and the niche it is trying to carve out. The question here is if there is enough money to keep building until it makes money. I don't know. I do think that putting a value on QWST based on PE is not applicable. If so, nobody would have bought MCI when it challenged T. ac