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


To: Mike Hagerty who wrote (468)12/15/1997 2:50:00 PM
From: Diana  Read Replies (1) | Respond to of 6846
 
>>. .. surprised this thing isn't already flying!<<

Three concerns come to mind:

1. 180-day lockup selling into any buying, and

2. other providers will certainly hasten to match QWST's news, and

3. this is a terrible time for high p/e, no p/e stocks.

On the other hand, maybe the fund's are just completing their analysis of the news and will buy later in the week. They can be a little slow.