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


To: Mathon Dabasir who wrote (681)1/23/1998 1:24:00 PM
From: Daniel Colton  Respond to of 6846
 
The Dow is in a trading range.It seems to be baseing. Just my Novice opinion.



To: Mathon Dabasir who wrote (681)1/23/1998 3:01:00 PM
From: Jerry Miller  Respond to of 6846
 
that's the way i figured it too..90 days.
but there's nothing at briefing.com on it, so i called
those folks, and that was their two cents.
i just spun it.

i will admit to being a little less bearish right here.
primarily for the fact that more and more the talk is that the
company will eventually be sold.
if that turns out to be the case, then a respectable P/E is less
an issue, since then it comes down to just what the buyer is
willing to pay.
but i don't see Mr. Anschutz coming to rest on these particular laurels.

i thought the price range that Qwest set for the purchase of PHX
was very telling. 42.5 to 72.5. apparently they expect to trade
in that range this spring, after next month's split.
geez.

Mark did us all a big favor the other day when he brought the information
about Level 3 Communications to the thread.
without pounding the table on it, if you read the
releases, visit the site, (under construction) and follow the thread (it's brand new), i have no doubt that
you will come to the conclusion, as i have, that it's a chance to get
in on an IPO, before it becomes an IPO.

i ramble.