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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Starduster who wrote (5331)	2/13/1998 10:28:00 AM
From: Gator	Read Replies (1) \| Respond to of 120523

Looking for quick boost this month when earnings announced, with acquisition announcements following. Analyst reports have the common stock going to $15 by end of year. The play here though is the preferred stock, which has the 1.4375:1 conversion feature in March 1999. With the common (QUST) sitting here at 7 1/2, the preferred (QUSTP) should be selling about 1.4375 time that, or about 10 3/4. So it is selling at a discount to its intrinsic value, which is why the CEO and other insiders have been buying it. If the common does go to $15 (according to JW Charles and Ladenburg Thalmann analyst reports), the preferred would be worth $21 1/2. Great fundamentals, small float.