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


To: Mathon Dabasir who wrote (791)2/13/1998 4:08:00 PM
From: SJS  Read Replies (1) | Respond to of 6846
 
Mathon,

I know you like to sell PUTS. Hope your not in too much hot water...

I looked at most of these trades. Orderly, but basically small investors. Largest trade today was 1 10K shares, 1 8K shares, a handful of 5K's, and much small pototoes.

While losing about 6 points (~8%) doesn't make me feel great, institutional money is not fleeing this stock at all, or so it would appear from today's activity. It was a fairly orderly downswing.

PS: I wonder if someone who has contacted the company before might contact them to rebut this....??



To: Mathon Dabasir who wrote (791)2/13/1998 4:41:00 PM
From: Jerry Miller  Read Replies (3) | Respond to of 6846
 
...temper, temper.



To: Mathon Dabasir who wrote (791)2/13/1998 5:19:00 PM
From: Frank Wechsler  Read Replies (1) | Respond to of 6846
 
It amazes me how much a stock will drop on the comments of one money manager, especially from Business Wack. The CNBC crowd in the morning constantly makes fun of the Business Wack columns, saying they are never right. I have personal proof of this, having bought a stock (GLAS, now changed to DATC) at 10 1/2 because it was touted in BW. The stock now hovers below 4. Luckily I only bought 100 shares. I'm much longer QWST.

Have a good weekend everybody, despite this silliness!