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

To: TideGlider who wrote (1419)6/4/1998 4:59:00 PM
From: David Lawrence  Respond to of 6846
 
>>The large shareholders of LCI have shorted against the box. What is happening is that a large portion of the QWST stockholders money is being put in the LCI stockholders pockets.

I would tend to agree with you. If so, it was a risky play, but it appears to have worked. As a non-shorting LCI holder, I appear to have lost 10-15% if my [1-LCI = $42QWST] value, but have would up with greater that 1.06 shares of QWST. These deals are never simple.



To: TideGlider who wrote (1419)6/4/1998 5:30:00 PM
From: Gary Mohilner  Read Replies (1) | Respond to of 6846
 
Have you or anyone heard when the merger will occur. I understand it may be tomorrow, and my broker indicated he saw something indicating that crossing his screen, but he could not get further details.
Once the merger occurs I think we'll all see a nice move as the doubt's about the merger will have been answered.
Talk to you later,
Gary


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