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Microcap & Penny Stocks : YOUR FAVORITE INTERNET PICK..... AND WHY ????? -- Ignore unavailable to you. Want to Upgrade?


To: Mac who wrote (98)12/21/1998 6:26:00 PM
From: Stock Watcher  Respond to of 962
 
M - on QWST - great pick ! Not only is Gates investing, but, they made a brilliant move by acquiring LCI (whose stock rose from 13 to 36 last year before take-over). LCI, at that time, was USA's 5th largest long-distance carrier.

Revenues totaled 1.38B as of 9/30/98 with a net loss of 881M due to LCI acquisition.

1,600 employees - positive mention in current Business Week.

Either QWST is hitting a "double top" and will take a dip, or it's about to break-out past $46 and really start to move higher. My bet: they're breaking out. As soon as LCI's revenue kick-in; and as long as gross revenues continue to jump from overall operations, QWST's stock price could take a quantum leap from current levels.

Wish I owned this one. If it ever dips down to $30 again - I'm in...thanks for the smart pick....