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


To: Kal Perry who wrote (2679)1/7/1999 6:07:00 PM
From: Alex Sharp  Respond to of 6846
 
On the one hand I want you to buy but if you look at the history, it always pulls back some every few weeks. But it seems to be on a new trend. I expect this stock to hit 80-90 in 6 months and then split. Just my opinion.



To: Kal Perry who wrote (2679)1/7/1999 6:48:00 PM
From: SJS  Read Replies (1) | Respond to of 6846
 
The people who bought today don't think so... but I don't really know how to answer that. Are you trading, or investing? How long are you going to hold this stock? 3 years, 5 years? If you overpay now, will you care if you have done so by 5 or 10 points 3 years from now when you have a triple or quadruple at that time?

Look at some of the research reports and other recco's done recently and then determine what you're tolerance for risk is, and determine your timeframe for the holding period.

If you're trading this stock, I think it's probably fairly valued in the range of 50-55.

Hope this helps...