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

To: Digitom who wrote (2686)1/10/1999 1:00:00 AM
From: David Lawrence  Respond to of 6846
 
The increase in volume coincides with the closing of the LCI merger.



To: Digitom who wrote (2686)1/10/1999 6:52:00 AM
From: Robert Scott  Respond to of 6846
 
The average volume increase is more than a 200% increase - if I remember correctly LCI exchange was around 1 for 1 and therefore doesn't explain all of it. Strong volume increases in a stock in an upward trend usually mean a long multiyear uptrend in the stock (2-3 years at least).



To: Digitom who wrote (2686)1/10/1999 8:23:00 AM
From: Alex Sharp  Read Replies (2) | Respond to of 6846
 
Yes, there is much more volume and interest. I was going to day trade this stock and it took off, not dropping again as normal, like 3-4 points every few days. So I am off my normal quantity of owning shares. If this rally continues, I will buy many more shares. I believe that after the first quarter that we will see some significant buys as the Microsoft deal takes place then.


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