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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Mac who wrote (511)	1/24/1999 5:19:00 PM
From: Stock Watcher	Read Replies (1) \| Respond to of 52051

Mac; on QWST; with the acquisition of LCI and more conquests on the way; this stock has become a "darling" of Wall ST./ Chart shows strong support @ 40; so, even with a severe downturn in the market that level should hold; temporary support @ 50; QWST hit an all time high last week @ 60. They lost .02 per share last quarter, so there's no P/E. Looks a bit pricey here, but, could easily double this year. This stock trades "normally" in a 5 point range each week. Gates interest and investment sums it all up. As a play, I'd sell @ 75; buy-back @ 50...this is one great, growing company ! good luck and stay with us on the thread; your picks and comments are always welcome, regards, sw