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

To: PetroLou who wrote (2788)	1/27/1999 11:34:00 AM
From: Scotsman	Read Replies (1) \| Respond to of 6846

I actually agree with the analysis that Qwests earnings could be lower than expected and make the stock drop. They are on a tear, and I am not sure of what terms these contracts they have been making have. Hence, although they may have great prospects, they could have an earnings shortfall. Since the modern market is dominated by day traders and short termers, it could cause some selling. I am very long, and would view this as a buying opp. But day traders and short term traders might not have this same view. I certainly would not short it, primarily because I don't short, but if I did, I would not consider shorting unless I could make at least a double. I don't see Quest going to 30, so shorting fails miserably in my book. Might consider buying some puts depending upon where the stock is and the premium.

To: PetroLou who wrote (2788)	1/27/1999 11:45:00 AM
From: David Lawrence	Respond to of 6846

>>Likewise if you are long and just covering your hopes with pessimism. Hey! That remark resembles me!

To: PetroLou who wrote (2788)	1/27/1999 1:30:00 PM
From: Digitom	Read Replies (1) \| Respond to of 6846

<<What is your position in QWST? Do you have one? Are you short? If so, please say so.>> Actually, the trend has been for the stock price to collapse after announcing earnings in the tech market generally, no matter what the results,(as was similar in the fall of '98). Witness the dives taken by LU,CPWR,CTXS,SAVLY,INSS--the former listed because they are darlings of my portfolio--all being very richly valued. So long, short, or otherwise, one has got to be a little bit wary of post earnings selloffs at these lofty levels.