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


To: Gary Mohilner who wrote (2822)2/1/1999 5:30:00 PM
From: SJS  Read Replies (2) | Respond to of 6846
 
Gary,

It's good that Lehman only indicated over valuation vs some fundamental issue. That mean it takes a ST hit, like it did, and people, sensing a bargain, come right back in.

This happened last year too, and it takes a few day to return. There was a woman analyst or fund manager that tried to gore the stock. I wrote to the QWST IR dept and they "mobilized" to educate her. The stock was back within a month.

The stock split last time in the low 80's, I think. I would suspect that they might split it higher this time, so thinking out a ways, maybe Q3 or Q4 might have a split in store for us, if we can get it to 80 or higher by then.

Splits are in vogue now...