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

To: mfgrep who wrote (3055)	3/10/1999 8:27:00 AM
From: Jan P	Read Replies (1) \| Respond to of 6846

Qwest, Road Runner in data transmission pact March 10, 1999 07:24 AM DENVER, March 10 (Reuters) - Qwest Communications International Inc. QWST said Wednesday it signed a three-year, $10 million deal with online service provider Road Runner to use Qwest's national fiber optic system to provide high-speed data services. Road Runner is a joint venture between MediaOne Group Inc. UMG , Time Warner Inc. TWX , Microsoft Corp. MSFT , Compaq Computer Corp. CPQ and Advance/Newhouse. Qwest said in a statement it is providing Road Runner with a flexible pricing arrangement that allows Road Runner to pay for bandwidth at speeds of up to OC-48 (optical carrier, 2.4 gigabits per second) and deploy it where and when needed. Road Runner will use the bandwidth for service to its 180,000 national customers. The service will provide broadband data by interconnecting with the Qwest network and delivering content and applications via cable modems, Qwest said.

To: mfgrep who wrote (3055)	3/10/1999 11:01:00 AM
From: PDL	Read Replies (1) \| Respond to of 6846

I too have been watching LVLT and their steady climb. I have often watched with zeal as their vol. and share price zoom past QWST. Does anyone have an insight as to why such a company could outshine QWST on the Big Board??? Jason, I certainly can't explain the fundamentals for this recent relative out-performance by LVLT. I suspect it is related to the secondary they did (28MM shares at $54). I'm sure all this got placed with major institutions -- perhaps the first time they've gotten involved with LVLT and "new broadband networks" for the internet. The investment bankers' job is to support the offering, hype the stock and provide after-market support (that's why LVLT's price was "held down" for a period and then has marched upward since the secondary). Also at least one of the supporting investment bankers initiated coverage with (you guessed it) an aggressive "buy" rating. Some of that institutional interest and support of LVLT may have come at the expense of QWST. I've got investments in both companies -- with double the exposure to QWST than to LVLT because of QWST's lead. JMHO.