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

To: musea who wrote (3233)	3/26/1999 7:49:00 AM
From: SJS	Read Replies (1) \| Respond to of 6846

Musea, Interesting comment. Barry Diller (because I traded CMGI recently, I was watching the David-Barry show.....) commented on this. When he offered what he did for LCOS, he mentioned something akin to the following: He "wasn't going to pay way up for LCOS because a mess of daytraders mo-mo'd the stock to high heaven". I think you just might be starting to see a new thinking on valuations that are NOT solely dependent on the current stock price, because the stock price is NOT a reflection of the company value. Some of the stock prices may just be out of whack with the reality of what a bidder will pay. Take-under is what this is now called.... Not something specific to QWST mind you, but something to think about in any buyout, or merger of equal (the PC term). Steve