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To: Prof who wrote (1853)	4/26/1999 2:10:00 PM
From: Wade Spencer Graves	Read Replies (2) \| Respond to of 2231

PQT is doing just fine!!! 20 by year end

To: Prof who wrote (1853)	4/26/1999 2:44:00 PM
From: Hyeonmoo Lee	Read Replies (1) \| Respond to of 2231

I think there is two reasons why PQT is down. One is to sell on the news. Secondly, I guess that the earning for this quarter is not good, which will be out this week. I was kind of suprised looking at price is going down. The market seems to waiting for the details of the pinoff; what percentage of the ownership the parent company will have? how many shares will be issued and priced? Once we have this number, PQT will go up. When date of IPO, the internet sector should remain hot in order for pqt to run up.