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

To: Roger Lewis who wrote (3915)6/6/1999 4:46:00 PM
From: Roger Hess  Read Replies (1) | Respond to of 6846
 
If a Qwest executive exercised the right to sell options, I see no reason to fault him. The reason you sell options is because the price of the stock has gone up to point where you can make a good profit.

Isn't an option to right to purchase a stock at a set price? You turn around and sell it for a quick profit. That would mean you didn't already own it, and it wouldn't dilute your percentage of ownership, would it?

Another way to put it: Why have options and not exercise them?



To: Roger Lewis who wrote (3915)6/6/1999 9:33:00 PM
From: SJS  Respond to of 6846
 
Probably Bob Gabelle. He's has a hard job of trying to determine if insider selling is either:

1) reasonable and bonafide,
2) a portent of something negative.

I believe in QWST's case, it's number 1.

Steve


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