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6 pts

Opinion on  Qwest Communications International Inc (Q)     Sector: Services  >  Industry: Communications Services
reinstated 5.5% div yield shows board confidence

Feb 13, 2008 05:27 AM GMT
Joe
Return Risk
-19.70% MID
Analyst

The reinstated quarterly dividend of 8 cents per share after the new CEO's review of the company I think shows confidence for long-term growth. I don't think the stock price will fall much from these levels.The there were articles back in June reporting that the company was too richly valued for a buyout at > $10. Maybe now at ~$5?

Q:  This call was made on 02/13/08 @ $5.42
Rating:   Positive   $5.42 (02/13/08)
Gain/Loss:   -32.29% in 647 days
Target:   $8.00 (+47.60%) in > one year


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