Qwest Communications (Q)

I parted company with Qwest yesterday.  The telecommunciations sector has had a good run in the past year, and Q has participated fully, rallying more than 300% from the 2005 low.  But I think the party may be over for now, at least for Qwest.  The company announced a large share buyback plan last week, but the market was disappointed that they did not initiate payment of a cash dividend, and so was I.  It shows that Qwest lacks confidence that their earnings will remain strong in the future.


One Response to “Qwest Communications (Q)”

  1. Direct Communications Says:

    Almost $4 today

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