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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 96.18-3.7%Jan 30 9:30 AM EST

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To: Jerry Miller who wrote (408)12/8/1997 12:56:00 PM
From: Frank Wechsler   of 6846
 
will somebody tell me why so many people are trying to compare apples to oranges on this thread? Many people are so concerned with P/E ratio when what this co is doing is investing a lot of money to build a state of the art network for the future. Nextel has been running at a huge loss for a long time - they too are building a different kind of a network - yet their stock has been doing relatively well (I am long in both stocks). I got in at the IPO and bought more a month ago at 60 (& then watched the stock go back down to 50 - but now its back up). A few messages back somebody metioned Dell computer - a company selling a mature product with many competitors (including some new possibilities - i.e. the network computer). I don't see the point.
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