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Technology Stocks : Qwest Communications (Q) (formerly QWST)
Q 82.04-1.7%Dec 5 9:30 AM EST
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To: Jerry Miller who wrote (780)2/13/1998 9:49:00 AM
From: SJS  Read Replies (2) of 6846
 
According to money manager Joan Lappin, IIXC a wholesaler of switched long-distance services, is a cheap stock versus competitor Qwest Communications (QWST 72 23/32), as the stock trades at only a 40 multiple, versus QWST which sells at a 72 multiple; in fact, according to Lappin, QWST "is a terrific stock to sell short" as IIXC makes money while QWST is only now beginning to provide services and only 16.5% of its revenues come from the telecom business.
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