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Technology Stocks : Qwest Communications (Q) (formerly QWST)

Q 81.09

+2.3%

Nov 28 9:30 AM EST

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To: MangoBoy who wrote (1337)	5/28/1998 11:05:00 AM
From: Brian Malloy	Read Replies (1) of 6846

To all: Interesting little article. If you read George Gilder and own Qwest already then I'm sure this comes as no surprise. The salient Qwest portion is provided below. Link is from the fore thread. Bandwidth, the Next Great Wealth Creator By Andy Kessler Special to TheStreet.com 5/26/98 1:34 PM ET Well, it's 1998, and you can see an almost identical curve. Over the next three decades, 30% or 50% or maybe 70% per year will come out of the cost of telecommunications bandwidth. Just like semiconductors (insert mantra here), growth in this sector will fuel trillions more in wealth creation. The price umbrellas that almost guarantee this growth are everywhere. Start with the fat 90%-plus margins regional Bells get on $1,000/month high-speed 1.5-megabit T-1 access. Cable modems are at $50/month. How about long distance? The "dime lady" will soon be a bag lady, as Qwest (QWST:Nasdaq) is charging 7.5 cents; soon it will be a penny. The post office is contemplating raising first-class stamps to 33 cents. Go right ahead, as this will only accelerate the move to electronic bill presentment and bill payment. Time for another Elvis stamp to make payroll. The list goes on and on. exchange2000.com Ride the Light!

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