Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?

To: SJS who wrote (306)	11/10/1997 2:49:00 PM
From: t36	Respond to of 6846

hi stve, GREAT article!! thanks sue

To: SJS who wrote (306)	11/10/1997 5:19:00 PM
From: Andrew G.	Read Replies (2) \| Respond to of 6846

See also the latest issue of US News & WR 11/17/97 pg.64 Qwest is featured with a picture of CEO Joe Nacchio infront of the company sign. The article reinforces the one you just quoted, Steve: "Why is Denver-based Qwest so hot? Because Internet use is exploding, staining capacity, and Qwest is putting more cables in the ground to meet that demand" The article goes on to say that "nimbler telecom upstarts" are using the latest technology in ways giants like AT&T "wedded to previous investments, cannot". Also, if you have the latest issue of The Red Herring" business technology magazine 11/97 you'll find a two page spread by Qwest on page 2-3. Interesting ad pointing out how Shakespeare's entire works can be sent in just .0043 seconds in 200 languages from NY to Omaha on the Qwest network. The comments made earlier by others posting on this thread with respect to earnings and PE are not relevant here. As I said months ago on this thread, everyday that goes by Qwest is laying down fiber that is worth millions near term and billions long term to it's net worth. Keep that in mind people, we are talking billions in potential revenues in a couple of years. The stocks current valuation would be a fraction in relation to those earnings. As far as competition goes; the "quest" to successfully deploy interstate fiber is not a zero-sum game but Qwest will have more capacity than any other long-distance network and with Cisco at it's side will likely have the best for years to come. If the stock devalues now it will only have to come back up at a steeper grade later. Frankly, I don't care what gyrations it goes through. The lower it drops the more stock I want to buy, but there is too much good news ahead for it to trend any lower. I do wonder about the MCI/WorldCom deal and if there will be more industry consolidation ahead. Would it surprise anyone if some big player went after Qwest? I hope they can bring their whole network up before that is given any consideration.