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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Sam Nizam who wrote (8735)12/22/1997 10:48:00 AM
From: Greg M.  Respond to of 9285
 
Sam,

I think QWST is clearly overvalued, but I wouldn't short it. The fiber it owns & controls is equal to having dozens of satellites already in orbit. I wouldn't be surprised to see it correct 30% in a sour market, but for me there are too many other overvalued stocks out there without sound business models or even growth. I would put QWST in the same category as DELL, MSFT, INTC--all too expensive, but will someday justify current valuations.

Greg