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

To: Rashe W. Stephens III who wrote (529)	1/6/1998 5:26:00 PM
From: Jerry Miller	Respond to of 6846

Hi Rashe, ...and welcome to the fray. your comments are clear and concise. you make good sense, and i would be the last one to disagree with your outlook for the company's future. ...but that will be then. this is now. and with a P/E of 1500; money, generally, flowing out of the stock; and a good many other indicators either negative, or flat; there's good reason to, at least, embrace cautious thinking. i certainly do not pretend to forcast gloom and doom, and nothing i say should ever be cast in that light. heaven forbid. ..but neither is this paradise, since from time to time every company's stock price takes a hit. Qwest is just overdue, that's all. i will never ever say " i told you so". not my style. Jerry