To: srvhap who wrote (10892 ) 4/24/1998 2:36:00 AM From: Wall Street Jr Respond to of 13456
Here's more bandwidth. Got it from investools, e-mailed to me. I don't own any because I have no dinero, for now. I hope you guys make money on it. Asta la vista baby, 1. More Bandwidth Than AT&T, MCI, Sprint and WorldCom (QWST) Friday, April 24, 1998 Qwest Communications (QWST) is the fifth to lay a nationwide fiber optic network, but Wired Magazine says the Denver-based upstart will be miles ahead of its competitors' 1980s-era networks. The 16,285 route miles of cable will provide the "virtually endless throughput" best suited for bandwidth hungry, post-2000 applications like high-speed video and multimedia. Slated for full-tilt operations in mid-1999, Qwest's network will have more bandwidth than AT&T, MCI, Sprint and WorldCom put together: 2 trillion bits per second compared with the standard 40 tbps of today's name-brand telcos. Though impressed with the network, Richard Young did not recommend Qwest to investors until they came up with a viable way to profit from their first application: 7.5c/minute long-distance service over the Internet. "The company has finally negotiated a deal that makes investment in the company suitable for individual investors," Young says, referring to a $4.4 billion merger with the fast- growing long-distance carrier LCI International. LCI brings a $500 million residential revenue base, a $1.1 billion business base, a state-of-the-art billing system and a track record of 40%+/year growth for the last five years. LCI will also boost Qwest's business sales force from 100 to 600. Though Qwest competes with the massive installed bases and call volumes of AT&T, analysts say the traffic LCI provides could be a cheap way to begin loading the network. "Buy the stock now," Young says. For more on Richard Young's recommendation see "The Digital Revolution," May 1998, Richard C. Young's Intelligence Report. Dick Young, long-time Wall Street insider, discloses bargains and undiscovered opportunities unknown to the public.investools.com