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Technology Stocks : NEXTEL
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To: Arnie Doolittle who wrote (3378)12/1/1997 7:55:00 PM
From: Mark McLeod  Read Replies (2) of 10227
 
Arnie, the acceleration of new subcribers and increased utilization of the system is surpassing even the projections made by Nextel. IMO, the 4Q numbers will far exceed any of the analysts estimates. The result is more capital expenditures sooner and also the need for more debt or equity financing.

Take a look at the 3Q 10-K, at page 26. sec.gov.

Same general language is also in the latest debt refinancing.

There is also a short article in todays Interactive WSJ re Airtouch and the impact that the big boys, including Nextel, are having on the company. Arnie if you would tell me how to move the article to SI, I would gladly post it.

Mark
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