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Technology Stocks : NEXTEL

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To: Bubba who wrote (4855)2/25/1998 11:29:00 AM
From: Marian Bucci  Read Replies (1) of 10227
 
If Nxtl is closer to their published targets than what has been anticipated, and with their current expansion being on track, we will certainly see a jump in share price. I don't think it will be dramatic though, remember this company has stated it doesn't plan to be in the black until 2001. There have been some recent suggestions that it may occur sooner(break even) and this is certainly feasible considering the current economic scenario; So I am anticipating $30-32. One thing that nxtl has to work on is their R&D. Detroit is equipping Saab9-5 with an on board computer that allows you to access your phone book by calling its name and in a matter of a few seconds it will be dialing a phone number from your address book for you. So within 18 months we can expect to see more of this and there will have to be some integration of this technology with the current "portable" wireless phones. I am not aware of any new product lines coming from nxtl thru MOT that correspond to this. Are you? Marian
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