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Technology Stocks : NEXTEL

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To: Rob Prickett who wrote (8118)10/28/1998 10:33:00 PM
From: Bernie Diamond  Read Replies (1) of 10227
 
Rob: Cinderella, Goldilocks - figments of the imagination. :-)
We know towers and partners are being discussed/negotiated with one or more entities. If a deal is done in 98, it will offset some of the accelerated capex expenses. If 99, then it will be used then. 6 of one, 1/2 dozen of the other. :-)
I still believe the planning process that's going on is not only for cost-control and focusing resources, but also to make Q4 look really, really good by spending less than projected.
Also to be considered - we don't know when we have to pay L3 for the fiber-optic agreement (Q4-98(?), Q1-99(?). We can assume that L3 wants/needs $$$ for its capex, otherwise they would have kept it all.

BerniE
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