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Technology Stocks : NEXTEL

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To: Bux who wrote (9324)9/22/1999 11:36:00 PM
From: Bux  Read Replies (2) of 10227
 
That is an interesting way to report cash flow per share. I always assumed EPS meant earnings per share. Are you able to explain why Paine Webber is using EPS to refer to cash flow per share? I am still baffled.

Upon pondering this a few days and watching Nextel I can only assume (in the absence of a reasonable explanation of my original question) that Paine-Webber and/or large privileged client(s) are selling large positions in Nextel and Paine Webber has erroneously represented the cash flow per share as E.P.S. to support the share price temporarily. If you don't think that press release would have positive impacts on share price that's fine. Personally, I think it would. However, I don't know how to check Paine Webbers and/or large clients history (if this is even possible). No need to flame me. I am only raising the possibility because I have not found any other answer that makes any sense at all. I am interested in others theories to the baffling press release and/or methods to check the accuracy of my assumptions. Let's try to keep it civil boys and girls! This is all in the name of making sense of the tools and info we have to make our decisions with. It's not small investor vs. small investor.

Bux
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