SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NEXTEL
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Softechie who wrote (9765)9/5/2001 6:10:52 PM
From: Rono  Read Replies (2) of 10227
 
The problem with Nextel is they borrowed and spent $9 billion to build an all digital, always on network which will connect their existing 8 million domestic customers in the top 200 U.S. markets at 56K by the end of this year, allowing them to generate $7 billion revenue in 2001, and nobody cares. How's that for a run on sentence?

All that matters now is debt, uncertainty related to 3G upgrades, a telecom sector in the dumper, and a bleak macro economic environment. Until these issuers are cleared, I don't expect much appreciation in the stock price, however I think we're at or near the opposite pendulum where these "nobody's" valued Nextel at $90 billion dollars just 18 months ago.

Interesting times.

Ron
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News