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Technology Stocks : NEXTEL
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To: Softechie who wrote (9767)9/5/2001 7:03:23 PM
From: rrufff  Read Replies (1) of 10227
 
Just curious but do you have a link for his purchase. Real key is how do they ever make a profit? Refinance the huge debt and re tool the technology?

I see it as a take over play. I don't think they will be profitable or financially sound for 5-10 years. Yet, as a takeover play, there is value. However, if they don't do it soon, the value to their bandwidth is shrinking.
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