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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Uncle Frank who wrote (47529)10/5/2001 1:22:52 PM
From: Wyätt Gwyön  Read Replies (3) of 54805
 
I don't find that terribly surprising considering that they're already carrying $17B in debt to support a $7B/year business that's losing almost $1B/yr

the thing is, Nextel's financial condition was widely known even before the 1x demos started--this goes back years, so i hardly think it is the proximate cause for their rejection of QCOM technology. they did the trials and so on, and then opted to stick with iDEN.
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