NEXTEL Message Board - Msg: 17322445

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Larry Brew who wrote (9843)	4/12/2002 10:53:49 AM
From: Rono	Read Replies (2) of 10227

Moody's said it's reviewing Nextel's ability to generate enough cash flow to cover capital expenses and ``mounting debt service obligations,'' at a time the company will face more difficulty holding onto its bigger-spending customers. I don't ever recall reading concerns of Nextel's ability to pay debt obligations other than their international division which supposedly has no recourse to big brother. But with recent history of telecoms going belly up, I do not easily dismiss the possibility that Nextel or any other wireless service provider could be next. Bankruptcy seems to be an all to easy and potentially rewarding option for the over paid greedy "executives" who choose that route. Screwing the common shareholders just might be to tasty to pass up! Spend a few billion for new spectrum or pay off some debt ala XOXO, then throw up your hands claiming you have no money to operate your business and file for bankruptcy. Too easy!! Maybe Nextel will continue to execute and ultimately prosper to the benefit of common shareholders. In my opinion they certainly could, which makes them worthwhile to hold some speculative shares, but like they say in Vegas, don't bet more than you can afford to lose. Ron

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next