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Technology Stocks : NEXTEL

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To: im a survivor who wrote (9985)10/2/2002 9:57:22 AM
From: JakeStraw  Read Replies (1) of 10227
 
KG4, On the + side, Nextel retired like $1 billion in debt which should save them a considerable amount of money in interest payments. But they still have over $10 Billion in LT debt. Another + is there current roll out of Nationwide Direct Connect. As for valuation, analysts are predicting that Nextel will show full fiscal year profitability in '03 and look for them to earn .39 in e.p.s. At their current stock price of like $8.25 that gives NXTL a p/e of 21. The million dollar question is can they grow earnings to support that multiple? Furthermore can they add subscribers, stay competively priced and show growth to the bottom line...
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