<<Since there are no iDEN phones in most of the developed world, pray tell how that could happen. Europe? Not a chance given the 3G license costs and heavy debt loads of EU carriers. U.S.? Aside from NXTL, never happen because NXTL has an exclusive with QCOM. Asia? Same as Europe>>
I'm not going to take the time digging up old news archives, but rest assured, awhile ago, NXTL, QCOM and MOT announced an agreement that will eventually bring DC worldwide......feel free to look it up yourself, but I know what I read, and it was one of the factors that made me first invest in NXTL.....of course I am out now, simply because I think she rose too much to quickly and valuation is a concern of mine.....but again, I am not here to argue....like I said, I like NXTL very much and think she will do very well and will re-enter lower if I get the chance, but I wont chase something higher if I think it is currently fairly or overvalued. And of course if news or numbers change my opinion, I may re-enter as well...but right now, with NXTL sitting close to it's 52 week high, and the markets having had a decent rally...and nxtl being up from the $3's to the $10's-$11's.....I prefer to watch and wait....if she keeps going higher, I will be thrilled for all the longs...if she comes back down, I will become a long again....but for now, not chasing anything with such a high valuation that just went up 250%...maybe she keeps going higher with no pullback...but one thing this market has taught me is not too chase anything upwards...better of being safe and missing it, rather then risking a 50+% possible pullback..not saying she will pull back...just that it's a possibility, especially now, after a nice run, earnings and news is out and digested and she is not breaking resistance to the upside as of yet....anyway, best of luck to all longs....I hope she hits $20 instead of $5..... |
