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Technology Stocks : NEXTEL
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To: Rono who wrote (10116)2/21/2003 12:17:46 PM
From: Jack Hartmann  Read Replies (1) of 10227
 
Morgan increases NXTL estimates
Morgan Stanley reported it upped 2003 and 2004 estimates on Nextel due to the company's successful Q4. 2003 EPS goes to 78 cents, from 58 cents, and 2004 increased to 98 cents from 80 cents. Target price is now $70.

Is that analyst on drugs or what? 5x increase in price?

Jack
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