Hi KG,
Shake off that negative attitude and think positive! Lots of room for Nextel to grow from here. Most of Nextel's customers churn from other carriers, so even if wireless growth in the USA slows, Nextel keeps growing. With earnings AT LEAST $1 a share this year, do you think an EPS multiple of 20 is too high? The PTT competition is way overblown. Everyone want's to be like Mike, and with good reason, but there's only one Mike. Competition has been talking about PTT longer than they've been yaping about 3G as the second coming! Talk is cheap, but it's time to put up or shut up! BTW, PTT is a registered trademark of Nextel, LOL! I've been in and out of Nextel a few times, but when they turned the corner a year ago it was time to get back in and stay put. I felt like Billy Buckner going back to Shea, but sure glad I did. I think you will also. Get the certs and put them under your mattress this time!
Best of luck,
Ron |
