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Technology Stocks : NEXTEL

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To: stephen allen who started this subject8/29/2003 8:31:56 AM
From: rkral  Read Replies (2) of 10227
 
Nextel highlighted in latest Business Week

Although stock has risen more than 150% over the past year, Business Week reports that one money manager thinks the stock could experience another triple-digit percentage move. "It could double in 18 to 24 months, based on the rapid earnings growth we see," says Graham Tanaka of Tanaka Capital Management, which owns shares. Tanaka calls NXTL a play on real "quality" earnings, noting that stock currently trades at just 12x consensus 2004 estimates. finance.yahoo.com
!!!!!
Could be the reason NXTL hit a high of $18.85 during pre-market this AM. Prior close - $18.06

Ron
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