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Technology Stocks : NEXTLINK Communications, Inc.
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To: Capitalizer who wrote (5)9/23/1997 10:23:00 AM
From: Mark McLeod  Read Replies (1) of 265
 
Take a look at September 22,1997 Business Week, the Up Front section. There is a short story on Nextlink. The BW guys think the proposted offering price is too high based on existing revenues. I agree with that rational, but if you buy this IPO what you're really doing is making a bet on McCaw again. I"m getting in, but not initially. The stock will retrench shortly after the offering, I hope. Also check out the IPO Central link.
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