freeus: Nextel's shortcomings show up when the market is weak.
However, most of us can't pre-determine just when thats going to happen. It't caused by world wide influences.
The perceived shortcomings lie in the accountant's analysis. Some say that Nextel's stock is overpriced. This is based upon company net worth, earnings per share (negative) etc. These reasons seem to be a common way of defining weakness is a stock, in a down market. Anyone that knows Nextel's business, knows different. The true value of Nextel is not the accountant's analysis, it's based upon the communication industries methods ie.licenses, ARPUs etc. (Bubba's formula's)
The big question is: How many of the millions of Nextel shareholders actually understand what Nextel does? I say not enough. That is why Nextel drops 20%, when others drop 10% or less, in a weak market.
Investors need to be educated in many ways before they can play this game successfully. I am looking in the mirror when I typed the last statement!
Regards, working on the education, Al |
