Freeus, I read Peter Lynch's book. What a great book it is.
You mention that you sold DELL. What a growth story that has
been. I shorted a few shares lately as it looks a little high
to me at this point. Barriers to entry are not quite the same
as with a company like Nextel. Do you, Freeus, remember what
Peter Lynch said in Beating The Street about barriers to entry?
He said the closer a company is to being a monopoly, the better.
Well, NXTL has the national monopoly for Direct Connect. But
Direct Connect aside, only three companies have a national
footprint (NXTL, SPRINT, AT&T). The fourth biggest U.S. footprint,
I think, belongs to AirTouch, which only has licenses for about
38,000 in the U.S., I think, or about a sixth of U.S. pops
(potential customers). I hope this helps.
Cheers,
MV BABER |
