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Technology Stocks : NEXTEL

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To: Arnie Doolittle who wrote (5402)3/31/1998 11:43:00 AM
From: David Kuspa  Read Replies (1) of 10227
 
This according to Briefing.com: "NXTL: Lehman Brothers reduces price target on wireless communication services provider from $29 to $25 a share due to estimates of debt levels growing faster than enterprise value, diluting equity value; now forecasts debt level to reach $7.1 bln at year-end, vs old estimate of $4.8 bln; maintains "neutral" rating on stock....."
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