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Technology Stocks : NEXTEL
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To: David Kuspa who wrote (5665)4/15/1998 1:17:00 PM
From: Arnie Doolittle  Read Replies (1) of 10227
 
"They've been narrowing the cash flow losses ($119M), ($112M) and now
$105M), but at this rate they seem a long way from the goal of achieving breakeven this year."

NXTL has promised operating cash flow breakeven in the 3rd quarter. But the focus is on DOMESTIC operating cash flow. For the 1st qtr., the domestic operating cash flow loss was $94.843 million, not $105, which includes international. Since international is just getting started, negative international cash flow will continue for several years.

Arnie
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