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Technology Stocks : NEXTEL
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To: Ed Pittman who wrote (5869)4/26/1998 11:56:00 AM
From: PHG  Read Replies (2) of 10227
 
Mr. Ed:

What do you think, am I off the wall or on target?
Put on your boots the water is dangerous.

For short term thinking only! The financials are not going to change soon. Some one noted recently, the expected coverage is being compared to regular cellular performance. Whether it should be is secondary. With this popular view in mind Nextel will be forced to cover less populated areas to prevent loss of present and future customers. A good source said Nextel put up 2000 sites last year and is expected to do the same this year. Than I assume their debt will also continue to grow to an undefined point. In my view this doesn't contribute to leaving large investments idling in stock at this time (short term).

There is another consideration worth questioning when determining the near future. The stockholders meeting is May 12 or that time period. There is always a chance of some announcement that will trigger buying. Not a takeover, that thinking is for entertainment only. You can speculate on your own on that.

I'm not planing to fall in love with Nextel so my motives are for investment purposes only. I have owned Nextel on and off for 10 months and try to be objective in my thinking, money is my goal.
Without jeopardizing your position how do you see it?

Respectfully Phil
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