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Technology Stocks : NEXTEL

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To: Stephen Steir who wrote (6279)5/22/1998 1:49:00 PM
From: Rob Prickett  Read Replies (2) of 10227
 
Steve,

I like the LFUAE (Jan 2000 Call 25) and LFUAF (Jan 2000 Call 30). The call 25 seems like a better value. If the stock has not recovered way before expiration I'm very wrong about this company and the industry.
By the way, I don't recommend tying up a lot of your money in options.

Akerson, at the annual meeting, responded to a series of questions about present value of Nextel (per share) and possible buy-out. He wouldn't give a present value, and said flat-out NO to a buy-out. But, he did add that $50 per share would be reasonable to offer for Nextel now, but next year, forget it.

Rob
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