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Technology Stocks : NEXTEL

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To: Kevin F. Spalding who wrote (7649)9/14/1998 12:43:00 AM
From: Bernie Diamond  Read Replies (1) of 10227
 
Kevin: CFP is becoming more important, but my guess is that we won't hit that landmark until sometime in Q4. When we were speculating on the number of Q2 new subs several months ago, I calculated ~November 1st as being CFP. If I was going to recalculate today, it probably would be ~December because of increased and accelerating expenses (personnel, advertising, spectrum, partnerships, etc.). I'm still confident of Q4 though.

BerniE
NEXTEL x,xxx

EDIT: I didn't exactly answer you question. The answer is "yes", even though the junk bond market is in very bad shape with the "flight to quality" sentiment in the market.
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