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Technology Stocks : NEXTEL
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To: Bernie Diamond who wrote (8117)10/28/1998 7:31:00 PM
From: Rob Prickett  Read Replies (1) of 10227
 
Nextel Financing,

Nextel mentioned in the conference call that they are also looking into vendor (Motorola) financing. So, maybe the $300M announced today will be augmented. As implied, it would not make sense until they were up against the wall (mid-1999) to try to arrange for needed financing.

Speculation: $300M announced today was not going to be enough to get through 1999, as recently as the October 15 conference call. Does this mean some other capital is in the works (Towers, etc.)?

Bernie, I thought it was a 'Goldilocks' economy, but you're very considerate to include Cinderella - she might feel slighted. :)

Rob
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