Mike, I have no desire to turn this thread into a "my dad can beat up your dad" debate. Couldn't do that if I wanted to, no takers here. Seems only serious investors are willing to shell out dough to discuss the pro's and con's of their favorite stocks.
I hope you and others realize my comment about Paul Blaylock was sarcastic. It could be easily verified as false.
Mr. Blaylock does not have an easy job, but he does have the responsibility to keep investors informed of the progress of his employer. I do not expect to be spoon fed information at my beckon, nor should anyone else, but in my opinion, relying on press releases by Nextel suppliers to determine progress of their international build-out suggests neglect of responsibility. We have a right as stockholders to be informed of such activities, and I expect to hear it from the issuers of my stock. This is not an unreasonable request.
I understand, and accept many of the ongoing dialogues are of sensitive nature and cannot be released until finalized. Stockholders have been told a towers deal should be complete by the end of the year. Okay, good enough for me. I don't expect an ongoing blow by blow update of proceedings. That would be foolish and could even be detrimental. Ditto for the Partners program.
But I cannot excuse the silence of the recent announcement, or lack thereof by Nextel regarding the Philippine advancement. With all the hush hush negotiations taking place, why not at least acknowledge, something that is now public information? What about Mr. Blaylock's comment made to other stockholders that capex will not be zero in the 4th quarter?
I am quickly losing respect for Nextel investor relations. Maybe my sarcastic comments are not the appropriate manner to address the situation, but i'm being ignored, so what the hell.
Mike, what are your opinions on Mr. Blaylock, and Nextel IR?
Regards,
Ron |