Nextel PR versus IR.
Wow. This topic has hit a nerve.
For my part, I'm more interested in knowing what the company is doing, what it's plans are, etc.. I am after Investor Relations information when I talk to Paul. As an investor, I want to know what Nextel is doing with my (and your) money. That's one of the main ways I can judge whether I want to leave my money in the company.
Stock price is more correlated to Public Relations than Investor Relations. As long as I am satisfied with the Investor Relations information concerning the company, I am not too worried about Public Relations - it will come in its own time.
As Arnie stated, Paul is responding to directions and limitations when he gives out information. So, he is only the "messenger". Paul works for all of us (as shareholders); he just happens to work for McCaw, et al, more.
I came to the conclusion a while ago that we are not going to be able to get any information out of Nextel that is contrary to what the big investors want. Therefore, the investment comes down to a matter of 1) judgement based on what we can see in the (few) press releases and anecdotal information, 2) quarterly reports, and 3) trust in the leadership of management, McCaw, and Motorola.
Over and out,
Rob |
