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Technology Stocks : NEXTEL
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To: Ken Benes who wrote (8575)1/12/1999 10:49:00 AM
From: Arnie Doolittle   of 10227
 
"the chances of a takeover have increased with the ATI action."

Ken, with all due respect, I disagree with the above. The ATI deal simply focused public attention on the industry. It's been obvious that something was going on behind closed doors at NXTL since last October and the L3 cancellation reinforced that notion. The ATI deal got NXTL's price off the basement floor and moved it halfway up the stairs to the first floor. When the price gets on the elevator and heads for the 50th floor on its way to the 75th floor we'll know that a deal is imminent. I should say "If it happens..."
Craig McCaw learned his lessons well from Clairol. Remember their slogan? "Only her hairdresser knows for sure." Ditto CM. And my guess is that hasn't changed because of ATI.

Arnie
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