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Technology Stocks : NEXTEL
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To: Ken Benes who wrote (8618)1/15/1999 12:46:00 AM
From: Arnie Doolittle  Read Replies (1) of 10227
 
"CM can make a huge profit selling Nextel and use those funds for the development of his fibre optic network."

Bingo! That's exactly what I think is happening. But is he selling the whole enchilada or just a slice of pizza?

As far as Brazil is concerned, NXTL's slow start there minimizes the impact on the balance sheet. The bigger impact is that NI's ipo keeps getting put off further into the future because it cannot stand on its own in the midst of so much uncertainty. Mexico is the next domino to fall imho.

Arnie
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