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Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?

To: thebeach who wrote (9251)	7/7/1999 2:06:00 AM
From: thebeach	Read Replies (1) \| Respond to of 10227

SAN DIEGO (Reuters) - Sony Digital Telecommunications of America, an affiliate of Sony Corp., said Tuesday it will discontinue its North American wireless phone business and lay off 200 employees at its San Diego center. The company, which employs 3,500 people at its Sony Technology Center in San Diego and 25,000 staff throughout North America, expects to complete the pull out by the end of September. "Wireless technology is indispensable for Sony to create a new IT-telecommunications world in the digital network era," Katsumi Ihara, president of Sony's global Digital Telecommunications Co. in Tokyo, said in a statement. "Sony will continue with its efforts to develop new products and technologies in this area, while supporting and reinforcing our current wireless business in Asia, Oceania and Europe." Sony also said it planned to continue its U.S.-based wireless telecommunications research activities in San Diego.

To: thebeach who wrote (9251)	7/7/1999 4:37:00 PM
From: jimmyo	Read Replies (1) \| Respond to of 10227

I LOVE the BEACH! hey beach hows it going for you? Well I've been in Nextel since 12 and change, in and out a few times, I guess a little early at that. The move now seems straight up,depending on the market it's self no doubt NEXTEL is a power play for sure. A few guy's you should read are Arnie,Al,Bernie, Kevin and Richard2000 they've been around and know thier stuff! Nextel by this time next year $75 plus and that could be very low....it's the market you have to watch, N is heaviely financed. jimmyo..no beach today...just the pool!