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Technology Stocks : NEXTLINK Communications, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: quidditch who wrote (185)7/30/1999 11:06:00 AM
From: Cosmo Daisey  Respond to of 265
 
Steve,
I messed up also. I didn't get order confirmation in a timely manner so I thought I had hit the cancel button instead of enter order. I re entered the order and got both confirms at the same time so I have twice the position I was looking for. I am not that unhappy about it.
The stock is splitting 2/1 at the end of Aug. which may have some effect and there is a rumor that Microsoft is looking to take an equity position in a wireless provider to offer cellular internet connections. Wireless ISP is probably the next generation and as the wireless prices come down it makes sense. Many people (about 27%) don't have a wired phone at home, prefering instead to have one phone number that they take with them wherever they go. NXLK is establishing a nation wide cellular/fibre system that would be a good fit for MSFT. This is just speculation on my part but MSFT has announced their intentions to look at wireless IPS.
cdaiseyPhD@research.com



To: quidditch who wrote (185)7/30/1999 11:09:00 AM
From: SecularBull  Read Replies (1) | Respond to of 265
 
The stock split, and one should not forget that NXLK owns the rights to ~25% of LVLT's fiber optic network. I think that a double from here within the next year is very likely, although I wouldn't be surprised to see a pullback in the near term.

I don't think this is (unknown) news driven, because the volume isn't all that high. I just think that there is too much demand for too little supply (in terms of the stock).

Regards,

LoD