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Technology Stocks : Nucentrix Broadband (OTC: BB NCNX) -- Ignore unavailable to you. Want to Upgrade?


To: Ken Turetzky who wrote (12)8/13/1999 4:32:00 PM
From: Zorro  Respond to of 14
 
Ken,

The value of MMDS as a last mile solution was affirmed by the recent acquisitions by Sprint and MCI. Despite current spectrum valuations, I would not risk any money with NCNX at this time. I would certainly wait after the secondary offering, allow the company to bleed a little, and then look for buying opportunities below $10. As far as any present buying opportunities in MMDS, all bets are with either FON or WCOM.

(Also, I would not sell NCNX short given the possibility of a Sprint/MCI buyout.)

Good luck,

Z