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

To: Bux who wrote (9324)	9/6/1999 3:35:00 PM
From: Rono	Read Replies (2) \| Respond to of 10227

I have no idea why Paine Webber chose to report cash flow as EPS. As far as Nextel turning a profit, that's not in doubt. Provided no major acquisitions or significant changes in their business plan, I think a profitable 4th quarter in '00 is a strong possibility. Considering they built their network from the ground up and had only a handful of customers in early '97 that's quite an accomplishment and speaks volumes for their business plan and managements fortitude. Expect 4.5 million iDEN domestic subs by the end of this year. You seem to suggest Nextel is overvalued at current share price while concurrently admitting limited knowledge of the company. Are you aware of the significant market cap differences between Nextel and Sprint (PCS), the only other pure wireless issue? Do you think PCS is overvalued as well? No doubt Nextel will have many issues and challenges going forward, capacity and spectrum no exception. But there is no better general than Craig McCaw when preparing for battle in the high stakes wireless wars. His roots within the FCC are wide and deep, including one of the original founders of Nextel. From the McCaw cellular days in the early eighties to more recent spectrum allocations for Teledesic his team has earned a reputation for acquiring low cost spectrum, a crucial component for success in the wireless business. Whatever Nextel needs to compete in the wireless landscape, rest assured, they'll get it. Thanks for your contributions. Ron

To: Bux who wrote (9324)	9/22/1999 11:36:00 PM
From: Bux	Read Replies (2) \| Respond to of 10227

That is an interesting way to report cash flow per share. I always assumed EPS meant earnings per share. Are you able to explain why Paine Webber is using EPS to refer to cash flow per share? I am still baffled. Upon pondering this a few days and watching Nextel I can only assume (in the absence of a reasonable explanation of my original question) that Paine-Webber and/or large privileged client(s) are selling large positions in Nextel and Paine Webber has erroneously represented the cash flow per share as E.P.S. to support the share price temporarily. If you don't think that press release would have positive impacts on share price that's fine. Personally, I think it would. However, I don't know how to check Paine Webbers and/or large clients history (if this is even possible). No need to flame me. I am only raising the possibility because I have not found any other answer that makes any sense at all. I am interested in others theories to the baffling press release and/or methods to check the accuracy of my assumptions. Let's try to keep it civil boys and girls! This is all in the name of making sense of the tools and info we have to make our decisions with. It's not small investor vs. small investor. Bux