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

To: Rono who wrote (9487)	11/15/1999 8:40:00 PM
From: Rono	Respond to of 10227

November 15, 1999 Dow Jones Newswires Nextel Commun To Meet 2000 Fincl Views, CEO Says NEW YORK -- Nextel Communications Inc. (NXTL) Chief Executive Timothy Donahue said Monday his company will meet or exceed current Wall Street financial expectations for the fourth quarter and next year. "I feel very bullish about Nextel in terms of being able to grow (cash flow)," he said. The company expects domestic cash flow between $630 million and $650 million by the end of the year. "We will double that in 2000." Analysts surveyed by First Call/Thomson Financial expect Nextel to lose $1 a share for the fourth quarter and $2.74 a share for full-year 2000. Donahue, speaking at Warburg Dillon Read's Global Telecom Conference in Manhattan, said there would be an explosion of wireless phone usage in the U.S. Currently, wireless penetrates about 25% of the U.S. market. Analysts and industry observers expect that number to hit 64% in 2006. Donahue said Nextel's challenge is to keep its digital network ahead of demand. He also noted the company had the lowest churn rate of major wireless telephone providers and the highest average revenue per handset. He said the company began selling data-ready handset's earlier this year and will have 2 million such sets in its customers hands when data services become widely available. "That's $6, $7, $10, $15 per month for small, bursty packets of information, that is very efficient," Donahue said. "Look for a very strong 2000 from Nextel." Donahue also said an announcement is forthcoming on a second source for wireless handsets. Nextel currently purchases Motorola Inc. (MOT) handsets. -By Johnathan Burns; Dow Jones Newswires; 201-938-2020

To: Rono who wrote (9487)	11/15/1999 10:36:00 PM
From: lowbuy	Read Replies (1) \| Respond to of 10227

It has been amazing to watch the manipulation of the FCC procedings by Nextel's army of former FCC personnel and consultants over the years. It is more crucial now for Nextel than ever as they face critical capacity constraints with voice traffic in major markets; never mind data delivery. Nextel's focus on packet data is born out of necessity more than an advantage of speed. Packet data is all that will work on iden's tdma format and the clunky handoffs it unfortunately suffers in it's current incarnation. L-