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


To: Softechie who wrote (9765)9/5/2001 4:09:54 PM
From: Larry Brew  Read Replies (1) | Respond to of 10227
 
Softechie, I know of no problems. I do know commercial
construction relys heavily on the service to maintain real
time communication with employees in the field. NXTL is not a consumer initiative service, but an industry leader in their field. I've used the service and notice other telecom services continually highlight what is a catch up game already in place with NXTL. Listening to CNBC it is clear that CNBC has no understanding of NXTL's place in the market. I like NXTL's recent alliances with XOXO. CNBC puts
them in a category with SBC, VZ,WCOM, etc. They even lump Semis with semi equipment when showing stock movement. Also lumping telecoms into a single category. I say hang tough
and suck up short term profits.
Larry



To: Softechie who wrote (9765)9/5/2001 6:10:52 PM
From: Rono  Read Replies (2) | Respond to of 10227
 
The problem with Nextel is they borrowed and spent $9 billion to build an all digital, always on network which will connect their existing 8 million domestic customers in the top 200 U.S. markets at 56K by the end of this year, allowing them to generate $7 billion revenue in 2001, and nobody cares. How's that for a run on sentence?

All that matters now is debt, uncertainty related to 3G upgrades, a telecom sector in the dumper, and a bleak macro economic environment. Until these issuers are cleared, I don't expect much appreciation in the stock price, however I think we're at or near the opposite pendulum where these "nobody's" valued Nextel at $90 billion dollars just 18 months ago.

Interesting times.

Ron