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To: Uncle Frank who wrote (47529)10/5/2001 1:22:52 PM
From: Wyätt Gwyön  Read Replies (3) | Respond to of 54805
 
I don't find that terribly surprising considering that they're already carrying $17B in debt to support a $7B/year business that's losing almost $1B/yr

the thing is, Nextel's financial condition was widely known even before the 1x demos started--this goes back years, so i hardly think it is the proximate cause for their rejection of QCOM technology. they did the trials and so on, and then opted to stick with iDEN.



To: Uncle Frank who wrote (47529)10/5/2001 1:30:03 PM
From: stockman_scott  Respond to of 54805
 
More on the Nextel decision...

siliconinvestor.com

<<...Jon Atkin, an analyst with Dain Rauscher Wessels, says Nextel's decision enhances both its liquidity and its acquisition appeal. Had Nextel moved to CDMA, it would have been much less appealing to other wireless carriers that did not use that network....>>