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

To: im a survivor who wrote (10026)10/29/2002 8:55:54 AM
From: JakeStraw  Read Replies (2) | Respond to of 10227
 
KG4, As we know, high valuation can just be precursor to disaster if high expectations are not continually met. I agree that Nextel seems to have carved a nice niche, but hasn't anyone learned not to chase stocks??



To: im a survivor who wrote (10026)10/29/2002 9:25:49 AM
From: Rono  Read Replies (2) | Respond to of 10227
 
According to your logic, then all stocks currently with negative earnings should be valued at zero!

The market is speculating Nextel will dramatically increase EPS over the next few years, and I agree.

You can either wait for EPS of $1 and pay $20-30 per share, or assume some risk and buy at a much lower price.

That's what makes it a market!

Ron


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