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

To: im a survivor who wrote (10039)	10/29/2002 10:58:57 AM
From: JakeStraw	Read Replies (1) \| Respond to of 10227

KG4, I think we also need to touch on the possibility of a price war between all the carriers...

To: im a survivor who wrote (10039)	10/29/2002 11:23:39 AM
From: Rono	Read Replies (2) \| Respond to of 10227

KG, If Nextel continues to add 400,000 to 500,000 customers per quarter over the next 18 months while maintaining current metrics, they will earn at least $1 EPS and justify a price of at least $20. Certainly there are factors that could prevent this from happening, that's the risk. Or, business could continue as its current rate or even exceed expectations and the stock reaches higher levels; the reward. I'm willing to accept the risk while monitoring ongoing progress over this period. If growth slows or metrics change for the worse I'll sell, if not I'll hold waiting for at least $20 a share. Obviously I believe the reward is worth the risk.