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

To: Rono who wrote (10073)11/21/2002 6:23:33 PM
From: Arnie Doolittle  Respond to of 10227
 
Ron, I think the stock could go to as high as 30, assuming the earnings continue to grow at 4 cents per quarter which seems doable. As long as the adds are there and ARPU remains 70ish, therre's no reason NXTL can't earn a buck or more next year. Given the rapid bottom line growth, if the market has bottomed I have no problem putting a 30 PE on NXTL.

Arnie


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