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


To: im a survivor who wrote (10147)5/30/2003 10:19:05 AM
From: Rono  Read Replies (1) | Respond to of 10227
 
I hear you. Even if the PTT threat turns out bogus, the headline risk will push price down. I've been buying calls on dips and holding through earnings report, which BTW, by have surprised to the upside an average of 100% for the past 4 quarters. Also, Nextel isn't just walkie talkies, their 2 million data customers average $90 ARPU.



To: im a survivor who wrote (10147)6/11/2003 9:51:19 AM
From: JakeStraw  Read Replies (2) | Respond to of 10227
 
Nextel upped to Strong Buy from Outperform at SG Cowen : Firm believes that additional debt and preferred retirements and a potential refinancing point to EPS upside of up to 23 cents to firm's 2004 est of $1.18. SG Cowen expects positive financial results to prevail over negative news flow. Notes that NXTL currently trades at only 15x this yr's $0.98 est. Firm's discounted cash flow value on the name is $21.