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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (40862)3/23/2004 9:58:27 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 70347
 
09:47 Bear Stearns comments on Wireless sector following Channel Checks

Firm thinks Nextel (NXTL 25.07 +0.57) has returned to a more normal run-rate after a hot 2003. Though the company continues to execute, firm believes the chances of an upside surprise in net adds is low. However, the co could see stronger than expected EBITDA due to lower gross adds and churn than our estimates... Bear Stearns believes Western Wireless (WWCA 23.37 +0.10) is having a decent domestic quarter, which should serve to lower investors' current roaming worries.