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

To: Al Gutkin who wrote (4931)	3/2/1998 10:07:00 AM
From: Arnie Doolittle	Respond to of 10227

"How do you think the original shareholders feel?" They felt great. Still do. Why? Because they read everything filed on EDGAR and understood what was going on. The ones who didn't were ticked off. Arnie

To: Al Gutkin who wrote (4931)	3/2/1998 12:44:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 10227

Dear Al: I own MSFT and INTC at 14 and 9 respectively. Both have no debt but both are in industries that have a low tolerance for debt and which, if they are successful and because of the inherent margins, very seldom require external capital.Nextel on the other hand needed the cash to expand and did not want to further dilute the equity so they borrowed. Now when you talk about using the NXTL credit to invest in ventures outside the company then we have a real problem. This is an altogether different complaint. Can you document the leakage of billions or even some funds? As an accountant you would see the very dire consequences of such malfeasance. Regards, John