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

To: fma who wrote (5287)	3/24/1998 4:55:00 PM
From: Rono	Respond to of 10227

fma, here's my 2 cents, IMHO Nextel must start "showing us the money" to push the price past $40/share. I recall reading the Nextel honcho's predicting operating cash flow positive in 2nd quarter of this year. If this occurs as predicted, watch it shoot to 50. If not it could linger in the upper 30's to lower 40's (later this year), until this plateau is achieved. Recently, a few analysts have commented that they expect operating cash flow positive by 3rd or even as late as the 4th quarter this year. Hopefully this issue will be addressed at the annual meeting in May. The wildcard could be the LMDS auction, which Nextband has been successful (to date), in obtaining very cheap spectrum. BTW, congrats on your TAVA, I bailed at 8 1/2....woulda, coulda, shoulda LOL Best regards, Ron