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

To: Al Gutkin who wrote (6383)	5/27/1998 9:18:00 PM
From: Clairmont	Read Replies (1) \| Respond to of 10227

I've tried to find my way back to original registration, sent e-mail to webmistress. Nothing Will try again tomorrow SDBOB

To: Al Gutkin who wrote (6383)	5/27/1998 11:26:00 PM
From: Clairmont	Read Replies (1) \| Respond to of 10227

Rukeyser"s Wall Street Quotes "digital-wireless technologies, will grow from about $1billion in revenue in the US in 1997 (with fewer than five million subscribers) to more than 14 billion in revenue by the year 2000(with more than 24 million subscribers)" (June 1998) "the strongest wireless players will have ubiquitous multi-functional service, a recognizable brand name, a national footprint and strong customer support" "Levi considers Nextel a 'unique strategic player that has successfully differentiated itself from other wireless players through its ability to leverage its early entry into digital technology and market to a broadening niche of mobile business users'" Nextel is the dominant ESMR (enhanced specialized mobile radio) operator in the U.S.,and its technology supports the added feature of digital conferencing, which works like a walkie-talkie, connecting multiple users via handsets. Levi says Nextels current initiatives include targeting high-end business users who travel extensively, and filling gaps in its coverage area. During 1997 ,Nextel increased its subscriber base by 323%, adding 970,400 subscribers. And in the first quarter 1998, the company added another 370,800 subs" Nextel also increased its average monthly revenue per subscribers by 12% over first-quarter 1997, and the company's first quarter revenue of 327 million represents a 197% increase over the same period last year. While Nextel has yet to turn a profit, Levi expects it to become free-cash-flow positive in fiscal 2000. Levi says that as a national wireless network, Nextel could be "a valuable strategic asset for a long-distance company based in the U.S. or abroad. A merger with a long distance carrier could be credit enhancing [because the acquirer would be responsible for the debt] Levi says there will be a shakeout within the next few years as the digital-service providers cut prices to gain customers, but Nextel will survive because it has an experienced management team,valuable assets and a viable business plan." 1998 1999 2000 EBITDA -$227.7 $388.4 $831.7 Free cash -1097.2 -321 5.9 flow Most of this is old news but its nice to see it has some Wall Street attention. The possibility of a buy out is raised again. regards SDBOB