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


To: Ed Pittman who wrote (7610)9/5/1998 6:30:00 PM
From: Tavros  Read Replies (1) | Respond to of 10227
 
Ed,

Could not agree with you more (a change, since I have crossed swords with you in the past). Gold is another commodity at this point with inferior return (which is getting lower by the deflationary environment we are witnessing around the world - look what happened to the Australian currency and markets - a major gold producer - and the continuing selling on the part of the world's central banks - latest being Luxembourg with 25 tons!).

With regards to NXTL, I still think it represents a great value at this juncture. Whether it will go at $15 or not is immaterial and has nothing to do with NXTL but with the overall market. As you correctly pointed out, NXTL is in much better shape that it was 1 or 1-1/2 year ago (with more revenues, less EBITD negative cashflows, enough cash in the bank and a great product), yet it is selling for less.

The point hit home with me over the past week when I got one of the ne OMNIpoint PCS mobile phones (I changed jobs and my new company gave me one of the new PCS phones). Guess what! Phone quality is great but it works half of the time!!!even in NYC. Which brings me to the point. NXTL's expanded (and still expanding) coverage of the US territory (in additio to the DIRECT CONNECT feature) is a MAJOR ADVANTAGE that NXTL is only beginning to realize. Roaming agreements etc. are all fine but are expensive and do not allow you to utilize all the features that PCS offers. So, if NTXL plays its game right, watch the space!!!

My 5 cents

Tavros



To: Ed Pittman who wrote (7610)9/5/1998 6:50:00 PM
From: Mark McLeod  Read Replies (1) | Respond to of 10227
 
Ed, the only metal to be in is palladium. Only one domestic company mines and processes pd, and that is Stillwater Mining Company(SWC). Take a look at its chart. This is one of my favorite stocks and something I know a little about.

Mark