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

To: Rono who wrote (7642)	9/13/1998 1:26:00 AM
From: chuber	Read Replies (2) \| Respond to of 10227

Just wanted to recap some points from JP Morgan conference on 9-10-98: 1)Co had plans of IPO for Nextel Intl as early as 4th qtr 1998; however, due to market conditions this has been temporarily scrapped. Moreover, acquisition strategy in Latin America has also been set aside temporarily for the next 6-12 months. In addition, company has sufficient funds to operate into early 1999. 2)Nextel has enough capital to fund operations through the first half of 1999. Three options to increase liquidity: 1)Strategic partner(preferred option) 2)Increase equipment financing agreement with Motorola 3)Sell towers(intends to close on tower sale by end of year)