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

To: John F. Dowd who wrote (7938)	10/15/1998 10:34:00 AM
From: Roader	Read Replies (1) \| Respond to of 10227

If you go back to late '97 and even early '98, NXTL was suppose to be Free Cash Flow positive by 3Q not Operating Cash Flow positive. They tried to fool the market and failed. Roader

To: John F. Dowd who wrote (7938)	10/15/1998 11:31:00 AM
From: Bernie Diamond	Read Replies (1) \| Respond to of 10227

John: An hour later shows you're right on target. The panic stop loss orders have by now been executed by those wonderful MM's, and N now selling at the HIGH for the day. (How about that for a positive spin.) <VBG> BerniE NEXTEL x,xxx

To: John F. Dowd who wrote (7938)	10/15/1998 11:42:00 AM
From: Anthony Wong	Read Replies (1) \| Respond to of 10227

Nextel Communications Reiterated 'Strong Buy' at Prudential Bloomberg News October 15, 1998, 10:53 a.m. ET Princeton, New Jersey, Oct. 15 (Bloomberg Data) -- Nextel Communications Inc. (NXTL US) was reiterated ''strong buy'' by analyst Christopher M. Larsen at Prudential Securities. The 12-month target price is $34.00 per share. -- Andrew Bekoff in Princeton, New Jersey, (609)279-3652

To: John F. Dowd who wrote (7938)	10/15/1998 11:43:00 AM
From: Anthony Wong	Read Replies (1) \| Respond to of 10227

Nextel Communications Inc. Reiterated 'Buy' at Gerard Klauer Bloomberg News October 15, 1998, 11:15 a.m. ET Princeton, New Jersey, Oct. 15 (Bloomberg Data) -- Nextel Communications Inc. (NXTL US) was reiterated ''buy'' by analyst Charles A. Disanza at Gerard Klauer Mattison & Co. The 12-month target price is $45.00 per share. -- Colleen Sferra in Princeton, New Jersey, (609)279-3843

To: John F. Dowd who wrote (7938)	10/15/1998 11:48:00 AM
From: Anthony Wong	Respond to of 10227

Nextel's 3rd-Quarter Loss Widens as Expenses Climb (Update2) Bloomberg News October 15, 1998, 10:44 a.m. ET Nextel's 3rd-Quarter Loss Widens as Expenses Climb (Update2) (Adds analyst comment, share activity.) McLean, Virginia, Oct. 15 (Bloomberg) -- Nextel Communications Inc. said its third-quarter loss widened as expenses to expand its wireless-phone network rose and the company added fewer customers than expected. The loss widened to $442 million, or $1.56 a share, from $319 million, or $1.26, a year ago. Results include preferred dividends of $40.1 million, or 14 cents a share, and a charge of $46.9 million, or 17 cents, for interest-rate hedging activities. Nextel shares fell 2 9/16 to 17 1/8 in mid-morning trading. The company said some customers delayed orders in August to await a phone introduced in September. In the third quarter, Nextel added 375,300 subscribers, below the 380,000-to-420,000 range of analysts, and less than the 400,000 gained in the second quarter. The stock's fall ''shows investors are subscriber-centric,'' said Jeffrey Hines, an BT Alex. Brown Inc. analyst who rates Nextel ''strong buy.'' Nextel Chairman and Chief Executive Daniel Akerson said the company expects to add 350,000 to 375,000 new customers in the fourth quarter. That ''would be a strong quarter for us in the fourth,'' Akerson said in a conference call. Nextel, based in McLean, Virginia, said it now has 2.42 million customers on its digital-wireless network and has added 1.47 million in the past 12 months. Third-quarter revenue more than doubled to $506.6 million from $207.2 million a year earlier. Expenses rose to $750.6 million from $463.2 million. Nextel said its loss before interest, taxes, depreciation and amortization -- a key measure of performance for debt-laden wireless companies -- narrowed to $39.5 million. In the U.S., the company had EBITDA of $7.17 million. The company didn't provide comparable numbers. Akerson said cash flow in 1999 could rise to $600 million to $800 million. The average revenue per digital customer was about $70, up from $69 in the second quarter. Nextel said its network is available in 91 of the top 100 U.S. markets. --Colleen McElroy (609) 279-4069 and Andrew Brooks (609) 279-4055