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

To: John F. Dowd who wrote (7962)	10/15/1998 2:21:00 PM
From: Anthony Wong	Read Replies (1) \| Respond to of 10227

Analyst comments in a Reuters news update on NXTL at 13:54: "The market is very subscriber-centric and was really focused on the 400,000 number," said Jeffrey Hines, a analyst who follows Nextel for BT Alex. Brown. "When the number came in below that, it left people scratching their heads," he said. Hines said he thought the initial drop in early trading, when shares fell as much as 22 percent, was "totally overdone" and a midday comeback was appropriate. "Overall it was a darn good quarter," he said. He noted that even though the new subscriber growth levels were weaker than Wall Street had expected, the company was still leading the U.S. industry in terms of new subscribers added. moneynet.com@NEWS-P1&Index=0&HeadlineURL=../News/NewsHeadlines.asp&DISABLE_FORM=&NAVSVC=News\Company