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


To: Ken Benes who wrote (8079)10/26/1998 11:00:00 AM
From: John F. Dowd  Read Replies (3) | Respond to of 10227
 
To ken and ALL: Picked this post up on the Yahoo CIEN board:Any truth to this fact that they laid off their contractors or is this being done in conjunction with sale of towers. Disregard the crap about off 3rd qrtr. estimates. But I am concerned that ALL construction halted. Any comments?

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Message 18464 of 18749
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Attn ALL CIEN Shorters: Good PLAY
for you.
MIAMI_TECH
(25/M)
Oct 23 1998 12:49PM EDT

ATTENTION:
All shorters...
NEWS FLASH!!!!
NEXTEL
Symbol NXTL
A wireless, nationwide telecommunications company.
Today laid off all sub-contractors nationwide.
All construction has been halted.
3rd qtr. Estimates were substantially off.
CHECK IT OUT FOR YOURSELF!!!!
READ THE MESSAGE BOARDS!!!
CHECK THE CHARTS!!!!
IT IS GOING TO 10!!!!!
PUT OPTIONS ARE CHEAP
NOV 17.5'S ARE 1/2
CURRENT PRICE IS 20 1/16 FLAT, LITE VOLUME.
NO ONE KNOWS YET!!!!
GET ON FOR A QUICK RIDE!!!!



To: Ken Benes who wrote (8079)10/26/1998 10:41:00 PM
From: HVN  Respond to of 10227
 
Cash flow problems from what I hear - apparently, they only have cash for 3 more months of operation. After that, they'll have to go to the market to get more - how will that bode for us shareholders?