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


To: Paul Smith who wrote (8166)11/4/1998 8:27:00 AM
From: Tavros  Respond to of 10227
 
Paul,

I took out my crystal ball, early in the morning, dusted it off, but to no avail. Nobody really knows, what is going to happen in the future. Again, my view is that life goes on and will go on. Investors still have money to invest, and will continue to do so. From time to time, his process stops temporarily, or the price at which the process takes place changes (the interest rate), but it cannot disappear. That is, why, you need to have a bit of a cash buffer to sustain these periods.

tavros



To: Paul Smith who wrote (8166)11/4/1998 8:40:00 AM
From: Rob Prickett  Read Replies (1) | Respond to of 10227
 
Tavros,

Some of us here are not so sure what Nextel's and NextLink's cash needs are over the next year. For instance, Nextel claims it will use $1.2 - 1.4B to get through 1999. Does that include the NextBand and Internext ventures? Same questions could apply to NextLink.

Rob



To: Paul Smith who wrote (8166)11/4/1998 9:08:00 AM
From: nihil  Respond to of 10227
 
RE: Taking out a loan

I don't think anyone borrows money without plans to use it. If you're cash rich, like Intel or Cisco, you do shelf registrations or arrange lines of credit. Cisco pays only a tiny commitment fee (20 bp) for guaranteeing its ability to borrow a bundle which it never expects to need. Of course, with Nextel's debt it had better take cash when it can get it.