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Technology Stocks : Sprint Nextel Corporation (S) -- Ignore unavailable to you. Want to Upgrade?

To: Joseph Busch who wrote (106)	1/22/1999 8:23:00 PM
From: jim black	Respond to of 1691

Yeah! I bought some myself today at $30/s. Looking at tth coverage and the upcoming offering of $500million in new issue it's clear they'll be growing and competing in a hot sector. My longer term considerations relate to whom my biggest stock is going to buy for wireless, namely Worldcom. I don't know if it's going to have the appetite for Vodaphone-ATI. However, AT&T is clearly betting on a slow horse in TDMA cellular technology. Ultimately I think someone will buy FON and PCS with it. Too much a jumble for me to figure out about how FON might have to be carved up to pass with FTC. Who knows? Ever heard of the Negreponte switch? These wireless properties are going to be very important in 4-5 years(or earlier). Good luck, Jim Black (I made a bundle on ATI but VOD is a bit too rich for my blood with thier growth rate. I took my profits and ran. Into a smaller player with PCS now)

To: Joseph Busch who wrote (106)	1/22/1999 8:29:00 PM
From: Laguna	Respond to of 1691

That is a hard one to answer without knowing the reason for the run up and then drop today. I can find no concrete answer. Some theories from other boards are: Frightened internet investors are seeking safer pastures. Daytraders have discovered PCS. Investors are just now finding out the potential of the PCS market. Depending on the general market atmosphere, there is certainly the possibility that all stocks could face some type of correction but putting a dollar amount is almost impossible. I feel that PCS has the potential to be more successful than ATI based on product, performance and promise and am investing for the long term. If you look back at ATI, they hovered in the 20's and 30's for years never quite getting off the ground and then away they went. Sprint has been accomplishing their network buildout for the last two + years and seems to have a much more aggressive business plan. If you are looking to get into PCS to make a quick buck, probably not the stock for you. If you are looking to have a stable investment that should consistently grow, then I feel that PCS is about as good a place as any.