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To: Al Gutkin who wrote (4819)2/24/1998 7:19:00 AM
From: Erik H. East   of 10227
 
CNBC is reporting this morning a WSJ article about serious problems with MOT's cellular systems products. Anyone have insight on how NXTL could be affected, if any?

Nothing on the MOT thread yet! I don't short stocks as a rule but MOT looks like a third rail to me.

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To: Erik H. East who wrote (4820)2/24/1998 8:26:00 AM
From: Ben Wood   of 10227
 
Erik .....looks like Motorola may have more manufacturing capacity available for Nextel .......

NEW YORK, Feb 24 (Reuters) - Motorola Inc (MOT - news) is struggling to correct defects that are crippling its
expansion into new wireless systems and have already led one major customer to cancel its order, the Wall
Street Journal said Tuesday in its electronic edition.

Citing executives close to the company, the Journal said Personal Communications L.P. has cancelled its $500
million contract and will replace almost all its Motorola gear with equipment and software from rival supplier
Lucent Technologies Inc (LU - news).

Personal Communications -- the wireless-phone service owned by Bell Atlantic Corp (BEL - news), US West
Inc and AirTouch Communications Inc (ATI - news) -- could announce the decision as early as next week, the
newspaper said.

The defects Motorola is struggling with are in its cellular-network equipment and software, the Journal said.

The newspaper said the fallout of Motorola's setback with PrimeCo could be huge, since it has $3.5 billion in
orders to supply two carriers in the Japanese market with the same kind of gear as PrimeCo was getting.

Sprint Corp (FON - news) is also scheduled to receive a giant shipment of equipment and software from
Motorola that has been valued at between $700 million and $1.4 billion, the Journal said.

A Motorola spokesman declined to comment specifically on the impending PrimeCo cutoff or to address
Motorola's problems with equipment and software, the Journal said.

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To: Ben Wood who wrote (4821)2/24/1998 8:50:00 AM
From: Mike V.   of 10227
 
Soros Fund Management also bought 2 million shares in Dow Jones & Co.
(DJ); 3.5 million shares in Freddie Mac (FRE); 1.3 million shares in
Lucent Technologies Inc. (LU); 455,000 shares in Walt Disney Co.
(DIS);and 255,000 shares in Time Warner Inc. (TWX). It purchased
1,585,000 shares in Nextel Communications Inc. (NXTL); 750,000 shares in
Telecomunicacoes Brasileiras S.A.; 370,000 shares in Telefonos de Mexico
S.A. (TMX) and 382,200 shares in WorldCom Inc. (WCOM).

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To: Ben Wood who wrote (4821)2/24/1998 8:50:00 AM
From: Ben Wood   of 10227
 
WSJ article cites CDMA problems not TDMA......Bid 27 on InterQuote screen at 8:45A.M....I'll shut up before I loose my Lurkers status........Ben

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To: Ben Wood who wrote (4823)2/24/1998 9:54:00 AM
From: Arnie Doolittle   of 10227
 
Sorry, Ben, it's too late. You've already lost your lurker status. From now on you're a lurkette. :-)

Arnie

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To: Al Gutkin who wrote (4819)2/24/1998 10:10:00 AM
From: Arnie Doolittle   of 10227
 
Big Al, the broker's pal:
I wish I had the Big Al account. Forget new clients, just call Big Al and tell him that NXTL is going against him. Need to make the house payment? Call Big Al once a week. Need a vacation? Call Big Al twice a week. Need a new car? Call Big Al hourly, reminding him that the sky is falling one hour and it's been miraculously restored the next hour. As Big Al's broker, I'd have to hire two new folks to handle all the back room paperwork but it will be worth it. I think I'll call my new brokerage business Next-Tip. Shucks, I think I'll even throw in a free I600 for Big Al's use so he won't miss an opportunity to trade. He'll probably increase NXTL's arpu by $2 with all his calls to Next-Tip. Big Al, my wife will thank you, my kids will thank you, my kids' university will thank you and I will thank you.

Arnie, the trader's pal :-))

P.S. Sell Nextel before 11 a.m. this morning as I heard a rumor that the stock will head down at that point. Rebuy at 11:16 a.m. as I see a technical rebound that will last about 45 minutes. From there, may I suggest the options, particularly spreads, straddles and naked puts. Buy 'em, sell 'em, heck, I don't care, just do something.

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To: Arnie Doolittle who wrote (4825)2/24/1998 11:32:00 AM
From: Roader   of 10227
 
Need to follow through today and sustain 27 1/2 on 3.5M+ shares.

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To: John F. Dowd who wrote (4766)2/24/1998 11:42:00 AM
From: John F. Dowd   of 10227
 
To All:
What impact will this have if any on NXTL? I know it is a different technology but had this been casting a shadow over NXTL as well?

Motorola loses $500 mln contract - WSJ

NEW YORK, Feb 24 (Reuters) - Motorola Inc is struggling to
correct defects that are crippling its expansion into new
wireless systems and have already led one major customer to
cancel its order, the Wall Street Journal said Tuesday in its
electronic edition.
Citing executives close to the company, the Journal said
Personal Communications L.P. has canceled its $500 million
contract and will replace almost all its Motorola gear with
equipment and software from rival supplier Lucent Technologies
Inc .
Personal Communications -- the wireless-phone service owned
by Bell Atlantic Corp , US West Inc and AirTouch
Communications Inc -- could announce the decision as
early as next week, the newspaper said.
The defects Motorola is struggling with are in its
cellular-network equipment and software, the Journal said.
The newspaper said the fallout of Motorola's setback with
PrimeCo could be huge, since it has $3.5 billion in orders to
supply two carriers in the Japanese market with the same kind
of gear as PrimeCo was getting.
Sprint Corp is also scheduled to receive a giant
shipment of equipment and software from Motorola that has been
valued at between $700 million and $1.4 billion, the Journal
said.
A Motorola spokesman declined to comment specifically on
the impending PrimeCo cutoff or to address Motorola's problems
with equipment and software, the Journal said.

Regards

Long John

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To: John F. Dowd who wrote (4827)2/24/1998 12:27:00 PM
From: Roader   of 10227
 
May have already been mentioned: NXTL added to Goldman Sachs recommended for purchase list with $33-$35 near term target.

Roader

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To: Al Gutkin who wrote (4819)2/24/1998 1:07:00 PM
From: fma   of 10227
 
Al - I'm smelling better, and so's NXTL. My prediction, gut level, anecdotal, totally non-scientific, and not to be relied upon by others, is NXTL to 30 by Monday or Tuesday next week. Unless the Freeus effect hits, so Freeus, sit on your DELL and do not, repeat do not, buy NXTL the remainder of this week. Nice to hear from you again Bubba. Time to put my thinking cap on too, your posts gyrate my synapses. FMA

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