Replies to post #334912 on Zeev's Turnips Patch-No Politics (ZEEV)

[phill]

Zeev, re: NXTP, my reading indicates:

"Any prospective acquirer of Nextel [Communications] would be obligated to merge with or acquire Nextel Partners," wrote Kenneth Leon, an analyst at Standard & Poor's, in an article in BusinessWeek last year."
http://www.rednova.com/news/display/?id=110878

Thus, a NXTP play is likely a bet on the buyout value of the shares. FON is notoriously chronically short of cash, so I don't expect the NXTP partners to get a windfall, even if they do include Gates/McCaw/MOT, etc. More likely, they get shares and dilution, no?

regards,

phill