Subject: [NEXTEL-1] CSFB downgrades Nextel -Concerned About DOJ's Probe

From: Marcelrf <[email-masked]>
Date: Thu, 26 Feb 2004 08:20:08 -0500

www.Briefing.com In Play:

 07:34 NXTL downgraded at CSFB (26.42 ) 

CSFB downgrades Nextel to Neutral from Outperform based on valuation, but raises
their target to $29 from $27; also, while they believe that the co's operations are
fundamentally intact, they are concerned about increased competition to its
Push-to-Talk over the medium-term, especially in light of the DOJ's request for
information on P.T.T.