Strong Signals On A Cellular Play

In 1990, when cellular-phone stocks were hot, even the shares of companies only faintly related to the new technology skyrocketed. Nationwide Cellular Service, then a tiny entry with no earnings in sight, raced as high as 14 a share from 2. NCS is now a major reseller of cellular-telephone services and equipment, with revenues that are expected to hit $115 million in 1992. Yet its stock is stuck at 5 simply because the craze for cellular stocks has cooled.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.