Nextel ( NXTL) said Tuesday it expects to meet targets of $3.1 billion in operating cash flow and 1.9 million net subscriber additions in 2002, despite what it characterized as a "competitive" business environment. Analysts surveyed by First Call are currently expecting the company to lose 13 cents a share on revenue of $8.74 billion for the full year. The forecast comes about two weeks after a Nextel executive said the company hoped to produce free cash in 2004 and might take a pass on the huge investments required for so-called 3G wireless technology, instead moving straight to the fourth generation. The company predicted on Tuesday that 2002 capital expenditures will be less than $1.9 billion. The shares closed Monday at $12.82, up 75 cents or about 6%.