SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
SEC File Number 811-07341
CUSIP Number 65332Y 10 7
NOTIFICATION OF LATE FILING
(Check One):
[ ] Form 10-K and Form 10-KSB [ ] Form 20-FK
[ ] Form 11-K [ ] Form 10-Q and Form 10-QSB
[ X ] Form N-SAR
For Period Ended: December 31, 1998
[ ] _____ Transition Report on Form 10-K
[ ] _____ Transition Report on Form 20-F
[ ] _____ Transition Report on Form 11-K
[ ] _____ Transition Report on Form 10-Q
[ ] _____ Transition Report on Form N-SAR
For the Transition Period Ended:____________________________
READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR
TYPE.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification
relates:________________________
<PAGE>
PART I.-REGISTRANT INFORMATION
Full Name of Registrant (Former Name if Applicable)
Nextel STRYPES Trust
Address of Principal Executive Office (Street and Number)
c/o Puglisi & Associates
850 Library Avenue, Suite 204
Newark, Delaware 19715
PART II.-RULE 12b-25 (b) and (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)
X
___ (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
X
___ (b) The subject annual report, semi-annual report, transition report on
Form 10-K, 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
before the 15th calendar day following the prescribed due date; or the subject
quarterly report or transition report on Form 10-Q, or portion thereof will be
filed on or before the fifth calendar day following the prescribed due date;
and
___ (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
PART III.-NARRATIVE
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F, 10-Q,
N-SAR or the transition report portion thereof could not be filed within the
prescribed time period. (Attach extra sheets if needed.)
McGladry & Pullen LLP, the Trust's accountants, have not finalized the
Trust's financial statements for the year ended December 31, 1998. A
representative of The Bank of New York, the Trust's Administrator, indicated
that the Trust's financial statements will be provided to Deloitte & Touche
LLP, the Trust's independent auditors, on or about February 26, 1999.
PART IV.-OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Robert J. Borzone, Jr., Esq. (212) 839-5394
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(Name) (Area code) (Telephone number)
(2) Have all other periodic reports required under Section 13 or 15(d) of
the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If answer is no,
identify report(s).
X
__ Yes __ No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report or
portion thereof?
X
__ Yes __ No
If so, attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the r
asons why a reasonable
estimate of the results cannot be made.
Nextel STRYPES Trust (Name of registrant as specified in charter) has
caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: February 25, 1999
By: Donald J. Puglisi
Managing Trustee
