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Technology Stocks : NEXTEL

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To: Ken Benes who wrote (4658)2/13/1998 6:40:00 PM
From: Al Gutkin   of 10227
 
Ken: I agree, I bought in at 26 1/8 expecting the pop today, sold later.

I learned one thing after watching Nextel, tick by tick, just like you, that Nextel has the propensity to gap down, over a point, at the open. I don't want to own it over a long weekend, especially when the quarter figures are to be released, due now. Maybe they got an extension? I don't know if the Monday holiday allows Tuesday as the deadline, but in any case something is going to happen.

I like radical change during the mid day, not at the close. At the close, there is not enough time to recover, if the change is negative.

Tuesday morning we watch like a hawk, right?

Al G., a hawk that wears glasses.
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