NEXTEL Message Board - Msg: 3520161

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Technology Stocks : NEXTEL

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To: Roader who wrote (4826)	2/24/1998 6:32:00 PM
From: Ken Benes	Read Replies (1) of 10227

Roader: We got the 3.5 million shares, but the 27.5 did not hold as the stock sold off at the close on relative moderate volume, most of which were on the buy side. Market makers are working this stock. Part of the move came from the Goldman Sachs recommendation, which underpins the imminent breakout that is very near. The numbers on the consumer confidence index released today supports the current level of economic activity which is a very favorable environment for nextel. Something is going to happen with this stock between now and the date of the earnings release(March 6, 1998). 26 - 28 is no mans land for Nextel, we are either going to 32+ or below 26. Everything I see indicates 32+. Ken

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