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Technology Stocks : NEXTEL

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To: Roader who wrote (4875)2/26/1998 10:23:00 AM
From: Ken Benes   of 10227
 
The technicals was the easy part of predicting this move. Many times when you look at a chart you have to spend some time with it to detect the many nuances that may be inherent in that particular issue. In the nxtl case it was written in neon. Now the other imponderable, will the fundamentals support the technicals. I believe the answer is within weeks. Price and volume will be the indicators to watch, for they will portend the outcome of the fundamentals. The Chinese wall is the biggest myth in the markets, good news will always leak.

Ken
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