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Technology Stocks : NEXTEL

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To: Arnie Doolittle who wrote (5161)3/16/1998 11:16:00 AM
From: Kevin F. Spalding  Read Replies (2) of 10227
 
Arine,

Just bought my Mom and Dad 400 shares of NXTL at 29 1/2. A year ago their investment horizon was CD's and T-Bills. Since I've been managing their nestegg, Mom has really come a long way (Dad is in a nursing home and not competent). She told me a bit over a week ago that she wanted to take some of her last CD and instead of rolling it into Vanguard fixed income mutual funds, she wanted to buy some of that "Bill Gates' outfit." I convinced MSFT is overpriced and as long as you want a long term growth stock, let's go with Nextel.

Kevin
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