SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NEXTEL
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ed Pittman who wrote (6070)5/11/1998 8:16:00 PM
From: Ken Benes   of 10227
 
Ed:

I have looked at the nextel chart pretty carefully and do not see the remaining gap that needs to be filled. At this point with all levels of support history, a historical gap of the past is as good a spot as any to look for support.
Good call on the island top, which has turned into an island top and bottom. The current situation is reminding me a bit of the action two years ago. The stock moved smartly up to 24 and clearly was not supported by required fundamentals for those levels and the stock fell back to its prior trading range. This year a new high was made and in quite the same manner, the bottom fell out. I believe there is a good possibility that we may have to wait again for the stock to regather while the company continues the buildout and demonstrates that the competition is not going to effect there business plan.

Ken
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News