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Technology Stocks : NEXTEL
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To: Arnie Doolittle who wrote (6282)5/22/1998 2:37:00 PM
From: P.T.Burnem   of 10227
 
I think that NASDAQ MM's have contributed to the speed of the decline. Clearly there have been sellers but I'll bet the MM's are on the short side pushing it down.

It's a conspiracy, man!

I don't think so. NXTL is going down for a reason, and it will keep sliding until the reason becomes news. At that time, the stock will either plunge, or make a bottom, or both.

Adventurous types - the kind who enjoy catching a falling knife - might want to nibble at the old support level of $22 in hope that it holds.

PTB
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