NEXTEL Message Board - Msg: 5892043

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Technology Stocks : NEXTEL

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To: Silicon Trader who wrote (7804)	10/1/1998 10:04:00 PM
From: Ed Pittman	Read Replies (1) of 10227

MR> BIG.... I share your feelings...I talked to one fellow on this tread, and where Nextel was at 31 said i thought it could go to 15 monthly support..The other person, said the only way would be threw a market correction... Well here we are in a massive correction with plenty more left on the down side. As I'm sure many of us agree that management is first rate...putting this company together is a feat in its own. Fighting against such giants as AT&T and the baby bells will be hard. It is my belief, that the people that drove this stock up are out of it..It showed this when it hit 34 and at 31...with the shares traded... So, now the market has this stock in its hands, and the market looks sick at best. I'm looking for a large volume day to get interested again. Watch out for the 16th of this month..It should have a change in trend on that day...i'm also looking for 3 of 3 to start in that time frame, for the market.. Not bearish on Nextel, just bearish on the market as a whole. better days coming in Nov.-Dec... Good luck, Ed

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