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Technology Stocks : NEXTLINK Communications, Inc.

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To: John W. Herron who wrote ()11/14/1998 6:28:00 PM
From: stock leader  Read Replies (1) of 265
 
I've made $$ in the past couple weeks by shorting NXLK after the price runs up and then quickly covering when the price slumps a bit. I think that's a good strategy since NXLK is generating high losses and they have a lot of long term debt. Also it is trading at about $1.5 billion over its book value. If it has another stock price run-up , I will probably short it again. Anyone have any opinions on this?????
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