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Technology Stocks : NEXTEL
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To: Arnie Doolittle who wrote (9398)9/24/1999 8:22:00 PM
From: Alohal  Read Replies (1) of 10227
 
Arnie amen. I think the reason NXTL was down more than the others has more to do with the fact that NXTL stock has appreciated more than 100% in the past 4 months (and had been up as much as 150% as of last week) than with any change in fundamental technology assessment by investors. I think a 12 month target of $85 is very conservative, (barring any general market disaster(s). I look for one more big leg down before the end of this corrective phase and a very merry new millenium! Aloha

Alohal
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