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Technology Stocks : NEXTLINK Communications, Inc.

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To: Rono who wrote (261)5/18/2000 4:18:00 PM
From: CoastalAccess  Read Replies (1) of 265
 
Personally, my take is that the market makers are swinging this stock down low a little in advance of the 2 for 1 split on June 15th. They are going to start buying big during late May and early June. Then NXLK will split 2 for 1 on 6/15 and we'll probably be looking at NXLK share prices in the low 20's (won't that be a riot). Then the MM's will drive NXLK from the low 20's (post split) to over 100.

I've seen it too many times.
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