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Technology Stocks : NEXTEL
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To: unctarheel who wrote (9618)6/22/2000 3:29:00 PM
From: Yogizuna  Read Replies (1) of 10227
 
Unctarheel & JF, WCOM obviously made a huge mistake not acquiring NXTL at a much cheaper price last year. On the other hand, Nextel's current problems should continue to put pressure on the stock, at least until the daily chart becomes oversold again. NXTL broke down through an up trending trend-line this morning, so the odds now favor reaching an oversold condition sooner rather than later.....
Yogi
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