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Technology Stocks : NEXTEL
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To: lazarre who wrote (9855)6/18/2002 11:24:54 AM
From: Rono  Read Replies (1) of 10227
 
I traded NXTL for the first time in months last Friday and it sure felt good to make a few quick bucks!

The stock quickly sank due to the Sprint PCS second quarter warning, but anybody following Nextel knew their second quarter would exceed estimates. I was willing to hold until those second quarter numbers were released, but it only took about four hours. Sold at $4.35.

Looks like there may be another opportunity for a trade prior to official announcement of second quarter results.

Ron
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