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Technology Stocks : NEXTEL

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To: Arnie Doolittle who wrote (2735)10/25/1997 12:52:00 AM
From: Al Gutkin  Read Replies (1) of 10227
 
Arnie:

Good post! What do accountant know? Guess you told me! I just listen to the bull from a client that got passed over by Nextel. Pittencrief wanted to acquire his system by trading stock, my client wanted out, big money. Now, he has to be content with making alot of money running a system that, he says, has five years to live.

As an accountant, with 30 years experience, my day consists of listening to the dreams of my clients. This is contrary to the conservative nature of accounting. Accountants account for past transactions, wishfull thinking is not in the text books. That doesn't mean that the dreams are not possible. It means:

PROVIDE FOR ALL POSSIBLE LOSSES, WHEN THAT IS DONE, GO FORWARD AT TWICE THE SPEED, YOU GOT IT COVERED.

I tell my cleints stories, based upon my experience, that gets them thinking obout the feasability of their dreams. It is my job to keep them in business, and expanding, so that they can pay their accountant.

Arnie, I used psychology on you and it worked. Quite frankly, after listening to my "left behind client" I had doubts about the real future of two way radio. After all, the user still has to push to talk, right?

Your educated response to my post enabled me to be reasonably assured that I was investing in a winner. I'm sure the new followers of this area were happy to read your response.

Thank you, and I hope that I didn't create the impression that I am
negative about Nextel's future. I just needed some reassurance that it is real and not a dream.

AL
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