Arnie: Maturity can be taken several differnt ways. RE: Nextel!
My definition of maturity is probably different than that of bonds, in that date is elusive. Looking back at the Nextel chart, some would say maturity is when nextel fell to the point that you bought it at.I don't have access to the chart now, but you know the point. It's when Nextel took the big dump 1996 and stagnated for awhile. Others may say maturity is when the stock boggs down without chance of increase, Maturity can be when Nextel is sold and the name and company config. changes. Maturity can be when a small guy like Big Al G. says it's mature. Cause, like most self employed people, I only take orders from ???? nobody, except, my clients, whose brown stuff is all over my nose. (I wish it was just my boots) If I had your money Arnie, I'd throw mine away. Back to my evading the subject matter.
For our arguement sake, maturity is when Nextel reaches your best projections, except the stock price. So basically, Arnie, pick a time in 1998, 1999. Better still, defer to your friends Bubba or Ramsey to pick a time. In any case, max price for Nextel $ 90.00 sh. anytime!
Pick it soon, because, based upon my popularity on this thread, I'm going to be accelerated to my maturity alot faster than planned. If you know what I mean.
Al |