NEXTEL Message Board - Msg: 2901017

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Technology Stocks : NEXTEL

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To: Ed Pittman who wrote (3477)	12/7/1997 3:39:00 PM
From: freeus	Read Replies (1) of 10227

what is a long term investor? Warren Buffet. So the question is not what is a long term investor. The question really is is Nextel a long term investment? Since I am impulsive, emotional and totally erratic I am not a good long term investor if I am watching. For some reason (maybe Jerry Klein) I have not sold any of my 1000 shares of nextel (I was so proud of those last 300 that I bought at 30 remember???) Instead I sold Dell, another long term investment and it promptly went up while nextel went down. ????????? O Neill says when you have a gain dont ever allow it to become a loss. Maybe that would be a good policy to follow: if Nextel goes to 40 or 50, instead of waiting for 100 (or 1000) take some profit, keep the rest. If it then starts down, sell it all and wait. Maybe when it bottoms out and starts up again you'd want to buy more. I dont know, what do others think? Freeus

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