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Technology Stocks : NEXTEL

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To: freeus who wrote (3745)12/16/1997 4:55:00 PM
From: fma  Read Replies (1) of 10227
 
More innane gratutitous and probably wrong advice. Freeus, don't fret ... we are not alone. If we really got down to an encounter here, Arnie, Bubba, maybe even Mr. Barnum and Bailey, would admit none of us knows what really drives the market week to week. Thats why we have candles, elliot waves, Bolinger Bands, TA, cups and handles, stochastic indicators, investment newsletters, you name it, mantras, rabbits feet -- it all boils down not to numbers but to faith. We had great subscriber numbers and ARPU during the past quarter, stock goes down. Was this due to numbers? Maybe, more likely asian flu. I've got faith, faith in the majors in this company, faith in Arnie, faith in the DD, faith in you that your beginning to know when to hold em, know when to fold em, hey ... remember Peter Lynch's advice (loosley paraphrased) Go shopping in your own neihborhood, see what's hot, if you like it investigate, then invest. I would buy a NXTL phone if I owned a construction business. Price seems pretty reasonable to me. No real competition. Housing starts are way up. McCaw's got some marital problems, but most of my successful patients do too. Ackerman seems sharp. Company is growing blockbusters. The amount of money in the bond market is equal to all the money in all the world's stock markets and the yield is headed down. People haven't stopped investing in their 401s and fund managers have to put their money somewhere. I'm just a small lone little shepherd in the wilderness crying "Here little fund manager, come here boy, come on boy, singing woopty ti yi yea come along little fund manager, you know NXTL will be your new home." Going bonkers at Christmas time, Frank
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