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Technology Stocks : NEXTEL

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To: Thomas Duttera who wrote (3935)1/2/1998 5:03:00 PM
From: Al Gutkin  Read Replies (1) of 10227
 
Thomas: They have 45 days to report to the SEC, PR releases, anytime?

Thomas

Lately, the SEC reporting is what drives the stock up, however, last quarter the company posted their quarter results a day before the deadline, there was no run up last quarter.

This quarter things are looking good, I believe we are in the run up period now.

Ed, if you are reading this, let me make my prediction, which is based upon nothing technical. I agree with your guess at filling the gap around 24 1/2, only I call it a correction (profit taking). The stock has run up for 5 days now, some big buys happened around 25-26. I say up to 28, then down to 24 1/2, then up to a new high. All this before Feb. 15, 1998.

My disclaimer. This prediction was based upon drinking heavily over the New Year celebration period, dancing around the fire with heavy makeup on, watching CNBC and making delerious mental estimates, driving everyone crazy that knows me, and factoring their responses into my predictions. If you invest based upon my real Black Magic predictions, you are bigger fools than me.

HAPPY NEW YEAR ALL
from
a happy Al
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