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Technology Stocks : NEXTEL

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To: Ken Benes who wrote (4692)2/15/1998 3:15:00 PM
From: Al Gutkin  Read Replies (2) of 10227
 
Ken Benes, Bernie, Mike Baber,Mike Redmond, I'm not crazy, read on.

Ok I have been acting crazy lately, but I'm really not, I am angry!
What am I angry about? I thought I found a home with Nextel, however under the circumstances of the lack of stock movement, the possiblility of decline, I am freightened and temporarily turned off. I can pick on the management, or I can pick on the sky, it doesn't matter, the stock if flat right now, and the current financial events don't help. I am flexable with most of lifes events, but the market I take way to seriously, accountants worry about money, especially if it's their own. My past comments seem like a wolf howling at the moon, I understand that, I feel it. However, this wolf had it made, no need to follow other stocks, Nextel was the one, both short term and long term. However past scars of 1997 keep re-appearing and that makes me mad. Remember the declines for no reason, the last minute sales that caused Nextel stock to drop over a point the last 5 min. of trading. I thought that funny stuff was over, however the memories linger.

I got burned on Nextel at the end of 1997, made it up in Jan of 1998, don't feel like losing it now. So I'm angry at the thought.

Now, for the credibility of Al Gutkin. You new guys don't know, I worked for the IRS for 12 years in the large case group. That is the group that audits the largest corporations in the country. I audited Toyota, Nissan, Fluor Corp, Standard Oil, Honda, Alpha Beta, others with world wide business. What did I see? What didn't I see? I got to communicate on a regular basis with the people that run the largest corporations in the country, perhaps the world. Guess what, the big ones run the same as the small ones, only their left hand has no idea what the right hand is doing. Rapid expansion can bring on confusion.

Just picture yourself as the CFO of a large corp. your R & D department is making improvements to your product by leaps and bounds, the phones are off the hook with sales, your tech people are scattered around the world building networks, you're acquiring other businesses almost as large, your office is understaffed, man, you got one big headache! You know what? So do I, for selfish reasons, I'm upset, my investment plan seems to have hit a rift, and I'm taking this stuff way to seriously...Hopefully the reports will be good and interest will resume, I want us all to make the big bucks that we are hoping for. Worst case, step out and watch, you only miss a day at the most.

Regards to all from
Al G. who has to lighten up somewhat.

PS. I can't edit this stuff for spelling, just too numerous and a spell checker doesn't seem to work here. Just have a good laugh!
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