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Technology Stocks : NEXTEL

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To: Bernie Diamond who wrote (4878)2/26/1998 11:41:00 AM
From: Al Gutkin  Read Replies (1) of 10227
 
Bernie: Thanks, I made my money on GLM this morning, CPQ is next, then Nextel or MOT.

Iraq doesn't seem to affect GLM, and the stock already reacted to the merger talk of Dresser. GLM is volatile, just like Nextel. Sometimes it moves without reason. Oil drillers seem to be tied in to oil prices, the spring and summer will affect a steady increase, now it's just gambling.

When Nextel retracts it's steps, perhaps back to 26, I'll buy in, big time. Nextel is what I call a "contra stock". When the people get tired of the currently popular, Nextel takes a hit up. Look at DELL and MSFT today, so far.

Regards from
Al G., now there's sun in California, may it shine on Nexel!
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