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Technology Stocks : NEXTEL

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To: Arnie Doolittle who wrote (5264)3/23/1998 12:31:00 PM
From: fma  Read Replies (4) of 10227
 
Arnie/Jimmyo/Ed -- Thoughts please. I anticipate a 10-15 percent pull back on the Dow in April (Give me this one as an assumption). Let's say for argument, April 6-18. Could you share with me your perspectives on what effect, if any, this might have on NXTL during the remainder of April and May. I am remembering NXTL's good numbers in October that coincided with the Asian situation. I am thinking that increasing pressure on Korea's internal problems may defeat IMF interventions for the short term, and Indonesia may contribute by presenting more challenges, money will flow from the US, bonds may actually go up, stock market may go up long term, but buying opportunities may abound with a cash reserve (which I don't now have).
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