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Technology Stocks : NEXTEL

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To: PHG who wrote (5320)3/27/1998 10:22:00 PM
From: Tavros  Read Replies (2) of 10227
 
You guys are unbelievable,

You make the concept of making money sound so easy. I guess, this is what we get when the stockmarket goes up the way it has been over the past few years. But make no mistake. This is an exceptional period and, as everything else good, it is not typical and will not last forever.

But back to NXTL! I guess you guys are not happy with the more than doubling of the stock over the past year. You expect instant gratification and doubling of the money every few months. Well, it is not going to happen. NXTL, as Arnie has said many times, is a start-up. A big one, but a start-up. It has ways to go before it goes cashflow and earnings positive. However, the story is intact, so is the strategy and its execution thus far. Personally speaking, all I care is that management executes the strategy as it has been laid out, and the rest will follow. A little patience is required here.

A final word for the impatient from some of us that remember NXTL (it was called CALL and other names before) back in 1993/95. NXTL went through its "internet" phase when it hit 50's. What happened? Poor execution of the strategy and the associated hype. Which proves that the law of gravity still applies. Whatever goes unnaturally will come down...

Just be carefull out there and, remember, money does not grow on trees. It grows (for most of us) slowly and in most cases in a direct relation to the risk you undertake...(Apologies for the rumbling but I could not help it!)

Reflective Tavros
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