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Technology Stocks : NEXTEL

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To: Al Gutkin who wrote (5464)4/1/1998 1:45:00 AM
From: Ed Pittman  Read Replies (2) of 10227
 
Al...
I ate once at KKRO...I thought to expensive....
Anyway I posted that I was looking to buy in before April 7...
I printed out the Nextel May 30 calls..Drew in the lines ,and put the chart with my other papers...I looked at the chart today, up in Bakersfield while standing by...Monday was the buy date..oh well there will be plenty of times to trade...

Here I found some interesting data...
Nextel traded today 37,501,500 shares...
Can you believe..550,900 shares traded more on Down ticks than up ticks...It showed institutions selling this rally..I don't know if it was for window dressing or what..Just thought I would pass it along..

It made a new high before my time frame so I'm not interested in the stock at this time.

catch ya later..
Ed
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