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Technology Stocks : NEXTEL

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To: Tavros who wrote (5494)4/1/1998 10:07:00 PM
From: Frederick Smart  Read Replies (1) of 10227
 
Tavros & Ed: Thoughts on Being Short....

Tavros comments:

>>I do not have an agenda. I am just reading the board and, as a long-term NXTL shareholder, I am reacting to what I suspect is (was) disguised short-selling.>>

A good way to expand one's understanding of the term "short" would be to include NOT being long a given stock. If you aren't long - ie. own the stock - you, by this understanding, are actually "short" the stock - ie. you don't have it - short it - and need to buy it to get long....

Go back and examine your own feelings and motivations when you sell prematurely and watch a stock climb higher. Yep, you are short the stock, just less exposed. Now the actually hypothetical "out of pocket" had Ed been long is another story altogether.

Ed, I haven't forged through all the posts this evening, so if you did bother to respond to my note, I am not ignoring you. But, Tavros is right, in my book you are "short". JMHO.

Amen....

Came back to edit and note that Ed did not bother to respond. Yep, he's short. Case closed.

Another note: I have not read Lehman Bros. report. Bubba's right. They've missed this call all the way through. Perhaps he should get a new spreadsheet. When is comes to debt in a field teaming with competition, the easy - safe bet - is to simply wait and do nothing a story like Nextel. Analysts who cannot see the big picture in this exploding wireless world subject themselves to the same number-bound limitations. I expact handheld digital wireless communication devices to displace and overtake the PC market in the coming years. Multiple phones - just like multiple PCs - even more...will be common. PC's are going to be absorbed into your TV/entertainment/cable world - just another everyday home appliance.

Digital wireless devices will drive mobile commerce opportunities as it will become a transaction device - complete with all your investment, purchases and sales of goods, services, etc. Just wait till we all start using "Smart" cards - that's when the real fun begins. It's going to be a really fun ride. And Nextel will be leading the way.

Good luck! And Good night...
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