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Technology Stocks : NEXTEL

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To: Ken Benes who wrote (5775)4/22/1998 11:23:00 AM
From: Arnie Doolittle  Read Replies (4) of 10227
 
Ken, over the past year I've noticed that mm's are quick to drop NXTL, often for no apparent reason other than terminal greed. If this were a NYSE stock things would be more orderly. I agree with you on the apparent new short term trading range but I still think we'll see considerably higher prices this year. Fundos have not changed but the momentum guys are bailing out because the big Mo stopped at 34. NXTL's 5/14 annual meeting and an analysts' meeting in NY on 5/15 are looming large on the horizon. Have you noticed the dearth of comment from Wall St. analysts since the earnings report?

Arnie
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