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Technology Stocks : NEXTEL
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To: Al Gutkin who wrote (5943)5/5/1998 7:06:00 PM
From: Arnie Doolittle  Read Replies (1) of 10227
 
The only times Warren moves his money out of a company is when he realizes that he's made a mistake or the company no longer has the same potential as it originally had. Viz U.S. Air and Mickey D's. He's a long term investor who parks money temporarily while waiting for another good opportunity. So why doesn't Warren Buffet own any Nextel? Simple. He only buys long established companies that are number one or two in their markets. By the time NXTL is in Warren's sights, the stock will be in the low to mid 3 digit range.

Arnie
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