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Technology Stocks : NEXTEL
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To: Ken Benes who wrote (5970)5/7/1998 2:32:00 PM
From: Ken Benes  Read Replies (2) of 10227
 
Ed:

If nextel falls below 27, it is back to the drawing boards. The stock is going to need a lot of time to regroup.
I am editing the message and as I do so she is thru 27 and the offers are committing out of the woodwork. Bids are pathetic and overwhelmed with sell orders.
If we do not get a reversal soon, we are headed for the 200 day ma at 26.25. Forget the move to 34, it was strictly technical based on the acceptance into the S&P.
Another edit, we are at 26.5 and falling. The mm cannot find a buyer in town.

Ken
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