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Technology Stocks : NEXTEL

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To: Al Gutkin who wrote (5975)5/7/1998 5:26:00 PM
From: Ed Pittman  Read Replies (1) of 10227
 
Al..
I'm sure the long term investor is not feeling that well today or for the last month. But, that is the nature of the beast. a long term investor must be able to weather the storms..
You right about a good company, and hanging in there..The only problem is by the time you figure out its a bad company you have lost your shirt.
Nextel is a very looooooong term play..I like the company and product. But, I have learned that you never, never fall in love with a company.Like it all you want.
The trick played by putting N on the S&P and gapping it up to 34 just in time to hand it to the investor , will be a hard nut to sell, next time.
Good luck,
Ed
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