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Technology Stocks : NEXTEL

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To: Ken Benes who wrote (6043)5/11/1998 10:10:00 AM
From: Rob Prickett  Read Replies (1) of 10227
 
Ken, Nextel Sentiment ... Why?

I have the same question as you. Today, AT&T, AirTouch, MCI, and Sprint are all strong, and Nextel is neutral to down. With a shareholder's meeting a few days away, this is disturbing. This may be a continuation of reaction (probably unwarranted) to the AT&T rate announcement last week, but I find it fairly disturbing.

I know Ed had predicted some day this week as a possible turnaround - we'll see.

As far as I know, long-term fundamentals are intact.

Rob
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