NEXTEL Message Board - Msg: 4416111

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Technology Stocks : NEXTEL

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To: Al Gutkin who wrote (6074)	5/11/1998 8:09:00 PM
From: Ken Benes	Read Replies (1) of 10227

Al: Don't feel bad, I took a shot in the ass today. I bought at 26 and watched it all the way down. I have some pretty good technology available to me and I knew as I was posting that in the absence of buyers we were heading lower. Go not get myself to sell, when usually, I could be pretty fast on the trigger. This sell off is more than I could have imagined and has violated just about every kind of support that I know. That is why I am asking questions about the fundamentals, which I as have noted, noticed some definite negatives this past week or so. The excessive valuations of the market does not help either, particularly for nextel which has as much or more leverage as any communication play that I am aware of. With the technical barriers broken the question in trying to pick a low to buy into is, Do you feel lucky today. Ken

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