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Technology Stocks : NEXTEL
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To: Ed Pittman who wrote (7803)10/1/1998 8:07:00 PM
From: Silicon Trader  Read Replies (1) of 10227
 
Ed,......................>

I was hoping to compare notes with you on the low end target for this stock(NXTL). The charting takes me back to the 15 range i have been touting for the last three weeks, however i am concerned it might not hold if NXTL doesn't make the grade with expectations.

I have been looking at other companies that are actually making money NOW, Yet earnings shortfalls lately have been distructive to many fine companies. At this stage one could consider NXTL nothing more then a development stage company with a real nice listing.( I know where its going guys, but for now this is how i feel,sorry)

Although i intend to carry the short i hold a bit longer i was hoping to turn the trade around at that level (15).

GO NRAG MBA

Im just struggling with the justification for the current price let alone what might be coming down the short term highway.

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