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Technology Stocks : NEXTEL

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To: Rono who wrote (7934)10/15/1998 10:15:00 AM
From: Ken Benes  Read Replies (1) of 10227
 
Whether it is justified or not, what counts is what the market thinks and how it reacts. We are still early on in any slowdown and should one develop, nextel will be impacted. Because of leverage and its close ties to the construction business, nextel has always been vulnerable to any hint of weakness. Today, markets may be somewhat irrational and investors may only see the negatives and not the positives. I am hoping that nextel can find support at the 15 level.

Ken
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