Arnie, can I say bullshit on SI? <G>
Yes, i'm a frustrated Nextel long term investor. That's obvious. All of us long term holders have lost money this past year, and i'm not happy about it, nor shy about expressing my displeasure. We all would have been better off sitting on the fence alongside Ed, and that fence is crowded with people holding our cash.
So why is that? Maybe it's Nextel's unwillingness to comment regarding their motives. For example, why not provide A LITTLE guidance as their intentions with the apparent slowdown in construction. I say apparent because until I hear it from Nextel, and not on internet chat boards, I really don't know.
A little understanding of their intentions could go a long way. You say they don't owe that to their shareholders, I say bullshit. Nextel's not going to "sneak up" on anybody from here on out. If T doesn't know about N by now, then their fools, and T's no fool. The stage is set, the back-up band is warming up, and Nextel is implying we MIGHT be dancing soon. Well, to date, investors are voting to go to another ballroom, thinking the main show could be stuck in traffic. Silence at this point is not golden, it's dangerous.
With lack of communication, all we have is faith in management, which I have, but relying in faith is risky. My gut feeling says hold on and that risk will be rewarded, but today my gut is growing faster than my portfolio.<VBG>
So what does all this negative investor sentiment mean? Probably time to buy more.
Best regards,
Ron |
