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Technology Stocks : NEXTEL

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To: Silicon Trader who wrote (8287)12/6/1998 8:19:00 PM
From: Ed Pittman  Read Replies (2) of 10227
 
Mr. Big..
I'll have to take a look... I know I'm waiting to buy on weakness.. hoping for it to happen this year...But, there is a good chance that it could hit 28 by the last week of Dec. If it does, I'll just have to wait a little longer to get my buy...
But, to answer your question, I'm bullish on Nextel and looking for that opp. to buy..For the 1999 year.I would be disappointed if it only reached old highs, But, the target is much north of the old highs, that I'm looking at..And that move should be reach by May.

One more thing that I was looking at, the first low this year..had little vol. and the second low at 15+ had the vol. I was looking for..Now I need a test of that last bottom..It doesnt' have to reach that bottom, close will be fine.

Anyway time will tell... Good luck and I'll take a look at that wedge

Ed
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