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Technology Stocks : NEXTEL

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To: Ken Benes who wrote (8307)12/10/1998 11:52:00 PM
From: Al Gutkin  Read Replies (2) of 10227
 
C'mon Ken. Nextel, barometer of the economy or barometer of bad business decisions?

Rapid worldwide expansion, cash flow shortages, poor service, investments in unrelated companies, excessive issuance of junk bonds. Heck, I can't even play with the stock any more, it just won't move.

Quite simply, Nextel's stock falls when the Nas falls. sometimes it just falls for no reason. Isn't it time that it went up for no reason? Two years ago it did.

Regards from

Al G., who is anchored in Southeast San Diego Harbor ready to be dismantled
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