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Technology Stocks : NEXTEL

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To: Ed Pittman who wrote (8424)1/4/1999 11:15:00 PM
From: Al Gutkin  Read Replies (2) of 10227
 
Ed: If my eyes were right, up on low volume, down on high volume.

Looks like lots of shares traded today, however, the stock rose on early low volume. This is suspect, isn't it? The stock has been in this situation before, rise on speculation not merits. (nothing against the technology, just the instant rise is shallow)

When the news of the mergers ware off and the general market corrects, which is overdue, back to basics. The next few days might be the opportunity for some to bale out at a reasonable price, then, buy back in later. I didn't say short it, did I? (VBG)

Oh yea, bought in on the Sprint $ 30 special, bought two phones at that price, reception sucks! Because I bought two phones, it double sucks. CADMA, IDEN, TDMA, you guys are right, who cares? We just want the stuff to work as well as two cans and a string. Pac Bell uses cheap Motorola phones and doesn't anwser their own phone, Airtouch has cross conversations on it's PCS network, LA Cellular doesn't have good roaming agreements, Sprint doesn't have enough antennas, Nextel has more than most need and costs too much (ask Fred Smart about that).

Just pesos worth from the silent

Al G.
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