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Technology Stocks : NEXTEL

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To: Satellite Mike who wrote (8883)3/9/1999 12:58:00 PM
From: Arnie Doolittle  Read Replies (4) of 10227
 
ROTFLOL

No, Mike, it's the "a cancelled meeting = a buyout" rumor du jour. Actually I still own a huge pile of NXTL but it's the overall market that I've gone cold on. I realized last week that I was taking a calculated risk that a takeover could occur before I rebuy my position and that's the risk I took.

Talk about a quick move! The Datek real time quotes showed the bid/ask higher than the indicated last trade earlier ths morning. I guess that means the tape was running late. I went to eat breakfast, and, wham! bam! it was over 31.

Arnie
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