NEXTEL Message Board - Msg: 8311357

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Technology Stocks : NEXTEL

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To: Arnie Doolittle who wrote (8868)	3/14/1999 3:34:00 PM
From: Frederick Smart	Read Replies (1) of 10227

Arnie...... >>2. Proof that they can bridge blue collar mobile work groups to the white collar guys.>> Arnie: I took 50% of my money in Nextel off the table last month. Plowed the whole thing into Novell, Mattson and I-Link. Novell ran from 17 1/2 to 25 1/2. Mattson rallied from 5 1/2 to 10 - now back to 7+. I-Link ran from $3 to 4 and change before retreating back to 3...... Novell now represents my largest holding. Nextel is still #2. I am looking back from a distance on Nextel's ability to "network the network" - ie. get the white collar and general Joe cellular users. Nextel's internet announcements were extremely interesting longer term. As for the market, I began buying PXD in the oil sector in early February. Some of these stocks have had a nice rebound rally. Still long and loyal to Craig's vision, but it pays to diversify at times. Off to NY to speak at this conference. Business development for new companies is an ongoing challenge, but we are getting some good contracts while we work the larger server-app opportunities. Best. Novel

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