Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (24665)	3/26/1999 9:21:00 PM
From: lizard lick	Read Replies (2) of 122087

Anthony, I started building a short position on nxtl today,, Ive checked the charts and this rumor seems to be a frequent occurence with nxtl especially on Fridays recently and reaks of market manipulation. Both Wcom and Nxtl already have given the thumbs down to these rumors,, and wcom has said specifically they are not interested in debt burdened acquisitions. 12 month Price targets several analysts established in January are hoping that nxtl can maintain the 25-30 range 8 months from now. Options speculation i believe is a blurp on unsubstantiated and already dispelled rumors. I think the prudent course is to short here 10 points over these 12 month price targets. Also Im wondering what kind of pressure the cdma standard will put on nxtl if any. Im looking for the low 30's as early as monday and tuesday,,, Fed meeting will have traders on reserve also. What do you think?

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