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To: Voltaire who wrote (44350)	10/12/1999 3:20:00 PM
From: SKIP PAUL	Read Replies (1) \| Respond to of 152472

Statement by Allen Salmasi, NextWave Telecom Inc. Chairman and Chief Executive Officer, on Nextel Rumors Jump to first matched term HAWTHORNE, N.Y.--(BUSINESS WIRE)--Oct. 12, 1999--"Recently we have had a significant number of inquiries from major carriers, vendors, resellers, shareholders, creditors, reporters, analysts and others as to the status of Nextel Communications Inc.'s discussions with our company. Notwithstanding rumors to the contrary, NextWave Telecom Inc., its shareholders and other constituencies have absolutely no agreement, and are not contemplating any future transactions, with Nextel Communications Inc." "NextWave is fully funded for its deployment of a wide array of broadband wireless voice, data and Internet access services as an independent company. We are totally committed to bridging the digital divide on behalf of tens of millions of consumers and small businesses by creating the first affordable wireless high-speed Internet access system, as well as the first affordable alternative to local telephone service."

To: Voltaire who wrote (44350)	10/12/1999 3:38:00 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 152472

is that my cue, Oh Voltage One? looks like a retest of 215 underway I hope it holds the chicken bones and tiny skull fragments are talking now worst case is we see 210 level but shorterm moving averages are looking ok and shorterm relative strength is about bottoming now at 50% we have not gone below 50% shorterm RSI in two weeks I still like the 214-218 range, now that we are in it thanks to all the individuals sending me private memos some have made good money exiting options now risks have been taken re-entering other options we have some mass psychology working in our favor right now easily a million shares supported the turn up at 215 volume is lighter now than at 10:30am I think for today we will see 215 hold nothing has changed the fundamentals in the last six hours? "if others survived buying here at 215 this morning, the risk has been reduced right now -- BUY" THIS PSYCHOLOGY IS DISMISSED BY GEARHEADS EVERY SINGLE TIME now where is that rooster tail? I've lost my compass / Jim