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Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?


To: Tarek Nabulsi who wrote (3095)11/11/1997 9:37:00 AM
From: Al Gutkin  Respond to of 10227
 
Tarek: Earnings will be out before Nov. 15. Affect ????

In prior quarters, Nextel has risen several points in anticipation of
the earnings and subscriber reports. It didn't happen this time.

It's probably because the investor base in Nextel is more stable now. There are bargains and trading opportunities in the more established companies, thus, there is no rush to buy Nextel. I hate to say it, but, both you and Ed Puttnam may be able to buy in at 22-23 before the end of the year.

I also think the World Com and MCI merger is having an affect.

Al