SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?


To: Jolie Renee who wrote (3144)11/13/1997 1:21:00 AM
From: Al Gutkin  Read Replies (2) | Respond to of 10227
 
Jolie: My sentiments exactly. Who can we be angry at? I'm ready!

I can't believe what I am seeing. I turn on for the open in the morning, see Nextel moving slowly, I'm drowning at an average price of 28 3/8, but, I figure it's moving slow today and after the earning release it's going to swing back up. Therefor, I don't have to watch any more. Then, check in at the close and find it went to 23. It really makes me angry, and I'd like to place blame somewhere.

Regards, from Al taking pain killer.



To: Jolie Renee who wrote (3144)11/13/1997 7:26:00 PM
From: Ed Pittman  Read Replies (1) | Respond to of 10227
 
Jolie...
Help..Help...The duck is drowning...It nothing against Nextel..its just caught up in a market correction...I posted before you could hedge your position with puts..Good luck, and hope everything works out..Unless you are on Margin what is the big deal..

Good luck, Ed



To: Jolie Renee who wrote (3144)11/14/1997 6:04:00 PM
From: Rono  Read Replies (2) | Respond to of 10227
 
Jolie, to answer your question from yesterday; yes I believe the 23 7/8 price offers quite a buying opportunity.

I will also be glad to give you the winning Saturday lottery numbers on Sunday. Hindsight is a wonderful thing :)

Nextel's price is up about 80% this year and will be up significant;y again next year. Whether you buy at 23, 27, or 30, your going to make money as long as you stay long term and Nextel's "story" doesn't change.

PS - since I missed my annual october Vegas trip, I bought a small position in TPRO

Patience is a virtue

Good Luck,

wonderbread