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


To: Jolie Renee who wrote (3315)11/21/1997 1:21:00 PM
From: Al Gutkin  Read Replies (1) | Respond to of 10227
 
Jolie: I hope we both get well! Things are going awfully slow.

I like the stock detective too.

I am so nieve, today I thought I was going to strike it rich, I had a new Dodge truck all picked out. This morning on CNBC, a commentator remarked that last night LOTS had just been awarded some astronomical sum (131 mil form Chase Bank) and that the company only had, like 4 mil shares outstanding. If the math was done it would look great per share, expecially since the stock was selling for 1 7/16. Before market opened I put a buy in at market, then changed it to 2 per share. The stock opening at 10 and I didn't get a buy. If I hadn't changed by buy order to 2, from a market order, I would be owning the stock at 10. The price now is 5. I planned on buying 2000 sh.

Today is a real good day, I got my head back in time and saved a loss of $ 10,000 big ones.

Under the circumstances, I don't care if NXTL doesn't move until next year, it's a relatively secure investment.

Moral to the story, you don't get something for nothing, now a day.
Expecially when good news is leaked to the pros well before we hear about it.

Regards:

not a pro Al