Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: freeus who wrote (3417)	12/3/1997 4:24:00 PM
From: ilan saadia	Respond to of 10227

Looks like someone on instinet was selling agressively all day long. If it weren't for him we would probably be up today.

To: freeus who wrote (3417)	12/3/1997 5:18:00 PM
From: Jay8088	Read Replies (3) \| Respond to of 10227

Inverted yield curve typically predicts a slowing economy and even onset of a recession. The thing to do when the yield curve inverts is to buy bond and sell stock. However I believe this bull market, though getting very old fast, is not yet over. There may be one more hurrah this coming spring. Most importantly this has little to do with NXTL stock performance. I am a long term NXTL holder because I have a confidence in McCaw, Akerson & company. I think it would be inadvisable to sell a rapidly growing franchise like NXTL because the market may correct. That way, one would never be able to hold onto stocks like McDonald. Coke, or Microsoft. Best wishes.

To: freeus who wrote (3417)	12/4/1997 10:39:00 PM
From: Bernie Diamond	Respond to of 10227

(inverted yield curve) Hi freeus. My conceptual understanding of an inverted yield curve (not being an economist) is that it can be good for stocks because it puts pressure on the feds to reduce interest rates. The long bond (30 year)looks like it is going to go below 6.0% while the ten year bond is now over 5.8%. We are close to getting an iyc. We also have to keep in mind that inflation is now about 2.0% and some people are arguing that it actually is 0%. Kinda hard to explain. <<Incidentally, does Nextel have a mind of its own?>> I hope not!!! <grin> Regards, Bernie