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

To: mark bailey who wrote (3521)	12/8/1997 6:41:00 PM
From: Jay8088	Read Replies (2) \| Respond to of 10227

The Nextel guru, Ed Pittman convinced me with his technical analysis that NXTL could fall slightly below 20 before this month is over. The reasons may be : selling by McCaw's ex-wife ( can you imagine her tax bill for '97? ) and likes of today's news by AT&T . But the bottomline is that this stock having risen from 12 to 31 is going through a natural correction. The fundamental story behind NXTL is still solid and is being proven out ( e.g. the 3rd Q result ). Having bought in big time at 27 1/2, this is no fun time for me. But in the long term perspective (say 3-5 years ), this is just a blip. I fully agree with Arnie that this stock would exceed 100 eventually. I think things would look better next spring. If you are feeling depressed like me, just remind yourself that you are invested - not in a stock but - in a business headed by Craig McCaw. How often do you get that kind of chance? Or just click your heels and keep repeating to yourself, 'Nextel is a long term investment, nextel is a long term investment, nextel is... etc. '

To: mark bailey who wrote (3521)	12/8/1997 11:08:00 PM
From: freeus	Read Replies (1) \| Respond to of 10227

I dont know that (the technical perspective) and I dont know if Jerry Klein had too much cough medecine today but he today forecast Nextel in five years to five count em five digits. My oh my how sweet it would be! Freeus