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

To: Ed Pittman who wrote (3532)	12/8/1997 10:08:00 PM
From: Al Gutkin	Read Replies (1) \| Respond to of 10227

Ed: Read post 3499 and give credit where credit is due<G> Mark gets some too. We were way ahead of the other copy cats with the X theory. My brother Phil has been watching the volume like a hawk, and I know the psychology behind a divorced woman's wrath. We put this theory together a long time ago. Perhaps the response should be " Nice post MR. ?, but Al Gutkin said that way back" <VBG> It bugs me when someone posts something without reading the prior posts, the prior posts are a history lesson. All of the stuff that I said when I joined this thread have now been commented on and received critical acclaim. However, when I doubted the fundamental support of the stock, the stock was hitting the high of 32 so other members thought that I inhaled too much cat litter. Nobody could ever think that it could take such a beating as it is now. Maybe humerious accountants know something after all? Maybe not?<VBG> But, as you can see, humerious accountants did not pay attention to spelling in grammar school english class, but they know thier balance sheets<G> Lets keep things in balance here<VBG> Mark Leod, if you read this. Sorry, you did post the sec report, good job!! You didn't get credit for that. Keep the research up Mark, your work is appreciated. Regards wanting some respect Al

To: Ed Pittman who wrote (3532)	12/8/1997 10:15:00 PM
From: Ken Benes	Respond to of 10227

Ed: I had the same affliction today. Between watching nxtl and icos, I did not get much else done. Early in the day, the stock was moving nicely up to the 25 level, then bang, the big blocks started hitting the market. Down to 22.5 and she started back up, then again the big blocks started coming. Someone is selling into the market. Could be the wife or it could be a conservative fund manager sitting on a big profit. The fund manager may be looking at nextel as a high leverage deal vulnerable to a possible recessionary impact as a result of the slowdown that is sure to come from the meltdown in Asia. Just speculating, but someone is unloading a lot of stock. By the same token, there are plenty of buyers lined up at these current prices. I agree with you that either the selling is going to end or the stock faces a possible breakdown to the levels suggested by you. Ken