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

To: Al Gutkin who wrote (3571)	12/9/1997 10:24:00 PM
From: Mark McLeod	Read Replies (2) \| Respond to of 10227

Al, we all make mistakes. I made the mistake of stating that Nextel is now in Argentina. They are, but have been since 1996. You made the mistake of stating that mutual funds don't invest in Nextel. Take a look at the SEC filings. One of Nextels largest shareholders is Putnam. Moreover, institutional shareholders of Nextel own about 40+% of the stock and I would bet a large portion of those entities are mutual funds. The world is Nextel's oyster and it is harvesting the pearls. Mark

To: Al Gutkin who wrote (3571)	12/10/1997 11:03:00 AM
From: Arnie Doolittle	Read Replies (1) \| Respond to of 10227

Al, your concern about 30k-50k blocks being dumped is misplaced. With 21 million shares shorted, that obviously didn't happen in 100 share blocks. Who knows? There may be folks from the dark side who are still shorting the stock. I hope so. :-))) Also if you look at the daily volume since hitting 32, you'll see that volume has been relatively light. Ditto weekly and monthly volume. Arnie PS Like your son, I was a left handed catcher. Why do you suppose it was that I never went far as a baseball player? Could it have been because I couldn't hit a curveball? Surely it had nothing to do with my inability to hit a fastball. After all, I was a killer homerun hitter in batting practice. It must have been politics. :-)))

To: Al Gutkin who wrote (3571)	12/10/1997 3:33:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 10227

Dear Al: It could be hedge funds - it could be the imbittered wife - and it could be Pittencrief - it could be brokerage house trading accounts. In any event it's the numbers that count for those in for the long haul. Although I have held ORCL for 7 yrs and saw 30 % disappear in a day. Also didn't some bank in Chicago take their loan repayment in stock a while back? Just like the hi-tech stocks the only thing suspending this beauty in mid-air are the numbers. I wish I were clever enough to find a source that would reflect the new subscribers/revs. per/subscriber as those are the numbers that pump the hot air into this balloon. Well good luck to us both. Regards, JF Dowd