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

To: Al Gutkin who wrote (3613)	12/10/1997 11:45:00 PM
From: Frederick Smart	Read Replies (2) \| Respond to of 10227

Al: If you really want to get cute and play "Mr. Market" - fine, feel free and have at it. All I can tell you is, that unless you trade for a living day in and day out - such as my company does - I would best recommend that you ignore all the short term static of the market and let the Nextel's value come into your game as you look to buy more. Day to day markets are for dealers, market makers and professional traders. Their function is to provide short term liquidity by offsetting buying and selling demand as they attempt to make a buck. Remember, the game is usually set to tempt you, in your weakest moment, to bail, flip/flop, second guess and hold back. Riding a long term winner takes mucho patience. Concentrate on the big picture. Mentally, it's apparent you've invited the "Mr. Market" inside your head to play, toy around and take control. Exactly what happens for most people. Then at the next blip higher toward $32 they start bailing, relieved to have been saved. The market will always go to where it can piss off the most players in the least amount of time for maximum long term effect - casting you and others out for losses or small gains while chilling you out of the stock forever until, in desparation and greed you are forced back in right at the wrong time. I would recommend going cold turkey. Put Nextel away on the shelf. Forget about the dance and the excitement. It's only money. just buy more if you can sleep at night. What's exciting is watching the story and vision unfold. Good luck! goes to where the volume goes leaving all the