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

To: P.T.Burnem who wrote (3653)	12/12/1997 4:05:00 PM
From: George Weiss	Read Replies (1) \| Respond to of 10227

PTB, you said in an earlier post that you knew some people who use Nextel but don't use the "Direct Connect" feature. This is hard to accept in the light of day. Why would they pay more for this service than using PCS? Since Nextel mostly sells using a direct and indirect sale force were your people sold by this force and perhaps snookered into paying a higher price? It just sounds improbable. George

To: P.T.Burnem who wrote (3653)	12/12/1997 5:14:00 PM
From: John F. Dowd	Read Replies (1) \| Respond to of 10227

Dear PT: I get the part about the put and the call but why should you wind up with half if it hits the strike price on the nose. Seems to me you walk away with the same stock you had b4 plus you are ahead by the amount of the premiums-like creating a dividend with a stock that doesn't pay one. But if you have sold a put (bullish) and the stock dips below 25 on expiration (downward dips on exp. for that day alone are not unusual)then someone puts the stock (because it is worth less than 25) to you and the only thing to offset your downside is the premium you made selling the options. On the other hand if the stock closes above 25 you are called away (shorted calls) and you lose the profit above 25 which is mitigated only by the premiums of the option premiums. Why go through all the gymnastics. What am I missing? If you need to do something on Dec. whatever just do it without all the transaction costs. By the way what does the "E" stand for? Oh well have a nice weekend. JF Dowd

To: P.T.Burnem who wrote (3653)	12/12/1997 5:35:00 PM
From: Ken Benes	Respond to of 10227

PTB: There is absolutely no comparison between the direct connect and the cheap rates available on PCS. When using PCS any conversation requires dialing a number and making a phone connection. If you want to talk to a variety of people at the same time, a PCS connection would require hanging up after each leg of the conversation, dialing the next number, and so on. With direct connect, it is a matter of choosing one or any number of callers and pushing a button. There is nothing quite like it and frankly, PCS is limited to the user who may have to make several phone calls during the day. On direct connect, the user is in constant contact to deal with a variety of problems. Using direct connect is equivalent to being with the person and having a conversation, turning to another person for their point of view, and then continuing the conversation. A better analogy, Direct connect is equivalent to a car that can go forward, reverse, up, down, sideways, and upside down. PCS is nothing more than a car with a forward and reverse drive. Ken