Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: PHG who wrote (3777)	12/17/1997 7:49:00 PM
From: PHG	Respond to of 10227

Anybody ever consider skytell as an excellent source of info for real time quotes any place in the US. Well their not offering it. But what a person could do, solicit skytell customers for the service and supply the INFO by the way of intermitent message paging. Soon to automated by programable landline or wireless tranmitters. Sorry I need to eat now, tomuch thinking. Low blood sugar, need pasta. PHG

To: PHG who wrote (3777)	12/17/1997 11:42:00 PM
From: Al Gutkin	Read Replies (1) \| Respond to of 10227

PHG: You have some good thoughts, here are the results, not so good! I started investing in Nextel at the end of August, bought at 25, sold two weeks later at 27, made 1,300 while on vacation. Not so bad for a small time investor of 650 sh. I decided that I could make alot more, the stock cycled in predictable cycles. Heck, buy/sell on Schwab's money. Hey, I wasn't happy just investing 650 sh. so I upped it to 1,000, then 2,000. My system was great, the stock cycled almost a point a day. Down in the first hour of the morning, up at mid day. Up the first hour of the morning, down at mid day. Worst case, if it falls quickly, hold and wait until tomorrow. Schwab gives 3 days to settle, sell first before they ask, right. I'm still here, as of two days ago had 7,000 shares. As you noticed, the last few weeks the stock moved much more than the daily swing of 1 point, it moved more than one point in less than 5 minutes and then doodled for the rest of the trading session. Try to get a trade in when the change happens faster than you can type your password in. Anyhow, this is how I became a long term investor. You can say, I'm long on Nextel. How do you short if your own 7,000 shares long? Moral to the story, the only way to deal Nextel in this market is to cut your heart out and have blood pressure medication injected directly into your brain. I did, it works. I'm useless at work now, but I still look for buying opportunities. Hope someone learns a lesson from this. Quit work, you can loose more money gambling in stock than you can a work, isn't that the object? Am I missing something. I just love this medication! (just joking Regards: overly medicated, Al