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

To: Arnie Doolittle who wrote (3811)	12/18/1997 8:11:00 PM
From: freeus	Respond to of 10227

Hi Arnie: Re mutual funds: I have half my money in mutual funds with Fidelity and half my own nonsense with Datek. I hadnt looked at my Fidelity account for a while so I updated and looked. Here is what I figured out with my little calculator: My own management went up 100% by Aug and down 22% by today's miserable prices. My Fidelity account went up 50% by Aug and down 10% by today's miserable prices. I'm more aggressive than them I guess and gain and lose more. Dont know what the final upshot will be!!!! I do know had I followed my game plan on stocks I bought to sell at a certain gain (I got greedy and didnt) I would have only gone down about 10% same as FIDO but I went up a lot more. And I'm pretty new, inexperienced, and overemotional at this, it isnt quite a second professionallly done job YET! So I agree with you. But a lot of my FIDO money is in a 403B and it has to stay with FIDO, company rules. Best wishes, Nextel didnt do too badly today considering. Still hoping for that $10,000 a share for Nextel in five years, then my other mistakes wont matter at all!!!!!!!!! You can all visit me on my acreage. I'll turn the electricity off for the day (to the outside fence, of course, will leave the heating on!!!) Freeus

To: Arnie Doolittle who wrote (3811)	12/18/1997 10:42:00 PM
From: Al Gutkin	Respond to of 10227

Arnie: Some people know how to treat brokers, procedure follows. Arnie: I just got a call from my brother, back in Connecticut, evidently you get email from some of the people there. I'm from Connecticut, and you know how those italians respond when they think the're getting the bad end of the stick. Check this story out. An italian kid that my brother works with gets a call from a broker regarding a hot tip. The kid goes up to the brokers office to do the paperwork and open a trading account. Then, the kid tells the broker, the italian due dilligence speach, which goes as follows: "If I loose money on this so called hot tip, I'm going to come back up here and throw you out the window." (the broker is on the 11th floor) The broker took back the hot tip and closed the account. It was a good move by the broker, to take back the hot tip, the stock fell quickly and the kid would have lost big bucks. Perhaps we should all adopt that method of dealing with brokers, sort of the personal approach. Thats me, personal approach Al