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: John F. Dowd who wrote (3891)	12/26/1997 2:43:00 AM
From: Erik H. East	Respond to of 10227

John and all: <<<What is bad is potential sellers.>>> I would expect that potential sellers have mostly exited by now due to the continious pressure over the last 4 weeks. The pattern seemed to indicate year end gain tax selling, or someone(s) unloading big position. The hot money is gone, IMO. Stock should be in mostly strong hands by now. I hope that soon more people will recognize that it is not a tech stock, nore is it exposed to SE Asia risk. Should move up well in 1998, even if US growth slows a bit. Anyone care to comment on this assessment?