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

To: Al Gutkin who wrote (3947)	1/4/1998 3:46:00 PM
From: Arnie Doolittle	Respond to of 10227

"I think some of the regulars dropped off this thread because of getting caught in the down slide. Perhaps there is something to be learned by the unexpected events. Riding the stock up and down is a waste of time and money. I think the best way to do it, is to trade. Take a loss, buy it back lower. What do you think?" I think you're wrong - on two counts. First, there have been no "unexpected events." Stocks go up and stocks go down but there has been absolutely NO fundo NXTL news to cause anything other than a NORMAL retrenchment after a huge runnup. Second, I'm happy with the 62% gain I had with NXTL at 12/31/97. So what if the stock pulled back a normal fibonacci amount? It provided another short term buying opportunity. As to regulars dropping off this thread, when there's no news what can be said? How many times and how many ways can one express his views on 4th qtr. adds and 1998 operating cash flow? As long as you keep playing your emotions and guessing about stocks you'll miss the big picture. If you're going to play the trading game you need some ta assistance. As far as I'm concerned, this is a business, not a game, and I prepare the same way I did in the corporate world. I like investing better because I have no customers and no employees. (When one of my employees screws up, I look in the mirror and chew him out.) :-) Arnie

To: Al Gutkin who wrote (3947)	1/4/1998 4:25:00 PM
From: Ed Pittman	Read Replies (1) \| Respond to of 10227

OFF TOPIC !!!!!! Al...did I make any money...NO!!!!! To many snow birds.. I thought I would take a nap and head down by midnite...The place was empty..I didn't go to Vegas.. The boom in taft will be caused by the develpment in Elk Hills...Anyone that will want a job will have it.<G> The only problem with your buying and selling of Nextel..You needed that 30 day rule to show the loss. Anyway Al..I still have a problem with Nextel...The move down in my eyes has not been completed!!! And I still think it will break 22.. I think at this moment that this little up move was to set the timing for the bottom. Oh, I could be wrong, have been wrong before... The people that run this market will use the Asia flu to suit what ever dirrection they want to take us.. Nextel is almost a copy of the Naz 100.. Al..show me the volume, i need volume to keep long. Good luck... Ed