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


To: Roader who wrote (3973)1/6/1998 11:16:00 PM
From: Al Gutkin  Read Replies (1) | Respond to of 10227
 
Roader: There is severe dumping, you noticed, kills any 4th qtr buzz.

Perhaps investor relations can ask the stock registration agent if they know of any dumping or mass selloffs by insiders or jilted wife.
Looks like we both saw the same thing at 3:55, 1.3 mil shares dumped. Thats alot of dilution for NXTL, which only transfers about 2 mil on an average day. The good thing about this is that is builds strength at this level, someone had to buy the 1.3 mil and hopefully wants to net some gain. Hey, did you notice that the stock price held until the last 200k transferred at about 1 min to close.

Tell bubba to get out the saddles, we are in for a bucking bronco ride if this dumping continues.

Regards
Al, with his jock on
bucking broncs give hernias



To: Roader who wrote (3973)1/9/1998 4:33:00 PM
From: P.T.Burnem  Read Replies (1) | Respond to of 10227
 
I just spoke to investor relation. Indicated they had previoulsy stated they hoped to meet or exceed 3rd quarter adds of 322K. What do you think the stocks reaction is if they meet that number. Say 320 even.

Let's see: subscription growth has peaked out -> momentum is gone -> NXTL is a $15 stock overnight, on its way to single digits.

PTB