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

To: George Weiss who wrote (4058)	1/12/1998 1:43:00 PM
From: P.T.Burnem	Respond to of 10227

George, My cat has correctly predicted that NXTL was going up to $26-27 and down to $22-23. Have you? With all due respect, I'd rather follow my cat's investment advice. Here's the latest scoop from my clairvoyant feline: Nextel's subscriber growth is peaking out (up only 0.6%) in spite of the increased area of coverage and booming cat food sales (read: US economy). The ARPU has declined by ~3%, from $70 to $68. The churn rate is up ~50% and, ominously, today's press release does not even mention Nextel's digital cellular (my cat told you so months ago:). My cat is urging me to get rid of this dog by placing a sell-limit order @ 23 7/8, but no higher than 24 3/4. PTB