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: michael piegza who wrote (4127)	1/13/1998 7:53:00 PM
From: Mike V.	Respond to of 10227

Michael, I don't know much about this but I assume the first part of the trade would have been made in December. Mike V

To: michael piegza who wrote (4127)	1/13/1998 11:13:00 PM
From: Rob Prickett	Read Replies (2) \| Respond to of 10227

Michael, The Forbes article says "maybe" 15% rise, and groups Nextel with other stocks. I didn't see much to support the idea that Nextel was shorted against the box to defer capital gains into '98. Hasn't the short interest been about 20M for many months, long before the need to defer capital gains, and long before the stock broke the teens? I would need more data before I really go along with the above. We'll see by the Jan. 20 tax deadline how many shorted for tax reasons. These types of effects are nice to know about if one plans on moving into (or out of) a stock. For someone that already holds Nextel long-term, these type of effects are noise. Regards, Rob