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

To: Ed Pittman who wrote (4129)	1/13/1998 8:07:00 PM
From: mark bailey	Read Replies (2) \| Respond to of 10227

Ed-I agree volume was impressive. For a stock with potential, take a look at Pomeroy Computer (PMRY). They got hit earlier this month-announced they were not going to be the lead vendor for HCA headquarters. Implied that they were being asked to do it at a loss. They are a Valued Reseller of PC's and networks. They historically trade at a low PE of 11 and as high as PE 26. Bottom line is they got knocked down to $15+ on the HCA news (PE of 11) bounced up to a high of 19 and yesterday hit mid $15 again. Except for the day of the announcement, they dropped on very low volume. What's real interesting is that after they retested their support at $15 1/2 (double bottom) they moved up today (1/2) on 2X the volume (180000). Next few days will confirm but I think we just had a reversal and will be heading into the low to mid $20's by Feb/March. If you get a chance look at the chart and let me know what you think. In the meantime, NXTL is looking like a buy. The head of ATT made it clear they were not done buying-NXTL could be in the mix by early next year if not sooner. Mark