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

To: Y-fall who wrote (4167)	1/15/1998 1:27:00 AM
From: Arnie Doolittle	Respond to of 10227

Paul, I don't know. What I see is that the pullback from 32 is nearing an end and a new upward leg will begin soon. I define soon as before February 15. Please understand that I don't play naked options. Also that my record as a market timer is less than stellar. Having said that, my basis in NXTL is 15 and change. If I wouldn't have been greedy and looking for an additional 1/8 point, my average would be lower. If my timing is wrong and the stock drifts a bit longer, it's no big deal as it's only a matter of time before the stock pops. Since I expect a double this year, what difference does it make if it happens next week or the end of June? Now many will say that's foolishness and that other opportunities await. I say, "Go get 'em." My experience is that it's harder to get back than it is to stay put. Arnie Arnie