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


To: Ed Pittman who wrote (4515)2/6/1998 9:41:00 PM
From: PHG  Read Replies (3) | Respond to of 10227
 
Ed :

Interesting outlook on Nextel's present trading pattern. And today I share your feelings about the right time to sell. But it wasn't Nextel.

Phil



To: Ed Pittman who wrote (4515)2/7/1998 8:12:00 AM
From: Jolie Renee  Read Replies (1) | Respond to of 10227
 
<<The stock has been trading in the last two days with a 1/16 spread..I'm told they want to keep it in this range during the junk bond sale.>>
Ah-ha. So that's it. When I looked at Friday's chart - I thought, "this aint' NXTL!" Weirdest chart I ever saw for this stock.

So, you will buy back at a lower or higher level? Although the lower levels won't be so low. We may be doing the two-step until earnings come out. Aren't we about due for an upgrade after all these credit rating improvements, and what with NXTL selling at current price?

Waiting for $29 again....

- Jolie