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

To: freeus who wrote (4600)	2/11/1998 4:40:00 PM
From: Arnie Doolittle	Read Replies (1) \| Respond to of 10227

"Do you mean at the close or during the day?" Good question. In NXTL's case, it's both. Generally speaking, the close is more important than the daily range but if you eyeball NXTL's daily chart you'll see exactly what I mean by looking at the daily range. Smart bears see the same thing and I'm sure that they have a hair trigger at this point in time. Here's some food for thought regarding the bearish argument on NXTL: It's based on their perception that NXTL is overvalued relative to its current financial statements. Naturally I think that they need new glasses but that's what makes a market. Arnie