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


To: Arnie Doolittle who wrote (4610)2/11/1998 8:08:00 PM
From: Rob Prickett  Read Replies (1) | Respond to of 10227
 
Arnie, Thanks. ..Could.. you ..be.. just a little more specific than 12/15/97 at 21 3/4 ? :)

You got me; I was too quick on the question without rereading. I do see the higher highs and higher lows from mid-December to end January 98. But, I still see a potential shift in trend in the last week or so. Maybe it's just noise.

I've tried to find a FREE site where I can pull up the 1993 charts, which you've mentioned several times. The sites I've found don't provide much resolution in chart size or time increments; for example, this SI chart only allows 100 days past of daily plot; I didn't feel the weekly plots were fine enough detail (is that right?). You mentioned some sites several weeks ago, but I was unable to access.

Arnie, I know that you spent quite some years studying TA and practicing. Also, from your intelligent posts, I see that you attempt to be objective in your TA and fundamentals, unlike many. Only after that do I think you allow your bullishness to come through. So, I hope you do not interpret my questions as negative - I'm just trying to learn.

Does anyone have the Nextel closing price on 13 and 14 Jan 98? I gifted some Nextel stock for Christmas (late delivery) and I want to supply the price for tax basis.

Thanks,
Rob



To: Arnie Doolittle who wrote (4610)2/11/1998 8:20:00 PM
From: Peter Haynes  Read Replies (1) | Respond to of 10227
 
Off Topic -- Accounting for Expense Reductions

I'm asking this here because the thread it applies to gets little or no traffic, and many people here seem willing to answer questions.

I follow a software company whose product lowers the cost of doing business for it's customers, which are generally mid to large sized manufacturing companies. It usually costs 1-3 million to implement, but in the press releases, the customers predict that it will pay for itself within 3 or 6 months (depending on the customer).

So, if it pays for itself within 3 months, should I expect that 1-3 million to fall to the bottom line the next quarter? Does the effect of the savings only effect that next quarter, and is then discounted by the street, or does it compound as time goes on?

Obviously, if they achieve such savings, they may be great investments. I just need to make sure I know how to come up with an expected value.

Thanks in advance,
Pete