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


To: Ken Benes who wrote (4692)2/15/1998 3:15:00 PM
From: Al Gutkin  Read Replies (2) | Respond to of 10227
 
Ken Benes, Bernie, Mike Baber,Mike Redmond, I'm not crazy, read on.

Ok I have been acting crazy lately, but I'm really not, I am angry!
What am I angry about? I thought I found a home with Nextel, however under the circumstances of the lack of stock movement, the possiblility of decline, I am freightened and temporarily turned off. I can pick on the management, or I can pick on the sky, it doesn't matter, the stock if flat right now, and the current financial events don't help. I am flexable with most of lifes events, but the market I take way to seriously, accountants worry about money, especially if it's their own. My past comments seem like a wolf howling at the moon, I understand that, I feel it. However, this wolf had it made, no need to follow other stocks, Nextel was the one, both short term and long term. However past scars of 1997 keep re-appearing and that makes me mad. Remember the declines for no reason, the last minute sales that caused Nextel stock to drop over a point the last 5 min. of trading. I thought that funny stuff was over, however the memories linger.

I got burned on Nextel at the end of 1997, made it up in Jan of 1998, don't feel like losing it now. So I'm angry at the thought.

Now, for the credibility of Al Gutkin. You new guys don't know, I worked for the IRS for 12 years in the large case group. That is the group that audits the largest corporations in the country. I audited Toyota, Nissan, Fluor Corp, Standard Oil, Honda, Alpha Beta, others with world wide business. What did I see? What didn't I see? I got to communicate on a regular basis with the people that run the largest corporations in the country, perhaps the world. Guess what, the big ones run the same as the small ones, only their left hand has no idea what the right hand is doing. Rapid expansion can bring on confusion.

Just picture yourself as the CFO of a large corp. your R & D department is making improvements to your product by leaps and bounds, the phones are off the hook with sales, your tech people are scattered around the world building networks, you're acquiring other businesses almost as large, your office is understaffed, man, you got one big headache! You know what? So do I, for selfish reasons, I'm upset, my investment plan seems to have hit a rift, and I'm taking this stuff way to seriously...Hopefully the reports will be good and interest will resume, I want us all to make the big bucks that we are hoping for. Worst case, step out and watch, you only miss a day at the most.

Regards to all from
Al G. who has to lighten up somewhat.

PS. I can't edit this stuff for spelling, just too numerous and a spell checker doesn't seem to work here. Just have a good laugh!



To: Ken Benes who wrote (4692)2/15/1998 4:44:00 PM
From: Frederick Smart  Read Replies (3) | Respond to of 10227
 
Comments to the crowd....

First off. Al, my friend.

Please don't take offense, but your bearishness is one of the biggest reasons Nextel will continue to climb. And I'm not pointing the finger at YOU. So many investors are in denial about Nextel's explosive potential. I understand how hard it must be for a guy like you who wants action NOW!! Too many MM's, investors, etc. have been buying/selling - in a word...churning.. - just when Nextel's position and case gets stronger. When a stock is under accumulation it bounces back but fades the bounce - forcing more and more investors to second guess themselves - ie. jump ship, etc. Nextel's stock action is playing to your greatest weakness - impatience. There is still plenty of time to shake more and more of these weak holders before the stock shoots through the old highs. Remember when Nextel was in the 50's 4+ years ago. Well its going there, period. But odds are it won't be going there with you on board.

Next...Ken: Great comments....

>>We are not limited to one particularly industry, the application of the nextel units is broader than most people think. Nextel is making in roads to the white collar guys, and they love it. They like it when they are local and they like them even more when they travel. The units go with them and they are in contact with the head office for the price of a local call. They get their Email and pages and tell me that they feel as if they never left town.>>

Ken, the story for '98 is continued penetration into new markets even as the first tier market - contractors and blue collar trades - continues to gather steam. Yesterday I pleased to see Nextel is making headway even in small accounts that used to be 100% cellular or PCS. Yesterday I was with a technician from a local Chicago wholesale computer systems/services company that recently signed onto Nextel - away from Cellular One. Keep in mind, Cellular One has a promotion that offers FREE calls to any other Cellular One client that is also in their "Digital Edge" program. Prior to Nextel, this firm's salespersons where the only ones who had cell phones. Now with Nextel, all of their salesmen and 6-8 technicians - plus their central officers have Nextel units. This guy said that prior to Nextel they the technicians used pagers, period - with the usual delays, missed routes, etc. With Nextel iDEN units deployed the company is getting more business without having to hire more people - simply through better control and time management of their routes, employee resources, etc. through the use of iDEN.

The salesmen use Nextel's digital cellular a lot more than the technicians. Technicians almost exclusively use Direct Connect. They do not use group conferencing that much - for this is billed time, unlike the flat rate person to person Direct Connect. I'm not sure of this company's complete package so I really can't comment on what kind of "group conferencing" rates they secured.

All I know is - for the likes of AT&T, Sprint & Primco - this account had a perfect profile for your basic digital PCS competitor and yet Nextel won the deal. My read on feedback out there is that Nextel is knocking more and more of these accounts off these days. It really is like shooting fish in a barrel - especially with the new lighter phone and the coming new features incorporating data-link applications, etc.

Nextel will continue to surprise most investors going forward. The momentum is definitely there. I, too, am lining up my ducks in the trading industry for new lines of business as financial service trading execs begin to gradually get on board this standard going forward. These things take time. I see great things in store for those willing to be patient.

Good Luck from a "No offense Al" Nextel investor.