SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?


To: Ed Pittman who wrote (4742)2/19/1998 2:52:00 AM
From: Al Gutkin  Read Replies (2) | Respond to of 10227
 
Ed: I'm still here, in spirit. Why rub in the negative? I still have hope.

I discussed the posting with some other members and it was suggested that some guys are in a loss position, for which, I really feel bad for them. It doesn't seem like adding on to the negative is the thing to do. I know the feeling, I have been there many times.

My position is still anger at Nextel Mgmt, every day it gets worse with each and every news release. However, for day trades, watching the spread can generate buying opportunities. Watch MOT also. In the morning, the first 1/2 hour it goes up, almost a point, ten minutes before the close it's at the day's low, after close the stragglers boost it back up to even or small gain, keeps cycling every day. However it seems to be in a down trend, like another stock I won't mention.

Well, I'm still here, lingering, waiting for something meaningful to happen. Guess the only meaningful thing that is happening, is Mark Leod going to Australia, that lucky guy. I'm sure he made some money somewhere, he probably gave up an sold his Nextel stock.<VBG> Arnie sold his along time ago, just didn't tell anyone.<VBG> The only one that still has Nextel is Freeus, she is long, but wants to be short. At this point many good people just want to be long gone and whole.

PS. I looked at Yahoo, to me it's a joke, I'd rather drink Drano. I tried to log on and got "the worm" and some other stupid named person, shit, I'm not that lonely, yet!

Regards again from
Al G, just born short, trying to be long.



To: Ed Pittman who wrote (4742)2/19/1998 4:13:00 PM
From: Ken Benes  Read Replies (1) | Respond to of 10227
 
Ed:

I would be very surprised if nxtl breaksdown. I have been watching the tick by tick trades on 1,3, and 5 minute charts for the better part of two weeks. While nxtl has been trading down before todays recovery, I see predominantly green throughout the volume window. Looks like the marketmakers may be keeping the price down until after options expiration.
Today, prior to the close a block of 300,000 shares was sold in the last half hour of trading. The stock retraced to 26.81 and then immediately moved up to close at 27. Unless I am very very wrong, nxtl is fast approaching a breakout point. When this is reached, it should move quickly above 40 and be at or above 46 by summer.
Today, I noticed a white collar worker taking a call on the new 600 unit in midtown, New York. I asked him how he liked it and he could not stop raving about it and that his firm and most of the others he does business with are in the process of replacing their cell phones with nxtl units. I also saw a piece over the newswires that the San Paolo, Brazil system should be up and running by May.
If a breakout is imminent, the week prior to their earnings report will be a good indicator whether the event will occur now or in April with the announcement of the first quarters add ons.
Again, I do not see a breakdown in price unless there is a systemic break in the market.

Ken