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

To: Arnie Doolittle who wrote (4837)	2/24/1998 3:34:00 PM
From: Bernie Diamond	Read Replies (1) \| Respond to of 10227

<<<Where I part with Ed is in the read of the chart.>>> Arnie, good point. You name the technical indicator, and different people will get different reads on it. I don't disrespect Ed or Al for their trading strategies, I was just having a little fun. BTW, I am and have been concerned with the MOT news. Like I stated several days ago my major worries were that NXTL would be prematurely sold out from under us and our reliance on MOT as the sole producer of the phones we use. Al was complaining that some customer had three defective phones before he got one that worked properly. I'm not only concerned with MOT product quality but also with their ability to deliver quantity in a timely fashion. A major problem with MOT (IMHO) is that they have an attitude problem . They think they "know it all" and won't listen to advise from "outside" engineers (Amati and the CopperGold chip is an example). I would feel a lot more comfortable if we had more than one phone supplier!!! Bernie

To: Arnie Doolittle who wrote (4837)	2/25/1998 11:35:00 AM
From: Ken Benes	Read Replies (1) \| Respond to of 10227

Arnie: The current situation appears to be a carbon copy of the one that existed in 1993, and I expect as you do a similar outcome in much the same time span. The market makers are loading up on cheap nxtl stock for their own positions. When the breakout occurs, they will sell to those willing to pay 32+ for their stock. The momentum required to go thru 32 will be considerable, and these guys will go thru their inventory in a matter of days, and then play the stock as it advances and retreats in its move to its old high. Ken