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

To: Rob Prickett who wrote (5060)	3/9/1998 11:52:00 AM
From: Arnie Doolittle	Respond to of 10227

Rob, I don't know about the timing of 32, but if I'm right about 1st quarter adds, we're going to see a huge spike in the stock's price. I hate to sound like a broken record, but if you look back at 1993 you'll see the explosive action that took the stock to almost 55. I think the same thing is about to happen this year. When NXTL breaks out of the the cup and handle formation, which is about to happen, we're going to start eating cavier on our corn flakes. Granted, I don't like cavier or corn flakes for that matter but I'll celebrate in some manner. Just don't let Jeeves feed me any more Grey Poupon. I don't know what model of iDEN phones were manufactured by MOT but I'd be surprised if they weren't i600. Why would anyone want the bulkier model when they can get the Jenny Craig slimmed down version? I'm looking forward to the anorexic version later this year. I agree that my figures have more than taken into account any existing customer upgrades (like me) plus any NXTL inventory that they may have on hand. Since MOT's production isn't going into a sinkhole and we don't see any other mega wireless company buying them by the mega-gross like NXTL, we have to assume that we are on the verge of explosive growth which will make 1997's figures pale in comparison. Yes, it's hard to believe but what other conclusion can be drawn? No wonder NXTL changed its buildout plan to focus on growing existing markets. The recent debt additions are being put to good use. Arnie P.S. I'll post the ta books in another post.

To: Rob Prickett who wrote (5060)	3/9/1998 12:30:00 PM
From: Arnie Doolittle	Read Replies (1) \| Respond to of 10227

Rob, here's the post on ta books: To: Steve in FL (4545 ) From: Arnie Doolittle Monday, Feb 9 1998 12:20PM EST Reply # of 5063 OFF TOPIC "If you had to select two or three of the best from the 50 or so books you have on TA, which would they be?" 1. Timing the Market by Weiss Research for a summary of technical analysis. 2. Technical Analysis of Stock Trends by Edwards & Magee for the graduate school detailed course in chart patterns and the underlying reasons why ta works. 3. Trading For a Living by Dr. Alexander Elder for some detailed info on practical ways to use technical analysis, including trend following indicators, oscillators and moving averages. As a bonus he presents a super understanding of the psychology of markets. 4. Reminiscences of a Stock Operator by Edwin Lefevre. Although not a ta book, Lefevre has written a novel based on the life of Jesse Livermore, a famous speculator with a ta mind for markets, as well as a nose for manipulating markets. While written in 1923, the book is as practical as if it were written last week. I read it once a year. 5. In my opinion, you must use charting software if you're going to be successful using ta. I use Metastock and update my database of 2000 stocks daily. 6. I like to read biographies or interviews of successful market folks. Favorites include Market Wizards and The New Market Wizards by Schwager and the monthly interviews in Technical Analysis of Stocks and Commodities, a ta magazine. (I ignore the customized formulas and other assorted junk in TAS&C although they usually have interesting summaries of various technical indicators. Their practical application to my style, however, often escapes me.) Was it Plato or Socrates who said "Know thyself"? I like to know the competition too. Thus, I read bios. Arnie