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

To: Arnie Doolittle who wrote (5177)	3/17/1998 10:31:00 AM
From: Kevin F. Spalding	Respond to of 10227

30 1/16 on over 1.2 Mil at 1019 EST. Looks like that buy for my Mom at 29 1/2 yesterday may only be seen in the rear view mirror. Kevin

To: Arnie Doolittle who wrote (5177)	3/17/1998 10:36:00 AM
From: Ken Benes	Read Replies (1) \| Respond to of 10227

Arnie: It is 10:26 with 1.6 million shares traded, we are indeed very close to a very explosive breakout. I was looking for a price of 46 by summer, but reaching 55, nxtl's old high is looking more and more plausable. The wild card that may make that number very real is their internationl business. Another big plus, this week we are switching to the new nxtl plan which will also include participating in a NYC wide network. The beauty of this network, a new customer can now use direct connect with only one radio. By being part of a network, he can contact his business connections over the radio rather than by cell. The 90.00 price tag for 700 minutes along with the DC and the other features is very competitive with the competition. This past weekend, I drove to Boston and were in contact with my employees three quarters of the way by direct connect, and beyond that point it was a pleasure using the cell, voice mail, and paging all for the price of local calls within the 700 minute package. Yes indeed 55 is looking real good. Ken

To: Arnie Doolittle who wrote (5177)	3/17/1998 1:24:00 PM
From: eric podell	Read Replies (1) \| Respond to of 10227

Hello to all from a longtime lurker and shareholder since 1995. Managed to buy Nextel at 22 and watched it go to 13 and stay there for two and one half years. Thru sheer luck I came across this thread while looking up another of my stock debacles. I want to thank you Arnie for giving me the reasons to stay with this stock rather than breaking even last year. Thanks also to Al Gutkin, Bubba et al. However, I do have some concerns/questions. I'm concerned when I read euphoric price projections on a company that has never earned a dime. It reminds of the dancing that when on last year on the run-up. That signaled the top for the stock for some time. I am into euphoria as much as the next guy but every time I participate in such joy I stop selling calls waiting for the "explosive breakout." Each time I have done so I've stopped making money in this stock. What do you think of selling calls to 35 say 2-3 months out? They say that buyers of calls lose money 90% of the time so I figure I should take the the other side. Also, I've read quite a bit on T.A. and I've never seen a good reason based on human behavior why a cup with a handle, a flag, a saucer or a dog with a bone should motivate buy or sell decisions. The only T.A. concept that makes sense to me based on what motivates human behavior is support and resistance. Explanations such as backtesting certain formations which resulted in appreciating prices hold no water because they ignore the myriad of such formations that failed and most importantly do not explain investor behavior in terms of human emotion. All that said, I hope the market decides that Nextel is Santa in Spring. It's snowing in Madison,WI with three days to spring, I've got my Nextel and hope springs eternal.