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


To: Arnie Doolittle who wrote (5283)3/24/1998 11:25:00 AM
From: Kevin F. Spalding  Read Replies (1) | Respond to of 10227
 
Arnie,

Sounds good. Do you remember what the interest rate delta was going to the newer debt? Are we talking a 1-2% reduction. Seems to me that's about the tradeoff which makes refinancing my house attractive.

Kevin



To: Arnie Doolittle who wrote (5283)3/24/1998 2:51:00 PM
From: eric podell  Read Replies (2) | Respond to of 10227
 
Arnie: Here's the view of a technical analyst from Argosy Securities. I got this info from a site called redherring.com. In commenting on Nextel he stated that the chart still looks pretty but that there is substantial resistance at 33. If it can get through that he sees upper 30's to lower forties in six months. The article stated he was their favorite t.a. guy. Not quite as inspiring as 55 by August. As far as new adds sending us to the moon I do recall that last time adds were announced the stock did nothing or dipped slightly. We need another upgrade from a big house short term. Does anyone have any idea why Nextel doesn't advertise on CNBC? It seems like a natural; much more so than CNN or Headline News which is where I"ve seen most of the infrequently shown commercials. BTW, are we Nextellites or Nextellians? One more thing is bothering me. The short term drying of volume as we've made forays to 32; hope that this is not a sign that volume peaks before price does.