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


To: eric podell who wrote (5286)3/24/1998 3:09:00 PM
From: fma  Read Replies (1) | Respond to of 10227
 
Eric, thanks for so clearly expressing my inadequately communicated concerns, and with outside support even! Thanks too for Ed's, Arnie's, and Jimmyo's posts. SI on the right thread is a joy. I'm wavering here with my 2000 shares and 2000 LEAPS, holding since September and not much to show for it. If there isn't a pop up to 35 soon, i.e., in the next two weeks, I think I'll join our former colleagues in cyber-retirment. TAVA doing so well, and NXTL, well....zzzzzzzzzzz! Great company but where is the IR and where are the announcements? Guess I'm just holding cause Arnie's here.



To: eric podell who wrote (5286)3/24/1998 4:51:00 PM
From: Arnie Doolittle  Read Replies (1) | Respond to of 10227
 
Eric, CNBC doesn't make sense to me as an advertising medium because it's daytime audience is a bunch of geezers watching the market. Mobile workers are out mobiling.

Substantial resistance at 33? Where? What dates? I think a better case could be made for 35 but neither one is a major stumbling block. The key feature of the weekly chart is the cup and handle formation which began in 7/94 when the stock fell below 30. We're currently on the upper edge of the handle's right side, just waiting to break forcefully to the upside. It's coming, we just don't know when. You'll notice that when volume dries up that it's the sellers that are absent, not buyers, and the stock moves up accordingly. This stock is one significant news release away from breaking out to the upside. 1st qtr. adds may be it. As for our proper title, I think it's NEXTillionaires. :-)

Arnie

Arnie