Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Arnie Doolittle who wrote (5402)	3/31/1998 11:09:00 AM
From: lowbuy	Read Replies (1) \| Respond to of 10227

This is interesting action; block after block all trading in a 1/8 point range. Who is supplying all this stock? L-

To: Arnie Doolittle who wrote (5402)	3/31/1998 11:13:00 AM
From: Ken Benes	Respond to of 10227

Arnie: It appears that nextel is consolidating a base in the 32.75 range. This will continue until whatever loose stock remaining is drawn out, then the leg up to 36 should continue. This leg should be complete by the announcement of the first quarter add ons which I believe is going to be very close to your original number of 400,000+. With the resolution to the upside on a stream of very good news, the old high of 55 is almost a certainty before the end of the summer. Ken