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

To: Mark McLeod who wrote (5429)	3/31/1998 4:36:00 PM
From: Y-fall	Read Replies (2) \| Respond to of 10227

With all the great stuff happening, is it time to sell or hold for a higher stock price? I'm in at 25 for the long haul.... Any suggestions would be helpful...

To: Mark McLeod who wrote (5429)	3/31/1998 4:44:00 PM
From: Kevin F. Spalding	Read Replies (3) \| Respond to of 10227

I saw a 700K plus trade after 1600. Maybe that was the Vanguard 500 Index fund. Ok, I don't understand. My realtime quote service (Jack White) at 1601 showed daily volume of 20.7Mil. When I go to post this message on SI the quote ticker said OVER 37 MILLION SHARES! Almost half the volume after the close? Are these the baskets of the index funds? Kevin

To: Mark McLeod who wrote (5429)	3/31/1998 4:48:00 PM
From: Arnie Doolittle	Read Replies (1) \| Respond to of 10227

To ALL: Was this a red letter day, or what? Here's my read on the action: 1. Today NXTL broke out of the cup and handle formation that I've been talking about for several months. 2. Today's volume was more than double the highest previous daily volume in NXTL's history. 3. A ton of stock went from weak to strong hands today. How much is anyone's guess but I'll say half to 2/3 of today's volume. I don't know how much of that is in index funds and I don't know how much more stock the index guys have to buy but all bet it's a ton. 4. The FLOAT had a sea change today with a substantial number of shares removed from the float. Weak to strong hands? In spades. 5. Pure shorts have reason to be nervous and those that didn't cover today will do so sooner rather than later. 6. Decent 1st qtr. adds will give the stock its second wind. 7. International news coupled with 2nd qtr. adds will carry to 55. Arnie