SI
SI
discoversearch

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: jimmyo who wrote (5496)4/1/1998 6:01:00 PM
From: PHG  Respond to of 10227
 
I can't speak with any accuracy for other people. But for myself I will tend to rationalize if it makes me feel better. And if no one tells me so, I won't even know to question my motives. That is where companions come in. I am a better investor having experienced this web site and the diversity of people and opinions. And I thank all of you for that priceless experience.

Now show me the money, we are on a roll. And I don't mean a hotdog, hamburger, or drum roll! I see a snowball roll.... ing gathering mass.

......................Phil.............



To: jimmyo who wrote (5496)4/1/1998 6:10:00 PM
From: Ken Benes  Read Replies (1) | Respond to of 10227
 
Jimmyo:

There is one certainty as a result of the developments these past two days. The trading pattern of Nextel is going to change. Each stock has its distinctive signature and Nextel's was very well defined. It was a traders delight, money was their to be made on a daily basis trading in a nearly one point range. Prior to this week, the pattern was beginning to change. With the elimination of 30 to 40 million shares to the mutual fund industry and short covering(using the numbers seen on this board) nextel is going to be a different stock. The wild swings should smooth out a bit and lines of support should be more difficult to breach. The next question, the additional impact we can expect from the first quarter. A number over 400 thousand should easily raise the price of nextel to the 36 range, significantly less will have an impact. I believe all the evidence points to Arnie's goal of 410 thousand. If he is right, there is more money to be made during the next week or so.

Ken