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


To: Al Gutkin who wrote (5522)4/2/1998 11:38:00 AM
From: Satellite Mike  Respond to of 10227
 
As time goes on, you'll realize that Nextel was
still trading at below wholesale at the end of
March. The person (funds) you sold your shares to
will be very pleased.

Mike



To: Al Gutkin who wrote (5522)4/2/1998 1:54:00 PM
From: Erik H. East  Respond to of 10227
 
Al: The way you are headed, your going to miss out on the party when the new adds are announced.



To: Al Gutkin who wrote (5522)4/2/1998 4:21:00 PM
From: Ken Benes  Respond to of 10227
 
Al:

Wrong again. Nextel is consolidating the big gains of this week and the same pattern is emerging as existed several weeks ago when nextel moved up to 32. I believe we are within days of the second leg up of the move thru 32. Nextel closed at its high today, with few signs of any manipulation by the mm. I was not able to watch the tick by tick data but reviewing the trading action of the past two days, this stock is getting ready to move again. I say this not because of the expected news of the first quarter add ons, but rather, the implicit strength and steadiness of this stock. I am looking for 36 within two weeks and then a classic retracement prior to the culmination of a move to the 46 to 55 range. It is very possible that nextel will make a new high during this wave three move.

Ken