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

To: PHG who wrote (5559)	4/3/1998 9:59:00 PM
From: Arnie Doolittle	Read Replies (2) \| Respond to of 10227

"You sounded some what protective in your response." Phil, you caught the spirit of what I was trying to say about today's close but protective isn't quite the right word. Over the years I've noticed that stocks often do funny things at the end of the trading day on low volume. I was trying to point out that is exactly what I saw in NXTL today and I would expect a quick drop to 33 1/2 or 5/8 on Monday morning's opening. I don't think it has any significant impact on NXTL's price action next week other than the 1st hour or so on Monday. I wish that I had experience working the NYSE trading floor so I'd better understand the games traders/mm's play. I know they often play games; I just don't quite understand the game except that they're trying to separate some folks from their money. Granted we're talking slippage of "only" an 1/8 or 1/4 but, given volume, they add up. Arnie