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


To: fma who wrote (5718)4/18/1998 1:28:00 AM
From: Satellite Mike  Read Replies (1) | Respond to of 10227
 
No, you should have stayed a lot longer. Goodbye,
fma, the fun is just getting started with NXTL.

Michael



To: fma who wrote (5718)4/18/1998 9:24:00 AM
From: Arnie Doolittle  Read Replies (1) | Respond to of 10227
 
Frank, your comments sound like you divorced NXTL or, worse, that NXTL died. Geez, all you did was sell the stock. Ed claims to have has done that numerous times and he still hangs around this thread. Selling a stock doesn't mean you can't jump back in if your decision turns out to be wrong. While I don't recall the breadth and depth of your experience, your reaction is similiar to that of an inexperienced investor. There's a lesson here for you to learn and it's my wish that you'll learn it. I've discovered that investing can be painful, especially when one is learning the craft and I sense you're struggling with the biggest issue that every investor has to come to grips with: "WHAT KIND OF INVESTOR AM I?" Most investors never find the answer. Too bad because therein lies the path to successful investing. I wish you well in your search to discover what kind of investor you are.

Arnie



To: fma who wrote (5718)4/18/1998 10:31:00 AM
From: Ken Benes  Respond to of 10227
 
fma:

Selling is perfectly understandable. It has been stated many times, nextel is a wonderful story and will likely make a lot of people a great deal of money in the future. Unfortunately, at the moment, the huge amount of debt appears to have smothered the momentum of the stock. This is probably due to the very high valuations we see in the market. Should a correction appear, leveraged plays like nextel, will match or exceed the percentages of the correction. If you do not have the risk tolerance or the trading adroitness for these swings, you are probably better moving to the sidelines.

Ken