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

To: Ken Benes who wrote (5775)4/22/1998 11:23:00 AM
From: Arnie Doolittle  Read Replies (4) | Respond to of 10227
 
Ken, over the past year I've noticed that mm's are quick to drop NXTL, often for no apparent reason other than terminal greed. If this were a NYSE stock things would be more orderly. I agree with you on the apparent new short term trading range but I still think we'll see considerably higher prices this year. Fundos have not changed but the momentum guys are bailing out because the big Mo stopped at 34. NXTL's 5/14 annual meeting and an analysts' meeting in NY on 5/15 are looming large on the horizon. Have you noticed the dearth of comment from Wall St. analysts since the earnings report?

Arnie



To: Ken Benes who wrote (5775)4/22/1998 12:44:00 PM
From: Rono  Read Replies (2) | Respond to of 10227
 
Ken,

Once again, right on with your analysis.

Couldn't stop myself from buying more at 28 3/8, an hour or so later up $1 plus. That's what I call a power lunch.

Fundamentaly nothing has changed. Another day, another 5,500 new subscribers adding $4,300,000 in revenue per year....every year.

I will ride this train to the sunshine.

Al, you got a window seat?

Ron


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