Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Arnie Doolittle who wrote (5777)	4/22/1998 11:32:00 AM
From: Satellite Mike	Respond to of 10227

It's interesting that in the past two days, DELL tacked on 6 extra Billions to its capitalization, almost as much as NXTL's entire capitalization. The big boost for DELL (which was about 10 cents a share in 1991, split adjusted) was due to IBM's earnings report. Mike

To: Arnie Doolittle who wrote (5777)	4/22/1998 11:37:00 AM
From: David Kuspa	Read Replies (1) \| Respond to of 10227

Arnie, NXTL's either finally turning up or this is one last head fake by market makers hoping to snag some more buyers before heading back down. I gave the chart another look, and although I only did a quick analysis, it seems that NXTL has a pattern of falling significantly after either new adds or quarterly results. Usually this drop occurs a few days later, often after a short-term run up immediately after the announcements. This recent pullback seems to fit the pattern, although it may have been accelerated by the double announcements and boosts given by the S&P 500 news and the quarterly results. Am I way off base here? D. Kuspa

To: Arnie Doolittle who wrote (5777)	4/22/1998 12:03:00 PM
From: Ben Wood	Respond to of 10227

Could S&P status be causing an increase in volatility?.....Does the weighting situation cause further selling if NXTL is heading down as S&P 500 is going up ....and more buying when NXTL is on the rise............Hope Big Al G got on the train.......Ben

To: Arnie Doolittle who wrote (5777)	4/22/1998 7:00:00 PM
From: Ken Benes	Respond to of 10227

Arnie: I have been watching the tape solid for two days. This morning I had to leave as you were writing your post to attend meetings in the city. I set some limit orders in at 28, did not get filled as the stock reversed at 28.125 and hit 30 with the close at 29.5. I am impressed and it shows how technicaly oriented these markets are. Today was a much needed reversal and I am happy to hear of the key dates in May for the annual meeting and an analysts meeting. With a little help from the foreign front, we may be able to establish the momentum we have lost. Bottom line, the quick recovery from 28 to 30 on a six million share day was impressive. As I said with markets so technically oriented and the enormous amount of sophisticated software/live quotes, cycles have accelerated to the point if you blink you may miss a move. Ken