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

To: Al Gutkin who wrote (6079)	5/11/1998 9:12:00 PM
From: Ken Benes	Read Replies (2) \| Respond to of 10227

Al: I would have to agree with you, that a move back to 26 might represent an opportunity to get out clean. Adding to nextel's difficulties is the market itself. Today nextel attempted a rally back over 26 in the early afternoon. Then the market started giving up its gains, and nextel led the charge down as it has for the past week. If the market is vulnerable to a correction, nextel with its leverage is not going to buck the trend. Obviously, how low is low. Should 25 not hold Ed may get his nextel stock at 22. If you feel bad, look at Fred, he was averaging down at 30 and was looking at the opportunity of picking up additional stock if the stock broke below 28. In the fullness of time he will prevail, but looking at your holdings loose sizeable amounts of value is not easy. Ken

To: Al Gutkin who wrote (6079)	5/11/1998 10:13:00 PM
From: Bernie Diamond	Respond to of 10227

<<If it continues down, even Arnie and Bernie will sell>> Al, I can't speak for Arnie, but my son and I are going to BUY more at 24 and again at 22, if it hits that low. First time I'm averaging down. This retreat, in the absence of any negative fundamental news, doesn't worry me. It's just a question of time before Nextel hits its true value! I can/will wait it out. I'm still doing very well with Nextel! Even if we have a less than stellar report at the Annual Meeting (as previously posted, I don't expect that), Nextel remains a really outstanding investment IMHO. Sorry you got caught in a downdraft after waiting so long to find a place to get back in. Bernie, looking forward to the Annual Meeting!