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

To: Bernie Diamond who wrote (6400)	5/28/1998 11:06:00 AM
From: Ken Benes	Respond to of 10227

I do not know this Klein fellow, however, I have to agree with his analysis of the nextel chart. It is showing a classic distribution pattern that is being supported by the stocks daily trading pattern. Whenever, nextel attempts a rally, the move falters on very low volume, and the decline continues on low volume. Nextel has fallen from 28 thru its current 24 in this manner. It is very difficult to determine at what level a bottom will form. When it happens, it will be obvious as the volume pattern changes to one of accumulation. Let me repeat, as of today, there is absolutely no evidence of this change. Ken