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

To: Bernie Diamond who wrote (6507)	6/4/1998 10:20:00 AM
From: Rob Prickett	Respond to of 10227

Bernie, Tax consequences of selling. If I thought the stock was way overbought for the short and intermediate term, and thought there was a strong possibility it would drop back more than 10% (the difference between the long and short term gain rates), I MIGHT sell. But, since I think Nextel is just coming out of the gates, I'd probably hold. Actually, I ran through the sell scenario in mid-March and decided to hold. Although the price has dropped, I'm still happy with my decision. By the way, I am holding a relatively small percentage of Nextel on margin, but had a preset downside limit of $26 to sell some shares to reduce margin further. I sold some at $26 and will have to take the short-term gain. Rob