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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.006000.0%10:27 AM EST

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To: Tushar Patel who wrote (1002)4/19/1999 7:12:00 PM
From: EEL  Read Replies (1) of 3376
 
EXCERPTS FROM MCOM 13DA FILING 4/19/99 FROM EDGAR ON LINE.......

Item 3. Source and amount of other consideration

The sole source of the funds for purchase of the 408,333 shares of common stock of the issuer, pursuant, to Vulcan Ventures warrant is working capital of Vulcan Ventures. The amount of funds used in making this purchase $8,166,660.

Item 4. Purpose of Transaction

The purpose of the acquisition of the issuer is for investment purposes. Paul G. Allen may purchase additional shares of common stock of Metricom, Inc. from time to time. Any decision to make such additional purchases will depend, however, on various factors, including, without limitation, the price of the common stock, stock market conditions, and the business prospects of Metricom, Inc.
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