METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.0134

+20.7%

Jan 7 3:28 PM EST

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To: vibaby who wrote (1094)	6/24/1999 1:29:00 PM
From: Snow Shoe	of 3376

MCOM will have a market cap of 600M in short order. How do I arrive at this? My prediction is based on a very similar stock that I missed out on. Lucent Technologies invested $1 billion in Winstar Communications not to long ago in the form of equipment they needed to provide their service. Winstar provides point to point broadband service for companies through land based transmissions avoiding the need for running cable. The stock traded at about $24 when the capital injection was announced. It subsequently doubled in less than a year. I see MCOM as a very similar story. In today :0).

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