METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.00600

-33.3%

Nov 21 9:30 AM EST

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To: Tom Hua who wrote (1310)	7/10/1999 10:10:00 AM
From: David Blocher	of 3376

Traders/Investors must remember that this company is a profoundly different company than is it was before the WCOM/Vulcan Ventures announcement. Therefore the market is trying to re-evaluate the worth of MCOM. The action over the past couple of weeks is a volatile mix of vastly improved fundamentals, short covering and euphoria. I am a big believer in this company/stock over the next five years. This company has become a major player (thanks mostly to WCOM/UUNET backing) in comparison to the struggling, capital starved company that it was this time last month. If MCOM can capitalize on this new partnership (and I think that it will), by aggressively expanding into different cites and making a major push for market share it has the opportunity to be the leader in it's market niche for a long time. The trader in me is waiting for more downside before adding more, but I plan on buying and holding this stock for a long time. DB

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