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Technology Stocks : Satellite Stocks - USSB, CQ, SPOT, QCOM, etc.
QCOM 180.87+2.0%3:59 PM EDT

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To: Gerald Hebert who wrote (190)1/28/1998 7:21:00 PM
From: Jerry Miller  Read Replies (1) of 222
 
Hi Gerald,

Metricom (MCOM) sells Ricochet.

it's a wireless internet-access service, offered to computer users
in Seattle, and the San Fransisco Bay Area.

the system works by broadcasting signals back & forth from transmitters mounted on building tops, and utility poles, to radio
modems connected to subscribers' computers.

Microsoft cofounder Paul Allen owns about 49% of the company.

Metricom is expected to lose less money this year.
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