METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.0180

+1.1%

Dec 11 3:48 PM EST

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To: mike cobble who wrote (2624)	11/16/2000 1:34:03 PM
From: John Curtis	Read Replies (1) of 3376

Mike: $13.625 x $13.688. The walk-down continues on just sufficient selling and tight spread to keep undercutting the situation. The interesting thing about this is there's very little selling sitting out there between ~$14.25 and ~$15.75. But right at the point of demarcation between buying and selling someone keeps firing and reloading, in that aforementioned 1x1, 1x10, 10x10, 1x5 style, juuuuust enough shares to keep the pressure on. Someone out there knows exactly what they're doing where MCOM is concerned. I'm about to put some money where my mouth is at this point, as this could be that low point for the day before they let up on the pressure. But I'm only doing a nibble because we still have that last half hour of the day to contend with.... John~

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