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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.0165-8.3%Dec 12 9:30 AM EST

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To: John Curtis who wrote (2629)11/16/2000 4:33:52 PM
From: mike cobble   of 3376
 
For some reason, tomorrow 'feels' a little healthier to me. Either way, I don't feel uncomfortable going 'long' with MCOM at this price. I was also glad to pick VRTA back up near 20 and some more AWRE near 27. I think MCOM was quite oversold today and should see some rebound. 10% flucutations are the rule, sometimes 15-20%. So we were down 12% today near the bottom of that area. $12.5 tomorrow would put us on the low end of the swing. I'll be more than happy to buy at that price and also cover any shorts, should see some strong activity. Although I've found the market has a way of going 20% lower than what I think is reasonable. :o) like a bunch of kids in a sandbox.
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