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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: mike cobble who wrote (2645)11/20/2000 4:13:05 PM
From: John Curtis   of 3376
 
Mike: Well I jumped back out here at the last minute on my nibble gleaned today, and took a small loss in doing so. The market is just out of control. And market forces aren't even providing the semblance of a pattern for any number of equities right now, not the least of which is MCOM. It's all total selling reaction with nary a buyer to be found, literally all across the board (with a few exceptions).

So now I'll stand here and see where MCOM goes tomorrow. Given it's back nailed to its decline line, and is continuing to lose ~10% on average per day....well...without dint of major news out of either them, or the political factions that basically hold sway over market forces right now......hmmmm....this equity could see single digits by Friday, if not Wednesday....

And if it gets down into the singles, then I'll be jumping all over this one and putting it in my long term speculative holdings trunk and looking at it again come end of next summer.

John~
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