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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.00520-13.3%Dec 1 3:02 PM EST
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To: Lewis Edinburg who wrote (3303)6/24/2001 3:35:40 PM
From: ru2  Read Replies (1) of 3376
 
MCOM has serious local competition in the Bay area. In Boulder Creek a local wirless intenet provider has popped up and has plans to try and take the Santa Cruz market from MCOM. It should be easy since they have no plans to take Santa Cruz to 128k. It is now 28k. In the Silicon Valley area a local provider is offering wireless DSL service for $10 a month. Local cafes and eating places have attenae that provide service in the cafe and for about 100 yards out. Sorry I cannot remeber the name of the company that provides this service. I talk to Ex MCOM employee's all the time and they all say that brain drain is affecting the company very badly. People are quiting left and right because their stock options are worthless. Portola Valley won't let them put up their anttenae unless they paint them green which makes them over heat in the sun. Every tiny district has it's own curve they throw at MCOM. IN San Francisco Willie brown is asking a fortune for them to install the service so MCOM had to give up wiring the whole city. Only a small area is 128k. One city, Philly I believe
has not much more than a square mile covered yet they claim service in that town. There is a WHOLE lot MCOM is not talking about. My question is will it become a penny stock and if so at what price will it be a bargain.

Ru2
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