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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.00650-35.0%Nov 14 2:48 PM EST
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To: KLP who wrote (1171)7/6/1999 6:05:00 PM
From: AJ Berger  Read Replies (1) of 3376
 
Shorts here are technical, not fundamental.

few shorts will deny MCOM's eventual potential,
but when stocks have 1000% runs, they are due
for a correction. It's just a matter of timing.

Notice how that 'buy' recommendation put no
target price on the stock. I'd say they are
just as baffled on pegging a value to MCOM
now that they have WCOM support, as we are.

Tomorrow I will definately be looking to short,
I just hope I have as much luck trading the top
as ynot did today. he won't see the $14 he wants,
but at least he'll get to cover in the $20's.

Timing Will be tricky as we wait for earnings,
but that just means there may be an opportunity
to short and go long again over the next 2 weeks.
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