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Strategies & Market Trends : DAYTRADING Fundamentals

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To: ynot who wrote (1679)7/8/1999 2:22:00 PM
From: Tai Jin  Read Replies (1) of 18137
 
I guess MCOM could be a wireless play, although they are also an ISP. I don't think the fundamentals provide a good reason to buy the stock since it continues to lose money and is not widely deployed. The deployment of their infrastructure will be costly.

But right now MCOM is not a sympathy play to either wireless or internet. It is currently being (over)run by momentum traders based on news (and greed).

...tai
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