METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.00600

-33.3%

Nov 21 9:30 AM EST

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To: rrufff who wrote (1309)	7/10/1999 12:42:00 AM
From: Tom Hua	Read Replies (1) of 3376

The shorts have come on strong and will get totally squeezed next week. LOL, I trust you know how daytraders and momo players play the game. Buy on the way up. Sell/sell short when the uptrend is broken, and in MCOM's case, broken decisively today. The equivalent of the float churns about once a day this week. Forget any talks about long term, long term with this kind of trading volume means 30 minutes. My guess is MCOM will settle around 20 when volume returns to normal.

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