METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.00675

-18.7%

Nov 20 11:56 AM EST

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To: rrufff who wrote (1314)	7/10/1999 1:22:00 AM
From: Tai Jin	Read Replies (1) of 3376

I wouldn't call it goofy. My prediction is based on experience and historical fact, and we all know how history likes to repeat itself. Hey, I may be wrong about the exact numbers, but I'm willing to bet that my prediction is closer to the way it will play out than not. And as an investor I don't know why you even care what the stock does this week or next. You should be concerned about the future (MCOM won't be profitable for quite some time). The tendency for longs to get defensive when their stock goes down is an indication that they are insecure about their investment. What investors don't realize is that shorts don't fall in love with stocks like the longs do. Shorts understand short term stock behavior better than investors do, and we recognize a momentum play when we see one. This is a momentum play and it will behave like one - all your talk won't change it. It is easy to be blinded to the reality of the situation by the incredible run of the past week. But any investor worth his salt knows that a stock doesn't go straight up. I feel like I'm here to educate, but if you don't care to learn then you can pay the price. ...tai

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