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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 (1318)7/10/1999 2:10:00 AM
From: Tai Jin  Read Replies (2) of 3376
 
I don't really care. You are right about that. I'm in for the long haul and I'm willing to bet you it will hit 60 before it hits 20

I'm not convinced that you are in it for the long haul with that last statement you just made. Why you made that prediction makes no sense to me especially since you just said that you don't care what happens in the short term. It still strikes me as a statement from an insecure investor. Or perhaps you just enjoy a good debate. In any case, you seem to be suggesting that after it goes to 60 it will go to 20. Wouldn't you rather that it first went to 20 and then to 60? I know every other investor would much prefer the latter.

By the way, I've only talked about the short term action of the stock. I never said anything about what the future prospects are for MCOM. In fact, I would agree with you that if their service becomes popular that they should do quite well (I like the idea of wireless anywhere networking). However, I believe that the road to profitability will be a long one. When they have proven that they can be successful then I may even become an investor. But until then, I am shorting the stock because it is going down in the short term. It is unbecoming of an investor like you to be debating this issue.

...tai
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