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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: Tai Jin who wrote (1323)7/10/1999 3:03:00 AM
From: Sherman Chen  Read Replies (2) of 3376
 
MCOM can't be expected to be profitable from the subscribers in the 3 or 4 metropolitan areas where they provide service now, while at the same time they are spending so much money on obtaining ROW's in major metropolitan areas around the country and finishing up beta testing of the 128Kbps network. I'd say that their service in the Bay Area is successful. They are losing money because they are still building out infrastructure nationwide.
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