METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.00600

0.0%

Nov 28 9:30 AM EST

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To: AJ Berger who wrote (1494)	7/16/1999 7:47:00 PM
From: KellyW	Read Replies (2) of 3376

AJBerger: Excellent summary! But, there will still be some who think MCOM will be a "ten bagger" from here, like ViBaby claimed. It just ain't gonna happen. What's going to happen is something like $17.00 per share. Then it's worth bet on the long side. Sure pure-play internets have a lot of premium built-in, but MCOM is really a hardware infrastructure play. It is not a pure internet play. The costs and risks associated with the hardware rollout are significant. I am in the black about 15K already on this one. I still think it will give way plenty more by end of next week. As I said yesterday, the longs on this thread are the kind that will hang on and it's gonna be a slow, blood letting. Your money slowly drains away....the stomach churn begins because your instincts are saying, "sell", but you don't for fear of taking a loss. Then the stock price drops even more. Further, more painful bloodletting. Finally, you capitulate your shares and take a heavy loss as MCOM rubs up against $20.00. It's gonna be horrible to listen to...

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