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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.006000.0%Nov 28 10:27 AM EST

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To: rrufff who wrote (1496)7/16/1999 7:54:00 PM
From: KellyW  Read Replies (2) of 3376
 
rruff, what? The stock dropped over $3.00 bucks today on less volume than yesterday, as I said it would. Monday, the volume will be the same or less and the price will drop even more. The run up happened.
It's over. It's on the way down.

Paul Allen and WorldCom mostly likely could not sell their shares. Warrants and preferred options usually have a fair time term. They have to hold their shares for a respectable length of time, usually a year. But if Paul could have flipped his shares at $50.00, after getting them for $10.00, he might have done it.

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