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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.0144+2.9%Dec 24 12:09 PM EST

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To: Jim who wrote (1606)7/30/1999 2:04:00 PM
From: Peter H. Hodge  Read Replies (3) of 3376
 
What you say may be true. Unfortunately, MCOM has shown a disttinct lack of growth in subscribers in the past three years, and this disappointing result was in three handpicked markets. In order for MCOM to be a winner of any kind, they must prove that there are enough potential users who really want to be wireless, and are willing to pony up the necesssary bucks to be wireless. (laptop required) Some think it will only be the businss market that embraces this technology. This is obviously a much smaller potential market than the overall internet using population.

Regardless of their success in the future, the current stockprice is way ahead of itself, and if you believe in the technology...wait and buy much cheaper after they have provided some revenue proof of success.
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