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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.0140+27.3%Jan 9 9:30 AM EST

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To: Sir Auric Goldfinger who wrote (2577)11/12/2000 2:53:16 PM
From: who cares?  Read Replies (2) of 3376
 
Thanks for this one. The more I read about it the worse it gets. I can't wait to see the abysmal subscriber growth for this quarter.(my guess only). This company would have to go on an e^x growth curve to ever get anywhere near what it projects and needs to stay viable. All this we'll be 3x's as fast in another year stuff, too funny. We'll be BK is what people should be looking at.
So will they burn the whole wad of cash on build out or will we soon see the build-out get cut way back so they can burn it in advertising and rebates to get people signed? That way they can keep up the charade that this is a viable business for an extra quarter or two in some vain hope that things will turn around and they can borrow some more capital.
I agree, BK awaits this as it's not worth buying out. No one wants more proprietary crap when the rest of the planet will be doing data on their cell phones in a different standard. Basically this company was in a race against the clock and lost. If they had got this 128 speed up and running 1-1.5 years ago, they might have caught on. But even then they would eventually go under as the idea of wireless is to be mobile, and this is not. It's more like stationary without wires.
I can only hope this squeezes nicely and it has a good chance to with a large cult of buyers(the stock, obviously not the service, lol) that just can't look past the gee whizziness of it.

CMB
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