METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.00610

-12.9%

Dec 8 3:44 PM EST

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To: mike cobble who wrote (2628)	11/16/2000 4:06:30 PM
From: John Curtis	Read Replies (3) of 3376

I tell you what, I can almost set my watch by the last half hour. Just like clock-work that last half hour saw the market re-yank MCOM back below $14, so that it closed just off its low for the day. This does not bode well for it tomorrow. Indeed, the NAZ looks set to do another sub 3K adventure tomorrow, too. So all else being equal, and MCOM's decline line now sitting at......hmmmmm (taking out the straight edge and laying it on the chart I've pulled up on my screen)....approximately $12.5, I'd say that should the NAZ continue in its fashion, then so too will MCOM, probably by hitting that decline line. The saving grace? Since my prognostications these past 48 hours have been 180 degrees out of phase with reality, maybe MCOM will do the exact opposite! ;-) John~

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