Hey rrufff,
Before knocking Sir Auric, you should get your facts straight. So far, I haven't seen you contribute anything factual, just hype.
Some facts:
1. Metricom price change in past 3 months: -72.7%. Difference from the average for the Communication Equipment group: -38.40 pct.
2. Percentage of all stocks that Metricom outperformed: 3% Metricom price change in past 6 months: -46.9%. Difference from the average for the Communication Equipment group: -21.60 pct. Metricom price change in past 12 months: -81.0%. Difference from the average for the Communication Equipment group: -55.30 pct.
Looking forward, here are the facts, per the analysts who follow it, and it sure doesn't look good:
Metricom current price: $10.56 Metricom current multiple (P/E): NA Metricom average 12/2000 estimate: $-9.47 Metricom low 12/2000 estimate: $-12.72 Metricom high 12/2000 estimate: $-7.81 Metricom average 12/2001 estimate: $-18.70 Metricom low 12/2001 estimate: $-20.70 Metricom high 12/2001 estimate: $-11.85
More earnings estimates per Zacks.
Earnings Estimates Qtr(12/00) Qtr(3/01) FY(12/00) FY(12/01) Average Estimate -4.14 -4.25 -9.47 -18.70 High Estimate -3.35 -4.03 -7.81 -11.85 Low Estimate -5.20 -4.47 -12.72 -20.70 Year Ago EPS -2.51 -1.15 -5.13 -9.47 Growth Rate -65.14% -269.57% -84.57% -97.50% Zacks Industry: TELECOMM EQUIP
Zacks data updated daily.
Technically, MCOM has broken below all support, except it's 52 wk. low of 9.06 stockcharts.com
Aurics posts are correct, and for you to call him a 'friken moron' proves your ignorance. The facts going forward from both a FA and TA perspective are omninous at best. Perhaps, in the very short term, if there is an election releif rally, you may get a few points, but the future of MCOM does not look good.
Following Auric over the years, I will tell you he has been dead-on in his analysis more than just about anyone else on S.I..
In fact, when I went against him, being long SNRS while he was short the very day before the FDA rejected their PMA application, it cost me a small fortune. After that experience, I have monitored Auric's overall performance, and I would conclude that anyone who thinks HE is a moron, is at best stupid, and at worst, a total incompetent who should be considered as "mentally challanged" and not even be allowed to trade stocks.
Cheers, Skane |