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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.00520-13.3%Dec 1 3:02 PM EST

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To: Herc who wrote (2753)11/27/2000 4:10:11 PM
From: John Curtis  Read Replies (2) of 3376
 
Though my research has not been exhaustive, I haven't found any mobile wireless internet service that's faster than 14 KPBS or abbreviated internet with hand held devices. In other words, useless....

And that just about sums it up. Nobody else is anywhere close to what MCOM is now setting about offering. But still, they're just in the early throes of network development and building a subscriber basis via the reseller and direct market mechanisms others have spoken about here. As such they're still mostly story. And if there's one thing the market doesn't like right now, it's a story. This combined with nervousness over possible financial travails, even if these travails are still outwards of 6 months from even being worthy of true consideration, leaves us with what we're now observing. The market wants to see the money. That's just the way it is, and is one reason MCOM has fallen so radically from its former glory highs.

Still....if you love to speculate (like me), MCOM presents a compelling possibility at this level. Just don't bet the baby's milk. Oh...and Rr...looks like we're now set for an opening pop tomorrow. ;-)

John~
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