METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.00600

+15.4%

Dec 4 2:45 PM EST

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To: rrufff who wrote (2764)	11/28/2000 12:05:07 PM
From: John Curtis	Read Replies (1) of 3376

I'm still holding, although I almost pulled the trigger on that run down to ~$9 1/8. The funny thing about that is 1-2K blocks kept popping up on the sell side, driving it downwards, but as soon as ~6K popped up on the buy side MCOM reverses course and heads back higher. Funny, eh? I smell someone doing a "test." Speaking of which, they're still doing the 100 share uptick "wiggle the flag" before nailing the bid on the subsequent down-tick. So I also smelled a coordination of said test. HEH! So it goes... Anyway, away from MCOM and towards the market in general it looks like the NAZ is set to break some key support levels, which continues to mean further future bad things for it. I'd say at this point you can forget an end of year rally. Indeed, the old pattern of year end rally straight into ~February of the new year looks to be a tenous proposition at best. Good thing I, too, am sitting on a nice percentage of cash, which I can use to advantage during these trying times. But speaking of "trying," I've got to step out this afternoon so keep the 'ol MCOM "seat" warm for me. Here's to it holding above $9.25 for the day..... John~

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