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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.006000.0%Nov 26 3:03 PM EST

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To: rrufff who wrote (2836)12/2/2000 5:45:07 PM
From: mike cobble  Read Replies (1) of 3376
 
Diversification,

Yes that's great as long as you don't diversify in tech. :o) Recession: That word would have never been a topic of conversation last year with possibility of happening about 5%, I think that has moved up to a real possibility of over 15% currently. The unemployment statistics this following week will drive the FOMC meeting on the 18th. I think MCOM has some wonderful news behind and in front of them, but the $$ burn rate and lack of earnings in 'build-out' spending, allow certain forces to 'manipulate' the share-holder value of this company. This often-times is a very difficult issue to overcome. We know the technology is amazing, implementing is the key. Will we be a microsoft or an apple? (both sound good)
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