METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.00520

0.0%

Dec 3 10:24 AM EST

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To: Rich Wolf who wrote (3300)	5/24/2001 11:43:08 AM
From: Sir Auric Goldfinger	of 3376

Uh dude, ya sound a bit bitter, but given your losses, that's understandable. The pikers on this thread have lived in denial the entire time. FYI: When one has 68% gains in a six month period (as our affililate did per the Forbes stock picking contest-didja notice he beat Byron Wien of Morgan Stanley?!?), one does not give up the short. While one may box the short, the tactic of delaying taxes for a year far outweighs the negligible cost of financing a boxed borrow. So the answer is yes, we still have the borrow. As for the large short interst, well perhaps our astute analysis has not escaped notice by others. This one is a BK! Seen how much cash is left versus the burn rate? Think Paul Allen is gonna save ya? At best, he dilutes the livin' crap outta you. Someday you'll wake up and learn that debt is a VERY BAD thing for most tech companies and deadly for those that do not have positive cash flow. Back up your Tonka truck and buy more, I need the upticks.

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