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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.01150.0%12:06 PM EST

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To: Rex Takasugi who wrote (406)10/3/1997 10:23:00 AM
From: Tim Kenney   of 3376
 
>Tim -- Have you heard anything more about the debt offering?<

The debt offering is supposed to get done early next week, but I have heard that institutional investors are not exactly ricocheting off the walls to get a piece of it. I used yesterday's closing rally to get out. On the basis of momentum, this could run up more, but it warrants careful watching and I am a terrible market timer (as evidenced by the stock having run up as much as another buck today). Good Luck to you longs. It is a great product.
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