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Technology Stocks : METRICOM - Wireless Data Communications
MCOM 0.00810-32.5%2:41 PM EST

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To: dougjn who wrote (479)10/18/1997 7:16:00 PM
From: MR. PANAMA (I am a PLAYER)   of 3376
 
Dougin you sound as though you have been short this stock and had to cover....lets keep one thing in mind...P Allen has shown a great interest in this company of late...whatever you and I think about their technology means nothing if he (GOD) wants to buy more and more stock....it is that simple....shareholders have limited downside ....there are many others that feel the same way and are probably slowly accumulating this stock...it is very difficult to pick up blocks of this stock even on down days so those who are acquiring the stock are forced to go to the real mkt and not one other holder...this is reducing the true tradeable shares...maybe i am wrong but i bet we will see 20 sooner than later...if the tech stocks did not take such a horrific pounding we would be there by now all other things being equal i am sure....
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