METRICOM - Wireless Data Communications Message Board

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Technology Stocks : METRICOM - Wireless Data Communications

MCOM 0.00700

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Dec 5 9:30 AM EST

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To: Tom Day who wrote (813)	6/26/1998 6:40:00 PM
From: Tom Day	Read Replies (3) of 3376

Annual Meeting this morning. Traders with a 30 day or 300 day horizon will still want to stay away. For a 3 year horizon, MCOM might have a good payback. Autobahn will be demo'd next month on Wall Street. SFBayArea will see a partial deployment next spring. By the start of 2000 they expect to have Autobahn deployed in multiple cities. (Overheard: there'll be 14 cities). Tomorrow they are meeting to strategize about raising additional capital. On the engineering front they are researching smaller modems, maybe PCMCIA with the antenna sticking out. One difficult problem with such a device is engineering the electrical power. If it has no battery of its own, it could suck the laptop or palm-sized computer dry. Cheaper modems are also being worked on. Soap Opera Stuff Ex Prez Dilworth spoke first, announcing his about-to-be-certified move to board member. He named the 3 new board members, tripping over the word "myself". New Prez looks clean, seems to be plugged in already. Dreisbach speaks well when answering questions, but prepared remarks are heavily laced with "ah"s placed well back in the throat, an ugly sound if there ever was one. He got off one good howler: "We're the most mobile socitey in history." Anyone heard of nomads or gypsies? Back to business. Dreisbach finished the formal part of his talk with What Can You Shareholders Do? (that's not exact). I liked that. He encouraged us to proselytize, and thanked us for our patience. For these times and that audience it was an appropriate message. The meeting lasted an hour.

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