SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : METRICOM - Wireless Data Communications -- Ignore unavailable to you. Want to Upgrade?


To: Snow Shoe who wrote (1097)6/24/1999 10:38:00 PM
From: Ed Don  Read Replies (2) | Respond to of 3376
 
No one would make a $600 million investment for 60 million shares of stock unless they are in for the long run and expect to make their investment back many times. Any paper profit they have know is uninteresting to them because who are they going to sell their shares to.

This company has a very small float so the number of potential shares outstanding is unimportant. Wireless is hot right now and this stock could go substantially higher than it is now.