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Technology Stocks : METRICOM - Wireless Data Communications -- Ignore unavailable to you. Want to Upgrade?


To: vibaby who wrote (1159)7/5/1999 11:38:00 PM
From: LABMAN  Read Replies (1) | Respond to of 3376
 
letter from the CEO

What's New

Executive Officers

Investor Relations

Press Releases

Business Partners

Careers at Metricom

Right of Way







Letter from the President and CEO

Previous Letters:
May 20,1999
April 16, 1999
March 12, 1999
February 1, 1999
December 23, 1998



June 30, 1999

To Metricom Stakeholders:

Excitement and a lot of fireworks. I'm not talking about the upcoming 4th of
July celebrations, but the enthusiasm at Metricom as we announced our new
partnership with MCI WorldCom and increased endorsement from Vulcan
Ventures resulting in $600 million to deliver on our promise of nationwide 128
kbps mobile data service. If you'd like to review the announcement, please
visit our news section.

Of course, we didn't take too much time to celebrate as there is pressing
work at hand. In June, we finished the alpha phase of testing and invited 250
customers to put the 128 kbps service through its paces in a beta test.
Already during the Beta testing, we have seen many positive comments and
have devoted part of our web site for chronicling the 128 kbps progress. We
expect to exit this testing at just about the time we wrap up ROW activity
granting us permission to hang equipment in our first 12 markets. We expect
to begin physical deployment later in the year, test these parts of the
network, and go live by the middle of next year.

Once that is complete, we start the second wave, then the third until we have
46 markets covered by mid-2001. As the service become available, it will be
sold through MCI WorldCom and other distribution partners. In this way, we
can concentrate our efforts on our core strength - designing and operating
digital networks for mobile users. Our partners gain a valuable new component
to their portfolio, allowing users to have fully functional wireless access to
corporate and personal information from anywhere they need to be.

We are "full speed ahead" at Metricom and encourage you to check back
often to monitor our progress. We also want to take a moment to thank you
for your faith and support as we push forward with our vision of a nationwide
high-speed service that will revolutionize mobile data services.

Until next time,

Tim

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To: vibaby who wrote (1159)7/6/1999 11:43:00 AM
From: rogermci®  Read Replies (1) | Respond to of 3376
 
That's what a lot of people are doing. The momo's got this now..small float, lots of daytraders. I think Mr. Berger would even agree that there's some hot air in this number now. Don't think, just buy. That sums it up.

roger