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

To: AJ Berger who wrote (1164)	7/6/1999 12:21:00 PM
From: ynot	Read Replies (1) \| Respond to of 3376

thanks, 50% position, can do the same tomorrow probably before 12:30 as the folks buying on their lunch breaks will be chowing down by then ynot ;)

To: AJ Berger who wrote (1164)	7/6/1999 1:31:00 PM
From: rrufff	Read Replies (2) \| Respond to of 3376

With all due respect, this is one I wouldn't short at any price. I'm not saying it will go straight up or there won't be some opportunities, but you will have to hit it perfectly. There is very little stock to short. Public owns some part of the 13% not owned by WCOM and ALLEN. This is being reduced as institutions gradually come on board. Even an inflated price won't stop further rise if there is demand and no sellers or very few sellers. This could absolutely go down a few points. At each downturn during the past few days, more buyers have stepped in. Unless you time it perfectly, you might get burnt on a huge move up.