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


To: tsunami who wrote (1218)7/8/1999 1:54:00 PM
From: AJ Berger  Read Replies (1) | Respond to of 3376
 
MM's must be selling some inventory

they probably figured they could squeeze
us with any lunchtime coverage that did
not come. I'd still be looking to cover
before 3pm today, as longs are still too
confident while MCOM maintains it's
gain for the day.



To: tsunami who wrote (1218)7/8/1999 1:54:00 PM
From: rrufff  Respond to of 3376
 
I don't think one can compare Ktel and MCOM, with all due respect. There has been a bunch of flames on the Yahoo board to that effect. It would be like comparing Yahoo or EBAY to MCOM.

This is unique story with no real history so charts don't really fly.

You will have pull backs and right now mid-46 may be a good time to cover. I wouldn't want to short it here.

The reward to risk ratio is just too lopsided in favor of the longs.



To: tsunami who wrote (1218)7/8/1999 3:44:00 PM
From: tsunami  Read Replies (1) | Respond to of 3376
 
<MCOM>

got out with a loss @ 49.

It might rocket up or down from here. I could not give a meaning to
to its trading. Might need a blowoff top action to wipe out all the
weak shorts before crashing.

good luck all!
t