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


To: Tom Hua who wrote (1225)7/8/1999 10:44:00 PM
From: Snow Shoe  Read Replies (1) | Respond to of 3376
 
Has the short squeeze happened yet? I don't want to miss it.



To: Tom Hua who wrote (1225)7/8/1999 11:05:00 PM
From: bak man  Respond to of 3376
 
Shorting MCOM is crazy. It's on its way up because of future revenue potential. Remember in 2001 when a Nokia, QCOM, Palm Pilot and Laptop users want true HIGH SPEED Wireless connection, the only game in town (I should say National Network)will be Metricom. All the competition so far like the old outdated wireless system from Bellsouth which the palm VII is using is nothing more that a fancy pageing system that goes at 9K. Good luck surfing the web on that system. This in not a SATH or EFAX. Look at it this was, if half of these stupid internet stocks that loose money, don't have a unique product (ie another portal site, web community or Bookseller) deserve prices in the 100's, what should MCOM be at? Sure there will be dips but mainly this is on its way UP!

I welcome responses and good luck to everyone.



To: Tom Hua who wrote (1225)7/8/1999 11:19:00 PM
From: byhiselo  Read Replies (1) | Respond to of 3376
 
Momentum yes, sustainable no

hard to find shares to short so squeeze may continue.
Options expensive but July 40 puts worth a look around 2 1/2
which give you 5 days for it come back to low 30's for 200%
gain. Looked both ways and bought some at the close today.

Cheers