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

To: trung nguyen who wrote (1232)7/9/1999 12:53:00 AM
From: Jon K.  Read Replies (1) | Respond to of 3376
 
Thanks Trung. If that is true, today's 8 million trading is pretty incredible.... day traders must be churning this stock dozen times a day.



To: trung nguyen who wrote (1232)7/9/1999 1:47:00 AM
From: Glenn Petersen  Read Replies (1) | Respond to of 3376
 
The 19.0 MM shares that are currently outstanding have not been adjusted to reflect the investments from Vulcan Ventures and MCI/Worldcom. Per Yahoo, there are only 7.6 MM shares in the float.

biz.yahoo.com

In response to the post immediately preceding yours, Vulcan Ventures and MCI/Worldcom are injecting $600.0 MM into the company. There will be no immediate need to sell any additional shares.


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