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

To: rogermci® who wrote (1238)7/9/1999 8:17:00 AM
From: rrufff  Read Replies (1) | Respond to of 3376
 
As I've warned in the past, shorting this is possible but you have to hit it exactly right on both ends. Weigh carefully your risk vs. reward in charging the raging bull.

The key equation is not value here. It is

NO SUPPLY + INCREASING DEMAND = HUGE RUN UP.

Today - news of being named to Russell list will start further buying and analysts coverage.

Here's an early one.

He says 60 in 12 months. He may be right today. lol

quote.bloomberg.com



To: rogermci® who wrote (1238)7/9/1999 9:55:00 AM
From: Tom Hua  Read Replies (1) | Respond to of 3376
 
Roger, I added 10% at 54 11/16. More to come.

Regards,

Tom



To: rogermci® who wrote (1238)7/9/1999 11:55:00 AM
From: Keith Lenart  Respond to of 3376
 
MCOM is still overvalued by at least 50%.... We'll see sub 30 prices by sometime next week for sure.

It's amazing how these things work like clockwork -- huge run-up... longs in denial saying "its going to the moon". Geez, this company has YET TO TURN A PROFIT, people! Take what money you have left off the table and be thankful.


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