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

To: AJ Berger who wrote (1278)7/9/1999 2:36:00 PM
From: Tai Jin  Read Replies (3) | Respond to of 3376
 
I would expect a gap down on Monday. The people who bought yesterday will panic and sell at the open since they are now in at a loss. Basically, every day that it closes below the open of an up day there will be panic selling by those people who bought on the up day. My target is 29 before the end of next week. A maxpain analysis of yesterday's options data actually suggests a much lower price, but I think 29 is more reasonable.

...tai



To: AJ Berger who wrote (1278)7/10/1999 12:44:00 PM
From: ynot  Respond to of 3376
 
aj, i was hampered by ATHM being down and placed my $55 sell too late
i covered part of my position for 6 points, waiting for $55 oooooops
Tom is right, when we get to 'normal' volumes it will trade in a much lower range
my view however is different that Tom's
i guess between $8 and $14
we'll see
ynot ;)

PS
adsl order in
ATHM is history


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