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


To: rrufff who wrote (1289)7/9/1999 4:33:00 PM
From: Eski  Respond to of 3376
 
Some of you folks can read Charts this Dog is way overbrought.
Monday will be even lower. It can go on like this for long.



To: rrufff who wrote (1289)7/9/1999 5:12:00 PM
From: Innuit  Read Replies (2) | Respond to of 3376
 
I think people sold today because those who recently got in don't want to be long over the weekend. If buying starts up again Monday, the shorts will have a lot of trouble buying and the MCOM price may soar. Those who have had this stock for a couple of years and sold some of their stock to protect capital are riding on their profits and in for the long haul.

If I were a short, I would have a sleepless weekend.