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


To: rrufff who wrote (1314)7/10/1999 1:05:00 AM
From: Tom Hua  Respond to of 3376
 
Many shorts have used the scare tactic that he purchased at ten bucks and will sell soon as if he were a daytrader. LOL

I don't believe any shorts made the statement that the Vulcan fund would sell soon. Can you point me to a post of that nature? Or are you just making that up? In fact, the new convertibles at $10 a share haven't even been issued to Vulcan and MCI yet.



To: rrufff who wrote (1314)7/10/1999 1:16:00 AM
From: heronwater  Respond to of 3376
 
>>Anyone, the key factor that many shorts are missing is the presence of Paul Allen and what MCOM means to him.<<

Oh gee whiz, Paul Allen AGAIN! Why not wave a red flag "short me PLEASE"? The mere mention of the name Paul Allen runs these stocks up to a ridiculous valuation. Seems Paul Allen involvement is gravy twice a week for shorts to make money on. If only Paul Allen would take the CUST tour next week and send that POS to triple digits! I would literally mortgage the farm to raise enough margin to short the hell out of it.

If Paul Allen was a fund manager, how many would put their money in his hands, given some of the investments he has made?



To: rrufff who wrote (1314)7/10/1999 1:22:00 AM
From: Tai Jin  Read Replies (1) | Respond to of 3376
 
I wouldn't call it goofy. My prediction is based on experience and historical fact, and we all know how history likes to repeat itself. Hey, I may be wrong about the exact numbers, but I'm willing to bet that my prediction is closer to the way it will play out than not. And as an investor I don't know why you even care what the stock does this week or next. You should be concerned about the future (MCOM won't be profitable for quite some time). The tendency for longs to get defensive when their stock goes down is an indication that they are insecure about their investment.

What investors don't realize is that shorts don't fall in love with stocks like the longs do. Shorts understand short term stock behavior better than investors do, and we recognize a momentum play when we see one. This is a momentum play and it will behave like one - all your talk won't change it. It is easy to be blinded to the reality of the situation by the incredible run of the past week. But any investor worth his salt knows that a stock doesn't go straight up.

I feel like I'm here to educate, but if you don't care to learn then you can pay the price.

...tai