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

To: rrufff who wrote (1331)	7/10/1999 1:28:00 PM
From: Tai Jin	Read Replies (2) \| Respond to of 3376

I am a realist unlike a lot of posters who basically fly on ego. I don't want to lose money but I also realize you can't always be right. I'll take 10 days like the last even with the huge loss on Friday. As a realist then you are only willing to accept a one day loss for every 10 up days? How long do you think it can continue at this rate? I'm sorry, but that just doesn't fit the definition of realistic in this universe. Did you just start investing 10 days ago? Please take a look at the historical chart for a reality check. Most shorts eeked out a 4 or 5 point gain tops and are now the world's experts on MCOM as well as trading. I think that is a great sign for MCOM and for a short squeeze. I've traded this stock pattern at least a dozen times before. MCOM is and will be no different. I agree that many of the short posts have been blowing hot air, but I could also say the same about the long posts. Believe what you will, the stock will go down the next few days. By the way, as an investor why aren't you buying at these prices? If you believe it is going to 60 then why not load up? How many true investors do you think bought in the 30s, 40s, and 50s? If the price falls below 30 then it would be obvious that no investor was stupid enough to buy at these prices. The momentum traders are the ones who have been driving up the price, and they are getting out now that the stock has lost its upward momentum. They are the ones who will also drive the price back down. ...tai