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

To: RMiethe who wrote (1357)7/10/1999 11:52:00 PM
From: Lionel Parker Perkins III  Read Replies (1) | Respond to of 3376
 
Don't rely on an analyst making a recommendation on this stock. Look it over yourself. This stock has got to show earnings. Not the potential for earnings and to keep burning through cash. Take some profit now on this nice but early run up in the life of this stock and then buy back in at a lower price. This is just my opinion. Look at it this way, you missed the chance on Friday to sell this stock in the mid 50's and buy back in at the low 40's. Use the price swings to your advantage. Good luck.



To: RMiethe who wrote (1357)7/11/1999 1:53:00 AM
From: ynot  Read Replies (2) | Respond to of 3376
 
my broker was getting a recommendation on MCOM on Friday before the open that went like this 'crazy to short'...guess what happened?

i will also note that there was no screaming buy from the same analyst, either below $8 or anywhere up to $36 7/8 near the top Wednesday and my first short position

i respect a clear statement from a long or short before an analyst

but that's just my opinion
ynot ;)


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