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

To: AJ Berger who wrote (1494)	7/16/1999 2:21:00 PM
From: AJ Berger	Read Replies (1) \| Respond to of 3376

I'm short once again at 36-1/4 whatever conf. call they may have had, obviously was of little consequence. I think a lot of longs may reflect on holding much beyond this point, and the few remaining shorts are more determined not to cover until they are right. so we should be in the $20's by Tuesday with no surprises. I'm actually more nervous about all the Semi positions I have over this weekend, while China and Taiwan can't play sandbox.

To: AJ Berger who wrote (1494)	7/16/1999 7:47:00 PM
From: KellyW	Read Replies (2) \| Respond to of 3376

AJBerger: Excellent summary! But, there will still be some who think MCOM will be a "ten bagger" from here, like ViBaby claimed. It just ain't gonna happen. What's going to happen is something like $17.00 per share. Then it's worth bet on the long side. Sure pure-play internets have a lot of premium built-in, but MCOM is really a hardware infrastructure play. It is not a pure internet play. The costs and risks associated with the hardware rollout are significant. I am in the black about 15K already on this one. I still think it will give way plenty more by end of next week. As I said yesterday, the longs on this thread are the kind that will hang on and it's gonna be a slow, blood letting. Your money slowly drains away....the stomach churn begins because your instincts are saying, "sell", but you don't for fear of taking a loss. Then the stock price drops even more. Further, more painful bloodletting. Finally, you capitulate your shares and take a heavy loss as MCOM rubs up against $20.00. It's gonna be horrible to listen to...