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


To: rrufff who wrote (1496)7/16/1999 6:52:00 PM
From: rbarsom  Read Replies (1) | Respond to of 3376
 
It's a concept stock and it looks like it's concept is all dried up. Maybe it'll crash down to like 20.



To: rrufff who wrote (1496)7/16/1999 7:27:00 PM
From: Eski  Read Replies (1) | Respond to of 3376
 
Rruff,

Really my friend, can you read a chart, the trend is down some more.




To: rrufff who wrote (1496)7/16/1999 7:54:00 PM
From: KellyW  Read Replies (2) | Respond to of 3376
 
rruff, what? The stock dropped over $3.00 bucks today on less volume than yesterday, as I said it would. Monday, the volume will be the same or less and the price will drop even more. The run up happened.
It's over. It's on the way down.

Paul Allen and WorldCom mostly likely could not sell their shares. Warrants and preferred options usually have a fair time term. They have to hold their shares for a respectable length of time, usually a year. But if Paul could have flipped his shares at $50.00, after getting them for $10.00, he might have done it.