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


To: KellyW who wrote (1502)7/16/1999 8:19:00 PM
From: Tom_  Read Replies (1) | Respond to of 3376
 
Re: today's price (and volume?) drop.

Hi Kelly!

I'm not absolutely certain a price and volume drop on an options expiration day would be much of an indication of anything at all. I think folks might tend to shy away from buying in on an expiration day. I know I would. (And, in any case, Yahoo Finance is showing a volume larger than yesterday's.)

JMO. <g>

Best wishes,
Tom
(no position at present)



To: KellyW who wrote (1502)7/17/1999 9:26:00 AM
From: rrufff  Read Replies (2) | Respond to of 3376
 
With the hope that this board does not become like the Yahoo board, I am responding:

With all due respect, your comments about Paul Allen and WCOM makes me think you really have no clue about their intent. They are not daytraders like you looking for a few points. They won't sell tomorrow if it pops to 100. (Now don't get out the Pepto, Mr. Short.) Even if their shares were fully traded, they put $600 million in this as part of a larger business plan.

They are not selling. This is a business to them.

Key here is less and less stock will be available. I'm not saying today or tomorrow but I wouldn't be surprised to see Monday as a day where those three points will be back in the plus side.

What I am saying is outside of the many many shorts (which I love and cherish as they all will have to cover when the margin crunch or the shares are put into cash accounts), the posts I love the most are those satisfied users.

I don't think I've read a negative post from a user. Having bought AOL when it was being trashed, it was real tough staying long with users telling how terrible aol was.

This one is a lot easier to hold.

As it rolls out in each city, these users will become long term shareholders.

Net result Bottom line FOR THE STOCK.

SHRINKING VERY LIMITED SUPPLY + GREATLY INCREASING DEMAND = POTENTIAL FOR MANY HUGE RUNUPS OF PRICE OF THE STOCK.

This is not a stock I'd even dream of shorting.