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

To: vibaby who wrote (1561)	7/20/1999 10:37:00 AM
From: AJ Berger	Read Replies (1) \| Respond to of 3376

MCOM not falling fast enough some shorts may be covering, but they'll be back...

To: vibaby who wrote (1561)	7/20/1999 10:41:00 AM
From: rrufff	Read Replies (2) \| Respond to of 3376

Am I getting a correct quote? Did this really hit 37+ on a day that the shorts should be going nuts? Hmmm- I know this won't last today, NASDQ too weak. However, I think what I've been saying does ring true. This is not a stock that one wants to time exact moves based upon traditional TA. The few points that one may get if he times it correctly runs the risk of getting wiped out on a huge move like today. It is very tempting giving the volatility and I've had to stop myself at times. I wouldn't be surprised to see the MM wipe out all the shorts on their stops and then bring it back to even or down for the day depending on the market. Again, as I've been saying -- this is one to buy and put away as the VERY SMALL SUPPLY OF STOCK + INCREASING DEMAND AND AWARENESS FOR THE STOCK = POTENTIAL FOR CONTINUING HUGE RUNUPS. ALMOST NO PUBLIC STOCK AND THIS WILL DECREASE OVER TIME AS THE PRODUCT ROLLS OUT AND ANALYSTS START COVERING. Not a stock that one should be shorting unless one owns lots of stock in Bristol Meyers ( I think they make Pepto.)