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


To: r.edwards who wrote (1952)1/7/2000 9:15:00 PM
From: rrufff  Read Replies (2) | Respond to of 3376
 
Most of your verbiage has been refuted. Most users seem to rave about the service even though it is only 28.8. Consensus is that it is close to what most of us get with our analog modems. Unfortunately, here in Boston, we are stuck with Cable and DSL-- Nobody I know has stayed with cable and those who have tried the cable red tape have gotten tied in knots. DSL is coming along and I have mine through Bell Atlantic. Even though the speed is advertised at many times R2, the real speed is not much higher. I'd trade it for R2 right now.

As for earnings -- don't expect anything. There are no earnings or significant revenue and there won't be any until the rollout. Everyone knows that and the stock is still moving up.

The float is so small as institutions want to get a piece of the action. When this happens the stock moves up quickly. Anyone who shorts this is positively nuts.

As the rollout continues, more and more end users will want to buy stock. They will be competing with the institutions for what is a ever decreasing float.