Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (24897)	1/25/2000 7:20:00 PM
From: Johnny Canuck	Respond to of 68181

biz.yahoo.com Sierra Wireless' shares dipped C$4.25 to C$81 on the Toronto Stock Exchange in mid-afternoon trading before trading in the shares was halted. The company's shares have risen dramatically since their initial public offering at C$14.25 in May 1999. Investors' enthusiasm for the company's wireless technology exploded after Sierra signed a $30-million licensing agreement with Metricom Inc. (NasdaqNM:MCOM ) this past November. Metricom is 49 percent owned by Microsoft Corp. co-founder Paul Allen and 38 percent by MCI WorldCom Inc. In December, Sierra announced a $30-million multiyear deal with U.S. phone giant AT&T Corp. to supply the wireless network operation of AT&T with wireless data products. Investors viewed the deal as yet another endorsement of Sierra's technology.