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

To: Robert Rose who wrote (2056)	1/28/2000 9:09:00 PM
From: silversoldier a/k/a SI Sy	Read Replies (3) \| Respond to of 3376

Switching subjects from the technical aspects of wireless communication to the financial, it would be appreciated if knowledgeable persons would comment on the latest news that appeared at about 6:30 PM EST today. It was announced that MCOM had filed to sell, from time to time, up to $500,000,000 in common stock and warrants. It is my recollection that recently, within the last two months or so, MCOM filed to sell 5,000,000 shares of common, without indicating a specified amount of proposed proceeds from the sale. I would believe that the two filings are related but, as yet, have not tried to research the two SEC filings to confirm. Apparently , the presence of warrants as well as the unspecified time period may make calculations difficult, but it would be interesting to hear what more sophisticated persons than I am believe the possible scenarios to be, given the foregoing background.