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

To: fp_scientist who wrote (2457)	10/20/2000 2:39:35 PM
From: rrufff	Respond to of 3376

I agree with you and the action is supporting your statement. (It may just finish near 22 1/2 strike). I did say it was a long shot to 25 and I think it would have gone there with a big move by the market. Of course, you never know what might happen with a strong close. However, given there should have been profit taking, a bad day in the Middle East, the momentum has changed for both the market and MCOM. I'd only be concerned with a close under 20 and I know the shorts desperately want it there. Unless external factors come into play, I think MCOM can see close to 30 next week. Don't forget it was 42 a month ago. Good luck.