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


To: rrufff who wrote (2506)11/9/2000 7:26:18 PM
From: mike cobble  Read Replies (1) | Respond to of 3376
 
The fun part about investing in MCOM is the daily volatility, the price changes either direction on a whim without much pattern except that it usually trades up at open off the close, except today. The fun part about reading this thread is the Mr. T(like) responses from SAF (remember Mr. T on TV? The one thing that appears certain is that SAF appears in this case to be echoing short term thoughts of Wall St., why else would the stock price be acting weakly. I only hope his $10 projection holds, better than seeing a cover price of $6, thus the bottom seems close, upside appears great if all cylinders fire. The tech seems awesome, but the burn rate is of concern to WS. thanks.