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


To: mike cobble who wrote (2523)11/10/2000 12:35:37 PM
From: John Curtis  Read Replies (1) | Respond to of 3376
 
Mike: LOL! "Flannel pajamas.." HEY! You got a hidden camera in my bedroom or WHAT!?! ;-) Anyway, I think both Rich W., and AG touched on the why behind MCOM not participating in a November rally (but.....uh......has there really been all that much of one so far?). That is, certain financial evaluations of the telecom sectors over-extended nature have cast a pall over everyone within it. This amounts to a hedge-funds delight. So this financial angst could be the main component in MCOM's fall from grace; along with LU's, and NT's, and WCOM's and......well, I can only think of one or two Telecom plays I'd recommend right now as being possible safe havens from this nastiness.

Anyway....but look, on a day the market continues to wail MCOM is actually not doing so bad....so far....yes it's down, but not by much when juxtaposed by recent days events. And volume has dropped through the floor. We could be looking at a potential bottom.

But as I've said before....be careful of the "got'cha's!" They be lurking around somewhere "out there." (Pssst...and did I tell you my middle name is Paranoid? ;-) )

John~