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.

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

To: Rich Wolf who wrote (2605)	11/14/2000 7:21:22 AM
From: rrufff	Read Replies (1) \| Respond to of 3376

I don't think there will be any financing news in the near future. It's premature and not good business practice given the current market and price of the stock. Right now they don't need financing. Last financing was when the stock was at 87 and MCOM lucked out (in retrospect). At the time, there were some posters saying that 87 was a sweetheart deal (as the stock was coming down from 109). What a difference time and perspective makes. The key is the product and its acceptance. If this thing takes off, there will be no problem financing. It's chicken and egg and the company knows that. If the product has some problems and needs to be tweaked somehow, then there will be a deal with Paul Allen taking further action to salvage his investment. I do not think this scenario will happen and it is worst case. I have confidence from what I've read that the product works, will take a significant share of the market in time and that financing will not be a problem, either because of traditional banking and/or share price improvement.