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

To: mike cobble who wrote (2624)	11/16/2000 12:55:17 PM
From: John Curtis	Respond to of 3376

$14? LOL! Yah, to me, too. But I want to see if $14 holds first. Island & Archipelago have been showing a rather leisurely "jaunt" of selling happening "out there" where MCOM is concerned. There's not much pressure, excepting someone keeps firing off a 1-2K round or two, recocking, waiting a time, then firing again. (Anybody got Level II up and can see what crew is doing this?) They're doing it as I write this now. Indeed, they're even back to the 1x1, 1x5 bid hammer on the uptick, so I expect to see the high $13's toot sweet as this appears to be the markets next move. So I'm going to see if I can get some below $14, in an average down fashion.... John~

To: mike cobble who wrote (2624)	11/16/2000 1:34:03 PM
From: John Curtis	Read Replies (1) \| Respond to of 3376

Mike: $13.625 x $13.688. The walk-down continues on just sufficient selling and tight spread to keep undercutting the situation. The interesting thing about this is there's very little selling sitting out there between ~$14.25 and ~$15.75. But right at the point of demarcation between buying and selling someone keeps firing and reloading, in that aforementioned 1x1, 1x10, 10x10, 1x5 style, juuuuust enough shares to keep the pressure on. Someone out there knows exactly what they're doing where MCOM is concerned. I'm about to put some money where my mouth is at this point, as this could be that low point for the day before they let up on the pressure. But I'm only doing a nibble because we still have that last half hour of the day to contend with.... John~