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: mike cobble who wrote (2645)	11/20/2000 9:34:17 AM
From: John Curtis	Respond to of 3376

Good news, but bad timing as once again the telecom sector, because of Morgans downgrade of JNPR, looks set to jump out the window. Aided and abetted by the ORCL situation. Even so, I'm coming around more and more, particularly based on its performance these past few days in such a weak market, that it may be about wrung out. Still, the market is more nervous than a cat in a room full of rocking chairs, so let's see if market forces (heh) continue to play with this equity in the by now usual "1x1, 1x2, 1x10, 5x6, hit the bid on every down tick" fashion. John~

To: mike cobble who wrote (2645)	11/20/2000 4:13:05 PM
From: John Curtis	Respond to of 3376

Mike: Well I jumped back out here at the last minute on my nibble gleaned today, and took a small loss in doing so. The market is just out of control. And market forces aren't even providing the semblance of a pattern for any number of equities right now, not the least of which is MCOM. It's all total selling reaction with nary a buyer to be found, literally all across the board (with a few exceptions). So now I'll stand here and see where MCOM goes tomorrow. Given it's back nailed to its decline line, and is continuing to lose ~10% on average per day....well...without dint of major news out of either them, or the political factions that basically hold sway over market forces right now......hmmmm....this equity could see single digits by Friday, if not Wednesday.... And if it gets down into the singles, then I'll be jumping all over this one and putting it in my long term speculative holdings trunk and looking at it again come end of next summer. John~