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


To: Rich Wolf who wrote (2673)11/21/2000 4:46:59 PM
From: John Curtis  Read Replies (1) | Respond to of 3376
 
Rich: What you state is pretty much the reality for MCOM. Indeed, reseller WCOM is projecting to sell this product into all 46 metropolitan areas by the end of 2001. And once they get started in some of the big urban cores, like NYC, then things should get interesting in a hurry. Particularly since their focus is selling to the business community.

But therein lies the rub. The time between now and end of 2001. Currently MCOM has three major weaknesses which those shorting are exploiting. First, it hasn't roll-out "much" as yet, and their advertising in support of this has been.....well....to be kind, abysmal. Second is the telecom-wide financing debacle the market keeps nervously eyeing. Third, such access "helpers" as PCMIA's cards aren't available on a mass basis yet, and won't be until well into the first quarter 2001. And even if these devices are readily available now on a limited basis, who's gonna understand the use for them (see point #1)? So until all three areas are satisfactorily addressed MCOM is slow, easy game to short hunters.

And did I decide to short it at days end today, given this current slide? No. For two reasons. First, 90K ziggied through on the buy side in the final half hour. Granted this could be short covering, but it's the first time I've seen this in some time. Secondly, once a slide commences with MCOM it typically runs 5-6 consecutive days, and then bounces into a plateau. And given today was the 5th consecutive day of the current slide one could be forgiven for thinking MCOM is now due a bounce into a plateau....

Now let's see where it all goes tomorrow...

John~



To: Rich Wolf who wrote (2673)11/22/2000 2:21:57 PM
From: Sir Auric Goldfinger  Read Replies (3) | Respond to of 3376
 
Metricom Continues to Expand Its Ricochet 128 kbps Service in 11/21/0 16:34 (New York)-(Must read,
very important stuff! This service at these locations make this a MUST HAVE SERVICE!)


Business Editors and High Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Nov. 21, 2000--As part of its
ongoing efforts to expand Ricochet coverage, Metricom (Nasdaq: MCOM)
brought online five additional key Wired Access Points (WAPs) in the
following areas: New York City, Suffolk County (Long Island), NY, and
Westchester County, NY. Major locations now receiving Ricochet
coverage include:

-- Bronx, Botanical Gardens (oh great, I can sit outside and chew on mint leaves while I check email at 140kbs! You do know that there are 25 different types of mint leaves in the Herb garden section of the park including one mint that ha a chocolate taste (mmm, mystic mints) don't you.?
-- Manhattan, Upper East Side/Museum Row (Oh great, I can sit at JG Mellon and cruise Ebay while I am having a burger!)
-- Queens, Astoria (Oh goody I can read YHOO while having bachlava)

The West Babylon and White Plains WAPs represent Metricom's first
network penetration in the Suffolk County and Westchester County
areas, with service soon to come. To date, the Ricochet 128 kbps
network now covers a population totaling more than seven million in
the New York-New Jersey metropolitan area.
The Ricochet network consists of radio transceivers (Microcell
Radios) mounted to streetlights or utility poles, and Wired Access
Points (WAPs), which collect and convert the radio frequency (RF)
packets for transmission to the wired Internet Protocol (IP) network
backbone. The small radio transceivers are integral to the Ricochet
network, allowing users to send and receive data from Ricochet
wireless modems anywhere in a coverage area.

About Ricochet

At performance levels rivaling wired connections, Ricochet
provides mobile wireless access to corporate networks and the Internet
at speeds of 128 kbps and higher, with flat-rate pricing, always on
connections, and full access to all things Web. Available through
Authorized Service Providers, Ricochet sets you free from the office.

About Metricom

Metricom, Inc. is a leading high-speed wireless data company. With
its high-speed Ricochet mobile access, Metricom is making "information
anytime" possible-at home, at the office, on the road, and on many
devices. Founded in 1985, Metricom has spent more than 15 years on the
development of its distinctive MicroCellular Data Network (MCDN)
technology. That experience enables Metricom to develop the fastest
wireless mobile data networking and technology available today.
Ricochet has operated a 28.8 kbps service since 1995. The new
Ricochet, delivering user speeds of 128 kbps, is currently available
in nine markets and is connected to two 28.8 kbps service areas to
increase coverage for mobile professionals. Coverage will continue
expanding, and is targeted to reach 46 markets. For more information,
please visit Metricom at www.metricom.com

You guys have got to be fricken kidding! I mean whatdaf*ckind of a PR is this? This company is flying off a cliff leaving no skid marks and they are worrying about getting friken Botanical Gardens reception up and running! How ludicrous. And what is it with those billboard adverts all over town with that old dude who looks like Richardo Montoban running from a prop plane to hop into a Cobra with some hot babe at the wheel? Is he going to read his email while she roars him back to his penthouse suite? Can't he use his Palm or Blackberry for that? Or does he think he can compose a video en route and fire it off to London?

The real subliminal message is that the dude ain't getting off the Concorde, more like an old P-51 and he's getting into a 35 year old car that goes like a bat out of hell but can't corner for it's life. But both pieces of machinery are old and there is better stuff out there that has more usefulness and is waay cheaper and easier to use.

For you engineers out there, all that horsepower might be great, but is sure is a slim slice of the market. So with all of the dot.coms outta cash (ScooterBoy is BROKE) and investment bankers about be laid off like lemmings (what do you call an investment banker? Hey Waiter!), WHO THE EFF is gonna sue this service in any kind of quantity near the 14% coverage(that's 14 Million portables!) level that MCOM needs to break even on just an operating cash flow basis? This thing is T.O.A.S.T!