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


To: Sherman Chen who wrote (2813)11/30/2000 5:43:43 PM
From: mike cobble  Respond to of 3376
 
These analysts are pretty funny with price targets. Even 1/3 of the target would be a good return. Let's be realistic. So, $20 price target from $7, that's pretty good. It's silly for shorts not to cover around these prices, but it was silly to pay $100 for this stock and many others. Cover the short today, go long, sell near 10 or so, go short etc.... We're back to the same old market selling on strength 2300-2900 range. Now if the FOMC does something like lower rates, I sure wouldn't want to be short??????



To: Sherman Chen who wrote (2813)12/1/2000 12:49:10 AM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 3376
 
I highly doubt that. I give MCOM more credit than that...