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


To: Sharon A. Gray who wrote (2922)12/13/2000 11:14:59 AM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 3376
 
For those who are technicians out there MCOM is setting up EXACTLY as it did in 10/19, 10/20 & 10/23: Two big up days, reversal day and then logrithmic downtrend. And while certain people who shall go unnamed try to point out that the facts are not being disussed here, that is one sided as I have presented the facts of the debt load, the high cash burn, the operating problems and the lack of a telecom capital markets. Fact is MCOM goes off a cliff leaving no skid marks: they are at LEAST $400 Million short til cash flow break even.