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

To: who cares? who wrote (3030)1/10/2001 6:02:50 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 3376
 
YHOO screws the pooch! These pikers will get margin calls on their YHOO and be forced to sell their sacred MCOM...



To: who cares? who wrote (3030)1/11/2001 12:12:16 AM
From: Sherman Chen  Respond to of 3376
 
CMB, good question. The WCOM deal specifies that WCOM can reduce payments or cancel the deal if deployment is delayed by 12 months. What the terms of the reduced payments are is not spelled out. MCOM does have the money to finish Phases I & II, so buildout of the network is critical right now.


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