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: rrufff who wrote (3113)	2/11/2001 8:05:51 PM
From: Paul Smith	Read Replies (1) \| Respond to of 3376

You'll have to explain more. Explain how Metricom gets more money without issuing lots of shares at a really low price per share. There is no other alternative that I can see but perhaps I am missing something that you can point out. Please do not say that Paul Allen and/or Worldcon will just "loan" them hundreds of millions of dollars - they will not. They are not lenders - IF they put any more money in, it will be equity money. So I ask in all seriousness, how does hundreds of millions of dollars of new equity come into Metricom without the share balance ballooning? Also, if/when the share balance balloons, won't you own a much smaller piece of the pie? It is better than filing chapter 11, but still not really good. Don't worry about my time. Writing a total of three short notes to you has taken all of about 12-15 minutes.