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

To: Paul Smith who wrote (3114)	2/11/2001 8:27:44 PM
From: rrufff	Read Replies (2) \| Respond to of 3376

They have been talking to lender/participants - that's the buzz as well as the info from the past couple of conference calls. PA will be involved. As I said, it looks like a bit of internal power struggle. I don't believe it will be an equity deal. The share price is too low. With PA involved, one way or another, it will ultimately be a loan with an above-market warrant. That's my guess. Follow the money. To PA, this is a drop in the bucket. It's also a central cog to his wireless world. CC indicated that VV actively involved with management. As I said before, the rest is speculation. I've lived through the same FUD when I first bought for 5 over 3 years ago. I also went through the same thing when I bought AOL about the time they were getting trashed. Remember when they were getting sued for busy signals. I figured if everyone wanted in, I would buy a ton. I think my split adjusted basis on aol is 2. Along the way, I've traded and retraded both aol and MCOM. I still love the FUD sters who come in at the bottom. They don't believe they are just as bad as the hypesters at the top. AOL - same thing as MCOM. I lived through cries of "going under", "outdated technology", "slow", "internet will kill it", "proprietary", "no financing", "will never see a profit." If you don't believe me, check the AOL boards 4 years ago. I'm not saying MCOM will be AOL but I see similarities. A lot depends on the market and I think we are near a bottom. Anyway, I don't think either one of us is saying anything new. I think they get financing at reasonable terms and stay in business. I'm long here. 4 1/2. Let's see where we go from here. I've got you down for a closet short at 4 1/2.To me that's another bottom shorter. Just my opinion. We all have our bad days. I see yours is BILL (or whatever it has become lol.) I bet that one goes under before MCOM.