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


To: Richard Chow who wrote (586)12/29/1997 8:58:00 PM
From: StaggerLee  Read Replies (1) | Respond to of 3376
 
FUN FACT: Based on most recent financials, MCOM has the 30th highest debt to equity ratio (30:1) of any publicly traded stock in America.



To: Richard Chow who wrote (586)12/31/1997 12:15:00 PM
From: Rex Takasugi  Read Replies (3) | Respond to of 3376
 
<< Thanks for your post. What do you make of Vulcan's emphasis on next-gen technology as opposed to growing subscriber base? >>

Hi, Dick!

As I mentioned in my previous posting, I think Vulcan's strategy is positive long term, but negative short term. The stock price is reflecting that, I believe.

I doubt that there will be much information coming out of the company till after the special meeting.

For those who requested my special excerpts from my newsletter recommending a buy on MCOM on 9/15/97 and a sell on 10/17/97, be advised that I have not yet seen a technical buy signal on MCOM. However, I think we're getting close.

Happy New Year!

Rex