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

To: E_K_S who wrote (611)	2/2/1998 10:49:00 PM
From: Javelyn Bjoli	Respond to of 3376

3rd generation cellular will be out worldwide starting in 2002...MCOM had better start deploying in a big hurry if they want their user base to be big enough not to get swamped. At data rates of 144kbps (moving) to 2Mbps (stationary), it will blow MCOM away...if the packet charges are reasonable. techweb.com

To: E_K_S who wrote (611)	2/12/1998 11:13:00 PM
From: E_K_S	Respond to of 3376

Metricom Announces Fourth Quarter 1997 Results....it look's like METRICOM INC beat expectations.... From Briefing.com (http://www.briefing.com/schwab/earncal.htm) MCOM Actual Zacks Yr-ago Revenue -0.95(a) -0.93 -0.96 142.9% biz.yahoo.com From the article: "...Metricom reported revenues of $3.8 million for the fourth quarter, up from $1.5 million for the same period in 1996. The company reported a net loss for the fourth quarter of $16.6 million, or $1.21 per share, compared to a net loss of $13.0 million, or $0.96 per share for the same period last year. The Dec. 31, 1997, loss includes a one-time charge of $3.6 million to write-down inventory related to older Ricochet subscriber devices. Without this charge, the net loss would have been $13.0 million, or $0.95 per share...." ====================================================================== Do we buy more at these levels? The stock still seems a bit high to me based on fundamental valuation. The selling continued today at higher than normal volume....I think we continue to go a bit lower before any longer term rally. EKS P.S.(Maybe Rex has an opinion?)