METRICOM - Wireless Data Communications Message Board

To: Stephen Ettorre who started this subject	11/20/2000 11:25:46 AM
From: John Curtis	Read Replies (2) of 3376

Dow down ~151. NAZ down ~141. MCOM down to ~$12.25, and I see on Island and Archipelago that there's absolutely zero selling until $13.25. At least...for now. Also, it looks like once again a "crack back" block of ~70K shares sold cut the knees out from under MCOM, submarining it to where it is right now. And that is, damn near back nailed to its decline line which was started at $40.... Soooooo......I've just used the last of my speculation "set aside" monies on MCOM at ~$12.30, just based on the dearth of selling currently being observed. Now let's see where market forces take it from here....maybe I can make a quick point by this afternoon.... If not...I'll hold it for a time. Anybody else out here? Or is everyone else face down in the mud at the bottom of respective foxholes, trying to survive this market angst driven blitz of a shelling? ;-) John~