L Locutus of Board Diamond Member Dec 14, 1999 7,187 0 0 Feb 12, 2001 #4 'Cause it is SUCK 'Cause it is SUCK 'Cause it is SUCK 'Cause it is SUCK 'Cause it is SUCK Enough?
kranky Elite Member Oct 9, 1999 21,019 156 106 Feb 12, 2001 #5 1. This guy explains why the stock might be on the way to zero. 2. On Feb. 8, three brokers lowered their rating for MCOM. 3. The company says if they don't get more funding beyond the second half of this year, they won't be able to continue operations. Essentially, they are going to burn up half a billion dollars in the next 6 months. 4. In the last three months, they have lost over $3,300 for every single customer they have. I don't think 2 more reasons are going to matter.
1. This guy explains why the stock might be on the way to zero. 2. On Feb. 8, three brokers lowered their rating for MCOM. 3. The company says if they don't get more funding beyond the second half of this year, they won't be able to continue operations. Essentially, they are going to burn up half a billion dollars in the next 6 months. 4. In the last three months, they have lost over $3,300 for every single customer they have. I don't think 2 more reasons are going to matter.
H Handle Senior member Oct 16, 1999 551 0 0 Feb 12, 2001 #6 Are you implying it should be higher or lower anyway?