SAN JOSE, Calif.--Negotiations between Metricom and potential buyers of Metricom's Ricochet wireless Internet network continued Monday. The company was expected to name the buyers in a Monday bankruptcy court hearing. However, the continued negotiations have forced that disclosure to be delayed until at least Thursday and perhaps even later, according to a Metricom spokesman.
Metricom filed for bankruptcy protection earlier this month. Court records show the company is $1 billion in debt.