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Technology Stocks : NewCom (NWCM)
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To: Bill Tholen who wrote (213)2/5/1998 2:01:00 AM
From: Mahin M. Samada  Read Replies (1) of 662
 
There was a major short position early in Jan. They started to cover at the beginning of this run. There wasn't enough cheap stock around for them to cover - thus the recent squeeze - - they had to buy whatever they could.

Hopefully we'll see some good news this week to help support this run up. Maybe the shorts have been shaken out - - otherwise we could be in for another dive.

go nwcm!
m.
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