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Technology Stocks : NewCom (NWCM)
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To: Stefan Gruenwald who wrote (251)2/10/1998 1:51:00 PM
From: wlheatmoon  Read Replies (1) of 662
 
Yikes

Even with the stock climbing, traders in warrants are taking their profits. Oh, well, got an order to pick up more at 5 if it gets there.

I think the warrants will trade in 7's again soon.

No shorts covering yet, unless they're doing in small chunks. No major covering done with the low volume and minimal price changes. Will be interesting to see what the short number is in tomorrow's WSJ.
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