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Technology Stocks : NewCom (NWCM)

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To: sallyu who wrote (416)	4/28/1998 7:11:00 PM
From: convicted felon	of 662

What is Newcoms Asia exposure? Because the whole Asia issue seems to be a hot topic lately with earnings being missed due to Asia and the Asian markets starting to sell off hard once again I thought I would address any concerns. It is very simple, Newcom has absolutely zero sales to Asia. None at all, no exposure sales wise at all. They do though buy components in Asia and this has had a positive effect on their margins. Component pricing has been extremely favorable to Newcom, as well as other high tech companies, as currency and competitive factors have dramatically dropped component prices. I would expect a news release from the company addressing this in the very near future. Good Luck to all. PS to those following the stock picks I posted on Sunday here is a update. We will be covering the IPEC short position mid-day tomorrow now that the earnings came out after the close. If BEAM runs to the $8 + range on earnings tomorrow we will sell our long position. We will add to the JAKK position up to 50,000 shares under $10 in light of the extremely impressive earnings report out after the close. All other positions stay as listed in the last post.

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