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Technology Stocks : NewCom (NWCM)
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To: Cool Hand Luke who wrote (577)8/13/1998 3:53:00 PM
From: Billy Bob   of 662
 
Insider, what are you talking about. Anyone who says they know inside information is lying because the company does not talk. Remember, I am still buying the stock to average in. Everything you need to know about this company is public information. One reason the short position got so large is because the Dreyfus fund. People know that the manager of the fund was fired and being investigated. The fund is now being sued. Call Dreyfus and ask what the procedure is in case of a lawsuit with merit. The answer is sell out the fund. Short players knew this and wanted to front run the fund. The positive news is that Dreyfus is bring down their position to be not a factor. Many shorts probably were using that as a short covering opportunity. If they are still short the stock, it might be hard for them to cover short term. Remember, the short position can be used as an advantage for the stock. Over 1 million shares need to be bought back in. Cossack is sure and the hell not selling them mine.
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