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Technology Stocks : NewCom (NWCM)

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To: Cool Hand Luke who wrote (613)	9/8/1998 11:26:00 AM
From: WhipsawMcGraw	Read Replies (1) of 662

The company had a private conference call last week with the largest shareholders of NewCom. I was not on this call but heard it was created by NewCom to reassure the shareholders. Finally the company is getting involved. Forget the short squeeze. Once the financing gets done NewCom will be fine. Take care of the company and the shorts will take care of themselves. I hate the shorts in the company. However, NewCom did nothing while the short position was being created. If the company was concerned for the shareholders, they would have released more positive news or completed another road show. The company knew that this was happening and did nothing to stop it.

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