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Technology Stocks : NewCom (NWCM)

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To: WhipsawMcGraw who wrote (621)9/16/1998 7:01:00 PM
From: Ralph Ulisse   of 662
 
WhipsawMcGraw -

You're a hard person to figure out. I think you're a little confused regarding investing. You mentioned earlier that you sent Titan Capital $25,000 to invest after a conversation with an individual from their firm. Let them handle your money if you not willing to stomach the roller coaster. It's obvious you're talking to someone (probably at Titan) with 50% of the right information, but are uncertain regarding your investment in Newcom. If you're not satisfied, sell your position in Newcom. I think that would be a mistake and think you should weather the storm. You're posts only state 1/2 truths, and require much more homework. My advice, be a silent observer, you're not adding much to the overall picture.

And as for you question. Probably, all of the above. Shorts, margin calls, and frustrated individuals wanting out (probably you, in a week).

Long means long. If you like the company, average down, and don't look at it for a couple of weeks. Have your broker/manager from Titan update you regarding any important developments.

Remember the definition of PANIC, or do you want me to repost?
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