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Technology Stocks : NewCom (NWCM)

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To: trenzich who wrote (407)4/24/1998 6:20:00 PM
From: convicted felon  Read Replies (2) of 662
 
Sorry you lost money Trenzich, Dont Lie you lost money. The stock has gone up since I talked about it in the $12 level. Watch out next week everyone, the new short interest just came out after the close today and it is 889,252 shares up from 787,850. this is going to not only spook many of the shorts but institutions, such as myself, will buy more knowing that our downside is protected because their will be so much short covering on the way down. This new short interest which brings the short interest to nearly 40% of the float coupled with the upcoming earnings of .96 for the year and a very positive conference call will create a K-Tel type of short squeeze. The only difference is that this company has the earnings to support the $40 stock price. Trenzich, I beg of you to add to your short position.
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