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Technology Stocks : NewCom (NWCM)

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To: paperheart who wrote (483)6/11/1998 7:05:00 AM
From: Ralph Ulisse  Read Replies (1) of 662
 
Paperheart-Good Short. What price did you short this stock at? I would guess about $13.50. You're up a whopping $2.25 per share. I know it's not over, but you seem to have some pretty good insight with this company. I wonder what you see that Dreyfus and other institutions don't. I would guess they do a more extensive job of DD, then you. Your January post was a few days before Dreyfus filed their 13G. A 1.1 million purchase is a big statement, and in your words, "follow the money". If you're an accountant, then you may want to look at changing careers. You may consider running your own portfolio, and have all of your Silicon Investor followers send you $100 each, and then you would have enough money to sell 10 more shares short. Are you shorting more at these levels? If you're short, you still have to cover. Trenzich already mentioned that he covered a while back, and made a little profit. Short more at these levels if you think the stock heads lower. I'm buying at these levels(warrants), and anxiously awaiting the balance sheet.

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