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Technology Stocks : NewCom (NWCM)
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To: Cool Hand Luke who wrote (577)8/13/1998 10:40:00 AM
From: Cool Hand Luke  Read Replies (1) of 662
 
It is now official. The shorts are covering!

Yesterday's Dreyfus stock was bought by shorts covering their positions. There are around 300,000 shares of Dreyfus stock left (if that). No one else is selling. What are the shorts going to do when there is no stock left to buy? Answer - buy in the open market. The worm has turned.
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