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Technology Stocks : NewCom (NWCM)
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To: Sportfish who wrote (658)4/23/1999 1:52:00 PM
From: Elliot Gittleman  Read Replies (1) of 662
 
If I were you, I would bail out of this stock at any cost.

I have spent almost 6 months trying to get a rebate check from these dogs. Finally in the beginning of April they sent me a check after I told them I was going to the Attorney General to report them for consumer fraud.

Well they are still at it. The check bounced for insufficient funds. Guess what?! It bounced a second time a week later. Makes you wonder how they can do business if they can't cover a $20 check.

I ask all of you out there to stop buying their products, especially ones with a rebate as the rebate is worthless (imo).

If you want to really check back on this company, they are basically owned by Aura Systems, a NASD company that had a large class action lawsuit some years ago over stock price. Aura seems all right but they must have spun off a major portion of Newcom for a reason.

Good hunting and fishing, but I believe the shorts have a real winner here!
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